How is heatmap calculated?
I'm trying to understand how a heatmap is calculated. I want to know the specific algorithm or method behind generating a heatmap, and how it represents data visually through colors.
What does a heatmap tell you?
I am trying to understand what information a heatmap provides. I know it uses colors to represent data, but what specific insights can I gain from it? How does it help in analyzing patterns or trends?
What are the best colors for a heatmap?
I'm trying to create a heatmap and I'm wondering what colors would be best to use. I want the map to be visually appealing and also easy to interpret. Should I use a specific color scheme or palette?
What is liquidity in heatmap?
I'm trying to understand the concept of liquidity in the context of a heatmap. I want to know how it's represented and what it indicates in terms of market activity or trading volume.
Why is it called heatmap?
I'm wondering why it's referred to as a 'heatmap'. What does the name signify and how does it relate to the function or appearance of this kind of map?