Heatmaps and Market Overview
Heatmaps and market overview tools give you an instant visual snapshot of market conditions. Instead of checking assets one by one, you can see the entire market's performance at a glance.
Stock Market Heatmap
The stock heatmap (Products → Heatmap) displays stocks as rectangles sized by market capitalization and colored by performance. Green means the stock is up, red means it's down. The size of each rectangle shows its relative market cap — larger companies appear bigger. This gives you an instant picture of where money is flowing.
Crypto Heatmap
The crypto heatmap works similarly but for cryptocurrencies. It's especially useful for seeing which sectors of the crypto market are performing (DeFi, Layer 1s, Memecoins, etc.) and identifying rotation between sectors.
Heatmap Customization
You can customize heatmaps to show:
- Size by: Market Cap, Volume, Number of Employees
- Color by: Performance (1D, 1W, 1M, YTD, 1Y), P/E Ratio, Dividend Yield
- Grouping: by Sector, Industry, Country
- Filtering: minimum market cap, specific exchanges
Sector Performance
TradingView's market overview shows sector performance data — how different sectors (Technology, Healthcare, Energy, etc.) are performing relative to each other. This is invaluable for sector rotation strategies and understanding broader market trends.
Pro Tip
Check the heatmap every morning before trading. It takes 10 seconds and gives you an immediate sense of market sentiment. If the heatmap is mostly green, the market is risk-on. If it's mostly red, be cautious with long positions.
Key Takeaways
- Heatmaps show market performance as colored rectangles sized by market cap
- Green = up, Red = down; larger rectangles = larger companies
- Customize by performance period, size metric, and grouping
- Crypto heatmaps reveal sector rotation (DeFi, L1s, etc.)
- Check the heatmap daily for an instant market sentiment read