How to Use the ATAS Heatmap for Trading

TL;DR

To use the ATAS heatmap, activate it by adding the Dom levels indicator or using Dom Trader. You can customize various settings, such as color transitions and volume filters, to enhance its functionality. The heatmap effectively visualizes trading activity, helping traders analyze price movements and order book interactions.

Transcript

foreign [Applause] of the heat map feature in the Addis platform users had questions about how to activate it where to find it and how to customize it this video aims to answer frequently asked questions and highlight the benefits of using the heat map for those who haven't tried it yet the heat map also referred to as the liquidity map is a tool t... Read More

Key Insights

• 🥵 The heat map feature in the Addis platform visualizes trading activity within the order book.
• 🥵 Users can customize the heat map by adjusting various parameters, including color transition, cutoff, contrast, smoothing, log scale, custom proportion, and filters.
• 🇩🇲 The heat map can be activated using the Dom levels indicator or the Dom Trader option.
• 🥵 The Dom levels heat map is suitable for analyzing historical data, while the scalping Dom heat map is better for recent data and order flow visualization.
• 🪈 The heat map in Addis helps traders analyze price and order interaction in the order book.
• 🥵 The heat map flickers due to the platform's principle of relativity when displaying the heat map.
• 🥵 Filters can be applied to the heat map to display only desired volume levels within the order book.

Summary & Key Takeaways

• The heat map, also known as the liquidity map, visualizes trading activity of major market participants within the order book.

• To activate the heat map, add the Dom levels indicator to the chart or use the Dom Trader option.

• Customize the heat map by adjusting color transition, cutoff parameter, contrast, smoothing, log scale, custom proportion, and filters.