Heatmap - Support & Resistance (Volume Clusters) — Indicator by KryptoNight

supportandresistance volumestudies heatmap support volumeclusters blocks orderblocks volumedelta cvd countersratio

Heatmap - Support & Resistance ( Volume Clusters)

The Heatmap is based on the real traded volume .
The Heatmap can help identify the levels of Support and Resistance, thus validating other indicators' Oversold or Overbought conditions.

Small blocks don't have much significance. On the other hand, bigger and brighter ones would mean strong levels of Support or Resistance.

Alerts are available to be set to fire whenever the Support or Resistance levels are reached.

Related tools:
• Volume Delta
• CVD
• Counters Ratio

Release Notes: added a Noise Filter.

Release Notes: added option - 5min chart interval

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