Agility Heatmap - Brain Stimulus for future trading

Enclosed is another interim update with the buttons on the Charts tab enabled. When changing Charts the connect button will need to be re-clicked.

Until I do another general update, just a reminder concerning the VC ++ 10 installation from above if you are running a VPS.

I might add that if you are using Agility Heatmap on your own computer running Win 8 onwards, no additional files should be required. Just the installation from Post #1 and the zip file update below.

If you are running Win 7 or less you will also need .net 4 above.

Another interim update.

Second and third tabs now enabled. Color changes now able to be saved.

Addressing the future direction of Agility Heatmap, the concept of this thread is the big dynamic picture of what is happening now between the top 14 pairs. Most of you are aware that I maintain another thread called Agility Trader which is strong on Technical Analysis and has quite a degree of versatility but is constrained by the design of MT4. There are 367 inputs which is quite overwhelming and that is why I designed a companion program which makes the inputs far more understandable.

In setting up Agility Heatmap, I am intending to move away from MT4 as a development platform but stalled a little when the API would not function on a VPS. Having addressed that with the kind assistance of the developer of the API, my next project was to increase the speed of the program. This is an ongoing issue and the present solution is rather than monitor 14 currency pairs over 7 time frames, 14 pairs are monitored over 1 time frame.

This does cause me some concern because I feel that some overall perspective of price action is still needed. The algorithm for the color coding is to compare the percentage change in price over x bars on 1 min time frame for each currency pair (x is the number of minutes of the current time frame) and then to combine each pairs percentage change as a percentage of the combined percentage changes. From that we can see where the price action is heading for each currency on a relative basis. This is pure price action on a dynamic basis, no indicators just price.

What I am contemplating and would encourage some general discussion, is a concept where a weighted percentage could be calculated by comparing the relative values over the 14 major and minors over 7 time frames. The weighting is towards the lower time frames.

Here is the example reduced down to 3 timeframes and 4 currency pairs for simplicity.

Pair A on 15 min 35%, 60 min 20%, 1440 min 20% - Overall (35% x 3) + (20% X 2) + (20% x 1) that is 165% / 6 = 27% overall
Pair B on 15 min 25%, 60 min 30%, 1440 min 35% - Overall (25% x 3) + (30% x 2) + (35% x 1) that is 170% / 6 = 28% overall, the strongest Pair
Pair C on 15 min 15%, 60 min 35%, 1440 min 15% - Overall (15% x 3) + (35% x 2) + (15% x 1) that is 140% / 6 = 23% overall
Pair D on 15 Min 25%, 60 min 15%, 1440 min 30% - Overall (25% x 3) + (15% x 2) + (30% x 1) that is 120% / 6 = 20% overall

These percentages are not price change , but the percentage ratio of the price change considering all pairs.

I have left out the decimal points but all the relative percentages add up to 100. That is the percentage represents the relativity between the pairs and the investment decisions are made with a reference to the current strength of the currency overall. This is dynamic and give you a great overall view of any selected currency. There is absolutely no lag, no moving averages or any other indicator. That is my vision of a heat map.

Nevertheless others see Technical Analysis as having significant importance so I will continue on with the development of of the strategies tab and ultimately the easiest and most efficient back testing and optimization.

Look forward to your input.

Hi Dave
Provided my understanding of the above is correct, personally I would prefer a lag in display time and be able to view multiple Heat Map TF's for all the pairs.
Two reasons:
1) give greater flexibility for decision making and
2) am used to using multiples (as provided on various web sites and dashboards)
To solve the issue of speed I would prefer two windows if that was the solution required.
Being that your program is local the speed issue is directly related to a) internet speed and 2) local resources (both highly variable across all users) and given that your intention, I believe, is to be entirely web based the issue of speed across all global users will always be a massive variable until one variable (the use of local resources) is virtually eliminated.

​That's great input Richard and does sway me back to the original concept. I know I have a tiger to tame and because there was lack of response and I was beginning to think I had gone beyond by own KISS principle. Now back in Aus and will evaluate the direction and ask for for opinions over the weekend.

The way I see it is that there are many brilliant dashboards out there so I really want to provide something different and stimulating. Not there yet but I do have a final vision which will bring all together.

Hi Dave, hope you enjoyed your travels.

My input FWIW.

I have never really enjoyed much success with Heat Maps, probably my lack of understanding and maybe yours will help, so with regard to that there is little input. In general rather than the actual maps I would rather see some dynamic intelligence for different timeframes. My personal preference is to trade H4 and upwards

As a user of the Agility companion I am more concerned over the changes there. Losing the 4 sub tabs for example and fitting them in to one part of Heatmap was a concern from the examples shown in the AT thread. I prefer the one on Post 533 to those at 509 / 513.

Of the other tabs I am looking forward to Backtesting and Optimisation.

Thanks

Alan

PS Would you have chance to respond to my PM whilst you were away? Cheers.

Just an update to the progress of the Heatmap.

I will be re-introducing the Multi Chart format and the Strategies Tab will include the full capabilities of Agility Trader with extra user input slots. This is quite a big task so please bear with me.

Hi Dave

Good to see ... looks very impressive ... cant wait for more ...

Enclosed is an interim update which incorporates the first 4 tabs and reintroduces the multi chart display.

Greetings to All,

I still having problem opening Heatmap on my computer. I am a Mac user and not very familiar with windows. I try to run the software on a Windows 10 laptop.
It is missing some kind of logging. The heat map it self opens but I am getting an error window. (Assembly binding logging is turned off)
Any help would be much appreciated.

Please read Post #81 and Post #82 above carefully.

Having a problem - when I connect the Heat Map my platform freezes how can I reduce the number of pairs and or the charts to maybe free up some cpu?

I inadvertently disabled the ability to un-check columns or rows which may lessen the load. That is now re-enabled. Also Single Chart buttons enabled.

Please disable any rows or columns before connecting.

Update below -
EDIT: Re -download if you downloaded before 0602GMT

Thank you Dave_C

Interim Update to complete saving of settings in Tabs 3, 4 and Color Selections and to correct Single Chart selection.

EDIT: Please Re-Download if you downloaded before 0050 GMT

​Hi Dave:
I have tried to install AgilityHeatmap on my new window desktop computer :

!.After running the msi file ,my firefox browser does not load anymore and it gives error even after I have reinstalled it .
2. The MtApi expert on the chart does not stay there and the journal print that it has been removed after successfully loaded
3. When I run the AgilityHeatmap file and try to connect ,it ask for MtApi and exit?
would you please help me ?

From what you describe, it sounds like the msi file was not installed correctly as when you attach MtApi to a chart for the first time you should get a warning confirming that you allow the connection to be created. If I were you I would read the whole thread.

There is a possibility that your Anti Virus software has blocked the installation. Read Post #81 and Post #82 carefully.

Another update to correct error with Single Charts

Hi Dave,

Thanks for amazing work on this..
Could you please let me know how can I add only currency or stocks of my choice in this heatmap ?

Thanks
Nishant.

I have amended the program slightly so that changes to the codes required now show in the multi charts tab.

To change a designation, select the single chart tab and click on the drop down "Alter Assignment". Select the currency pair that you wish to change and type in the new code required and then click on OK. That change will now be reflected on the Multi Charts Tab and the Single Chart Tab.

Also I have added the capability to deselect/select row and columns by clicking on the associated check box even when updates are taking place. There will be a small delay for your checkbox click to be registered and you will need to reconnect to complete the update.