FireflyTA

(FireflyTA) BB Pressure Heatmap

FireflyTA Updated   
This is a simple heatmap based on multi-timeframe Bollinger Bands to find range support & resistance . It makes dynamic confluence zones visible and can be used to add evidence to a thesis or as a basis for a custom range S&R trading strategy.

Colors are optimized for a dark chart layout.

There are currently 3 presets ( LTF , MTF, HTF) available in case you don't know how to customize the BB settings.

You need to add two of these to show support AND resistance at the same time.

Enjoy!
Release Notes:
v1.1

  • This version adds the possibility to alter the number of BBs used for the heatmap generation. This can reduce lags in case the default settings are too heavy on performance.

  • There is also a new preset available for the 4H chart ("MTF 4H Lightweight")
Release Notes:
Update v1.2
  • By checking "Use Current Chart" you can now always use the indicator with the chart you're on. The input field below lets you add a ticker, so it's possible to fetch data from a different chart.
  • Optimized some values and the colorization.

Crypto TA & FireflyTA indicator tutorials:

Twitter: twitter.com/FireflyTA
YouTube: www.youtube.com/channel/UC3Hxf0omt3dMqAxGQBnXJPA
Discord: t.co/Ky7gE7zfja
Twitch: twitch.tv/fireflyta
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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