When To Finance - Seriously Helpful Information Tables
This is a script I created originally for my friends to be able to learn how to trade like how I trade, seasoned traders may understand the script as soon as you look at it but those that are new might need some more information on how this script works.
The main purpose of this indicator is to show some important information from other indicators and crypto market information to determine market sentiment.
Indicators used:
EMA 10, 20, 50, 200 ,800
The EMA 50 Line changes colour depending if it is above or below the EMA 200 which is what some may call a Golden or Death cross. The Trade Table will show the EMA values and will also change colours depending if the price is below or above the value which would turn Red and become a resistance or Green and become a support.
RSI 14
I have added the RSI values which will also change colours depending if the asset is in the overbought zone or the oversold zone. There are other bits of information to consider but I have colour coded this and paired with the way I trade, this is quite useful with the other metrics.
ADX 14 14
The ADX value has been added since I use it for scalp trading, it turns green when the value is over 25 and red when under. Also needed with my trading style.
ATR 14 RMA
The ATR has been added to allow me to quickly use it and multiply it depending on my Risk Ratio. This is just there to show the value.
Crypto Market Cap, USDT & BTC Dominance
As part of my trading style, knowing about the market sentiments is important in order for me to trade Alts or BTC. This information is needed to understand which trades to take whilst also using the other bits of information on the tables.
S&P 500 + NASDAQ COMP
I have added these in order for me to see how the general markets are doing. I believe these are important for me to understand the whole market money flow.
My script is what my friends and I need to allow us to trade efficiently without needing all the other indicators that take up screen real estate.
The main purpose of this indicator is to show some important information from other indicators and crypto market information to determine market sentiment.
Indicators used:
EMA 10, 20, 50, 200 ,800
The EMA 50 Line changes colour depending if it is above or below the EMA 200 which is what some may call a Golden or Death cross. The Trade Table will show the EMA values and will also change colours depending if the price is below or above the value which would turn Red and become a resistance or Green and become a support.
RSI 14
I have added the RSI values which will also change colours depending if the asset is in the overbought zone or the oversold zone. There are other bits of information to consider but I have colour coded this and paired with the way I trade, this is quite useful with the other metrics.
ADX 14 14
The ADX value has been added since I use it for scalp trading, it turns green when the value is over 25 and red when under. Also needed with my trading style.
ATR 14 RMA
The ATR has been added to allow me to quickly use it and multiply it depending on my Risk Ratio. This is just there to show the value.
Crypto Market Cap, USDT & BTC Dominance
As part of my trading style, knowing about the market sentiments is important in order for me to trade Alts or BTC. This information is needed to understand which trades to take whilst also using the other bits of information on the tables.
S&P 500 + NASDAQ COMP
I have added these in order for me to see how the general markets are doing. I believe these are important for me to understand the whole market money flow.
My script is what my friends and I need to allow us to trade efficiently without needing all the other indicators that take up screen real estate.
ملاحظات الأخبار:
Since there are other traders out there that like to use SMA instead of EMA, and also like to use Fibonacci numbers rather than standards, I have added some new features and made things a bit easier for the chart.
New:
Average Lines - Have added in SMA and also added in the option to use Fibonacci numbers instead. I sometimes switch between SMA and EMA to determine other supports and resistances especially the 200MA over the 200EMA.
Stochastic RSI - I use this indicator a lot but I only look at the numbers mainly, so I have added this as a number value. When Stochastic RSI is in the oversold zone, it will go green, yellow means over 20 but under 50, orange is over 50, but under 80, and red means over 80 in the overbought zone. The arrow indicates if the stochastics have a crossover or under which also shows direction.
Changed:
Text - I made the title texts a bit smaller since it would just tighten the tables a bit more.
Demark - I have added 2 more Demark numbers and the ability to change colours the higher you go which if you know how Demark works, the colours do help such as knowing when it is close to a reversal etc.
If you like this script or have any suggestions, feel free to comment below.
New:
Average Lines - Have added in SMA and also added in the option to use Fibonacci numbers instead. I sometimes switch between SMA and EMA to determine other supports and resistances especially the 200MA over the 200EMA.
Stochastic RSI - I use this indicator a lot but I only look at the numbers mainly, so I have added this as a number value. When Stochastic RSI is in the oversold zone, it will go green, yellow means over 20 but under 50, orange is over 50, but under 80, and red means over 80 in the overbought zone. The arrow indicates if the stochastics have a crossover or under which also shows direction.
Changed:
Text - I made the title texts a bit smaller since it would just tighten the tables a bit more.
Demark - I have added 2 more Demark numbers and the ability to change colours the higher you go which if you know how Demark works, the colours do help such as knowing when it is close to a reversal etc.
If you like this script or have any suggestions, feel free to comment below.
ملاحظات الأخبار:
As per request, I have added in mobile friendly code which allows you to customise the tables/view for mobile use.
Changes:
- Ability to relocate the tables to any of the 9 positions on the chart.
- Ability to adjust the size of the tables.
- Ability to turn off the trade table information indicators to allow you to have a more compact view.
Changes:
- Ability to relocate the tables to any of the 9 positions on the chart.
- Ability to adjust the size of the tables.
- Ability to turn off the trade table information indicators to allow you to have a more compact view.