The Heatmap is a visual record of historical liquidity within the Order Book, showing limit buy (below current price) and limit sell (above current price) orders.
Updated in real-time, it also shows current liquidity.
It consists of a grid of blocks, each with a specific color/intensity that represent the strength of supply or demand, at that price/time.
Heatmap Intensity Slider
Sometimes you may wish to filter the Heatmap data.
This is achieved by using the intensity slider in the top bar.
The slider's colors serve as a legend for the Heatmap.
The darker color on the left represents the color used for blocks with a smaller value on the Heatmap.
The lighter color on the right represents the color used for blocks with a larger value on the Heatmap.
- Using Left handle, you can filter out blocks with a smaller value from the Heatmap.
- Right handle helps you view the blocks with a larger value, by increasing their visibility.
Colors and Filtering data
You can change the Default Theme by clicking on Layer Settings.
Themes aren't just for aesthetics, they are also fine-tuned for different visualisations.
Quickly Show/Hide the TradingLite Heatmap by pressing the ‘H’ key on your keyboard.
The Heatmap can be Extended which can be used will help identify the current supply/demand liquidity pools, with greater clarity.
To extend the Heatmap:
- Click Indicators
- Select 'Heatmap'
- Select the desired value from 'Extend Heatmap'
Whilst this guide has covered the basics, you should also consider viewing the Heatmap Advanced guide.
Show all content