Pair Strength Heatmap Tool

Hi All,

Earlier I was looking at uxColor (http://uxmarketflow.com/introductiontoux.php) and I thought it might be a different way to look at all the pair data at the same time.

Feeling interested, I created an app that shows the last x prices (currently last 1000 hours) as a representation of colour. Dark red represents the lowest price for that pair in the last x bars, dark green the highest price. The app simply scrolls along with time (newest data on the right). It's interesting playing back historic data to easily and clearly see when trends start to occur and finish.

The next step will be to split the pairs up into groups, so each pair base is grouped together, eg AUD, EUR, USD etc. I will post an update when I have completed that.

This app is not for download, it uses a few dlls that I have already developed to plug into Dukascopy/JForex and MySQL etc that make it difficult to split up for distribution. I don't use MT4 but I assume that it would be easy enough for somebody to reproduce this if they wanted.

Let me know if you have any question or comments.

So what is the purpose of this thread ?

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we have written several heat maps along that line..... mladen has a few as do i.....

if you or someone else attempts programing it in mq4 , consider having multiple panes..... such as pane 1 might be as your image above, pane 2 would change the output to pairs grouped by currency, pane 3 might arrange them a different manner/metric, and so on.......h

FerruFx the purpose is just to share an idea, I have found lots of ideas on FF that have inspired me to go and try new things, so I am simply sharing this and hopefully it will inspire somebody else...

hayseed I was thinking the exact same thing, it could also be split so you could look at price in one pane, rsi or stoch or any other indicator etc in another pane.

Fine!

64F et al. - uxColor is a revolutionary and PATENTED method of color mapping numbers.


YOU ARE VIOLATING OUR PATENT.

PLEASE IMMEDIATELY CEASE AND DO NOT DISSEMINATE ANY CODE BASED ON UXCOLOR MAPPING APPROACH.

We are always looking for programming talent like yours.

We would be happy to work with you as a partner. We have need of skills like yours.

It took us a lot of creative energy and money to get to the point that you could see our ideas.

Please respect our intellectual property and the effort we have put in to get uxColor to the point you could copy it.

Please contact me.

Chuck Dehner
CEO uxMarketFlow - IAC LLC
[email protected]
[email protected]
US 913 488 4640

Hi Chuck,

I'll send you an email. Perhaps you misunderstood my post, I am not competition to you, I have nothing to sell or any intention of selling anything. My professional background is data analysis and visualisation, indeed I have been using heatmaps to display data for as long as I can remember, including professionally for at least 15 years.

The post I made was a simple app showing a heatmap for all the pairs, there are many like it on this forum. I guess the problem was that I mentioned your company (who I have a professional resect for). I'm curious that you have a patent, I would like to view it because I am surprised that you could patent such a thing as converting a number to a colour, and a quick google image search for heatmap will show just how popular heatmaps are for displaying numeric data (as I am sure you are aware).

I'm surprised that you don't have a forex application as part of your package, perhaps I should patent a forex heatmap?

Anyway I'll continue to do my own thing making tools that I use for my personal use and occasionally I'll post screenshots of them in forums like this when I feel that they could inspire others.

Thanks

Hi 64f.

Thank you for your reply, I was looking for an email so did not get back sooner.

uxColor is not a heatmap. uxColor maps each row independently using a common spectrum, heat maps map the whole matrix at once.

That is why you do not see heat maps with time as an x-axis, though some of our maps have been posted in other blogs.

uxColor lets us map data of widely different ranges in the same map, a stock price of Google and a stock price of a penny stock for example, or stock prices in different national currencies.

I don't know the forex data well so not sure how you are doing it. In our product tools the client can select uxColor or a heat map style of color mapping.

We are in the USA. You would be violating our patent if you were in the USA, but I do not believe you are.

What I would really like to do is work with you on some basis to bring up a forex product. Maybe a consulting basis, or other idea you may have, shared product revenue?

Our product has a number of capabilities coded, multiple frames, instrument list and map scroll together, mathematics, the ability to change the color mapping functional form, and a lot more that may help to create a valuable tool to forex traders.

We have access and licenses with data vendors that can make the data available.

Contact me if you are interested, we would like to work with you.

Chuck Dehner
CEO uxMarketFlow IAC LLC
[email protected]
USA 913 488 4640

64H

I have not heard from you.

I went through pages and pages of google images on heat maps. I saw one that had time, it was one of our images from an early version, I remember using the palette.

To get a patent in the USA is not easy. Less than 1/3 of applications are granted a patent. It costs a lot of money.

I do not think stealing our ideas for you own benefit is morally correct.

So you can pass them on and look "cool".

You may have some form of situational ethics where you feel it is justified.

We have spent a lot of time and money building the tool to the point you could see it and copy it.

Whether you justify it as just spreading the word or not, it is not right.

You are hurting me, my family, and employees. You are stealing from us.

What you need to live with is that in your conscience. You are a thief in reality.

I offered nicely to work with you. Offered you an opportunity to work with us.

No response.

Posting stolen ideas to inspire others is no justification. You have stolen them from us.

In sharing them so you look cool or something you are only hurting us more.

Now we will pass this to our attorney and just hope you visit the US where they can do something.

Chuck Dehner
CEO uxMarketFlow.com
[email protected]
USA 913 488 4640

Chuck

Best thing you can do here is post your Patent number and reference

KBM

I am looking for heat map like this showing pairs but I need to have it auto place in the top order of strength?