Placing trades in what a trader believes to be a trending market, only to be stopped out as the market reverses, is a common factor in trading account losses, and was the sole reason why this indicator was developed, and and assists in overcoming one of the greatest problems in the early days of all traders – staying in a trend.
The Heatmap takes the three variable inputs from the Hawkeye Trend — conservative, normal and aggressive, and shows you visually when all three trends have locked into place. This gives you a clear view of the overall market sentiment and quantifies risk.
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