Heatmaps provide traders with an intuitive and quick way to analyze large amounts of data by visually identifying patterns. They highlight areas of high and low performance, helping traders make informed decisions. By displaying historical and real-time data, heatmaps allow traders to detect trends and anomalies effectively. They also assist in comparing multiple assets or timeframes at a glance. Furthermore, heatmaps improve risk assessment by showcasing volatility concentrations. Use heatmaps to quickly spot areas of interest before diving into detailed analysis.