Finally, I did all necessary work on the second sheet.
So, here you can download both heatmaps now.
ODR:
docs.google.com
RDR:
docs.google.com
Thanks for all your support โฅ๏ธ
Some instructions in ๐งต๐
#DRIDR @IamMas7er @M7_DR_ACADEMY @juliana_frgt #DayTrading
So, here you can download both heatmaps now.
ODR:
docs.google.com
RDR:
docs.google.com
Thanks for all your support โฅ๏ธ
Some instructions in ๐งต๐
#DRIDR @IamMas7er @M7_DR_ACADEMY @juliana_frgt #DayTrading
You can basically split the data "next to" the actual heatmap into 4 parts.
Everything in ๐ก is time-based data (1 for retracement below the heatmap, 1 for extension above - in a long setup), ๐ด is retracement price levels, ๐ข is extension price levels.
Everything in ๐ก is time-based data (1 for retracement below the heatmap, 1 for extension above - in a long setup), ๐ด is retracement price levels, ๐ข is extension price levels.
Count
๐ This is "just" DRLens data. It represents the height of the bars in the different retracement and extension price level diagrams (for ๐ด & ๐ข) or in the time based diagrams (for ๐ก)
๐ This is "just" DRLens data. It represents the height of the bars in the different retracement and extension price level diagrams (for ๐ด & ๐ข) or in the time based diagrams (for ๐ก)
Edge
๐ This is percentage of the specific count compared to the sum of all counts. In the picture above you can see that the "count" of retracements at 04:30 is 14, this means - related to DRLens - that in the given scenario max retracement has formed 14 times at 4:30-4:45.
๐ This is percentage of the specific count compared to the sum of all counts. In the picture above you can see that the "count" of retracements at 04:30 is 14, this means - related to DRLens - that in the given scenario max retracement has formed 14 times at 4:30-4:45.
Compared to all retracements in this scenario this is 17.1%. So 17.1% of all max retracements are formed in this 15 minutes.
Retracement/Extension (%)
๐ This is the accumulated "edges" up to this time (for ๐ก), down to this price level for retracement (for ๐ด) or up to this...
Retracement/Extension (%)
๐ This is the accumulated "edges" up to this time (for ๐ก), down to this price level for retracement (for ๐ด) or up to this...
...price level for extension (for ๐ข). In our example this means, that 41.5% of all max retracements in the given scenario have been formed until 4:30-4:45.
โผ๏ธ Reminder: There is no data included in the sheets. You can find some sample data in the first data set in each file. Please type in the correct data by yourself.
๐ ๏ธ Known issues
๐ In some data sets the fields for "Median Time of Max Extension/Retracement" are not formatted correctly. This leads to false calculations of the median times. Please forgive me, I'll fix it as soon as possible, but probably only after my vacation.
๐ In some data sets the fields for "Median Time of Max Extension/Retracement" are not formatted correctly. This leads to false calculations of the median times. Please forgive me, I'll fix it as soon as possible, but probably only after my vacation.
๐ Thanks to all of you, I got several messages and am overwhelmed by the positive feedback. I am currently planning to implement further functionalities.
Feel free to retweet this tweet, thanks in advance โฅ๏ธ
Feel free to retweet this tweet, thanks in advance โฅ๏ธ
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