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USER MANUAL: TRADEINEX™ FUNDAMENTAL

  • Indicator Installation

  • Alerts & Notifications

  • Interface

  • General Recommendations

  • Indicator Settings

  • Market Factors Index

  • Onchain Metrics Index

  • Technical Factors Index




INDICATOR INSTALLATION


After payment, we will connect indicators to your TradingView account within 24 hours (usually 1-2 hours).

If you don't have a TradingView account yet, register one on the website or mobile app.


Installation on PC


1. Press the button “Indicators” to open the menu “Indicators, Metrics & Strategies”.


2. Go to the section “Invite-only scripts”. If you haven't used invite-only scripts before, sometimes you need to reload TradingView site for this section to appear.


3. Select indicator TradeINEX: Fundamental.


4. Use the indicator only on the 1D (one day) timeframe.



Installation on a mobile device


1. Press the button “+” to open the menu “Add”.


2. Press the button “Indicators” to open the menu “Indicators, Metrics & Strategies”.


3. Go to the section “Invite-only scripts”. If you haven't used invite-only scripts before, sometimes you need to reload the TradingView app for this section to appear.


4. Select indicator TradeINEX: Fundamental.


5. Use the indicator only on the 1D (one day) timeframe.



ALERTS & NOTIFICATIONS SETTINGS


1. Press the button with the alarm clock to open the Alerts Tab.


2. Press the button with plus (+) to create a new alert.


3. Condition:


Select indicator - TradeINEX.


Signals Alerts:


For Buy and Sell signals alerts, select from the drop-down list - “BUY!” or “SELL!”. Set the parameter - “Once per bar close”.


4. Notifications:


To receive notifications on your mobile device via the TradingView application, check the box - “Notify in app”.




USER INTERFACE


The indicator interface is fully customizable. You can change the visibility, size, color or style of any element. The indicator works with both light and dark themes of the TradingView platform and on any device.



Elements of the indicator interface on the chart:


1. MAIN INDEX - a composite index of all fundamental, on-chain and technical market metrics.


2. Fast Index - a fast summary index line that shows the acceleration and deceleration of the INDEX line.


3. Signals - Buy/Sell and signals.


4. Static Base Line - crossing this line indicates a change of the long-term market trend.


5. Dynamic Base Line - an improved dynamic variant of the baseline. Сrossing this line indicates a change of the long-term market trend.


6. Static Borderlines - crossing these lines indicates overbought and oversold market states.


7. Dynamic Borderlines - an improved dynamic variant of borderlines. Crossing these lines indicates overbought and oversold market states.


8. Pivot Points - points on the histogram where local trends change. Pivot points are useful for identifying significant support and resistance levels and for identifying bearish or bullish market sentiment.


9. Altseason Index - line that indicates a period where money flows out of Bitcoin into altcoins, resulting in a significant and rapid price increase for the majority of cryptocurrencies.


10. Metrics - table of summary market metrics.


METRICS TABLE SECTIONS:


INDEX - the value of a composite index of all fundamental, on-chain and technical market metrics.


Market - the value of the market factors index.


Onchain - the value of the onchain factors index.


Technical - the value of the technical factors index.


True Price - the price level where the forces of buyers and sellers are in balance. The true worth of an asset calculates by analyzing factors like its potential for growth, production cost and many other market factors.


Optimal Price - an optimal entry point to buy the asset for long-term investment.


Discount Price - an excellent entry point to buy the asset at a deep discount for long-term investment.


Lowest Price - a lowest possible price for the current market state.





HOW TO USE THE INDICATOR



GENERAL RECOMMENDATIONS


The indicator TradeINEX Fundamental helps to find the best entry points for investing by identifying market trends and cycles. Market cycles are the periodic rise and fall of trends and growth and decline patterns.


The indicator should only be used on the 1D timeframe. On other timeframes, it will work incorrectly!



INDEX LINE AND HISTOGRAMS


INDEX LINE - this is the cumulative result of the work of dozens of algorithms, hundreds of metrics and thousands of factors that are processed by the artificial intelligence of the indicator. Histograms show the state of the market based on fundamental, on-chain and technical factors to indicate when the trend will change.

For ease of use, all the above data is grouped into 4 indexes by type:

1. Index of market factors

2. Index of onchain factors

3. Index of fundamental factors

4. Index of technical factors


The INDEX LINE combines the data of all four histograms and forms one main trend line.



INDICATING THE STARTING UPTRENDS AND DOWNTRENDS


If the INDEX line crosses the Base (zero) level and goes down below, this indicates that the market has all the conditions for a global downtrend.

If the INDEX line is below the lowest level of the scale, the market is in a state of extreme oversold, and investors are in extreme fear. There is a high probability of a change the market trend from downward to upward. It is the best entry point for long-term investments.


An example of a successful investment in Bitcoin (BTC) during the market collapse in March 2020.


If the INDEX line crosses the Base (zero) level and continues to move upward, this indicates that the market has all the conditions for a global uptrend.

If the INDEX line is above the highest level of the scale, the market is in a state of extreme overbought, maximum financial risk. There is a high probability of a change the market trend from upward to downward. It's time to lock in profits from a successful investment. At this moment the Indicator gives a Sell signal.


An example of timely locking in profit at the Bitcoin (BTC) price peak in December 2017.


A long stay of the INDEX line close to the Base (zero) level indicates a neutral mood of market makers. During this period, when the forces of buyers and sellers are almost equal, the price moves sideways.



DIVERGENCE


Divergence is when the price of an asset is moving in the opposite direction of aт indicator, such as an oscillator, or is moving contrary to other data. Divergence warns that the current price trend may be weakening, and in some cases may lead to the price changing direction.


Bullish divergence is defined when the lows on the price chart are falling and the lows of the indicator are rising. This indicates an imminent change in the trend to an upward one.


Bearish divergence is defined when the highs on the price chart rise and the highs of the indicator decrease. This indicates an imminent change in the trend to a downward one.

An example of Bitcoin (BTC) trend reversals after divergences in 2021.





GENERAL SETTINGS


MARKET SELECTION


Select Market - choosing a market for analytics. The indicator will automatically select a set of metrics and indexes relevant to the selected market, as well as their parameters.


Bitcoin (BTC) - mode for analyzing trading pairs BTC/USD, BTC/USDT and BTCUSDC. In this mode, you can track the Bitcoin market state, mood and behavior of large and small Bitcoin holders, as well as various factors influencing its pricing.


Crypto Market - analysis of the whole crypto market. In this mode, indicator analyzes the behavior of market players on all cryptocurrency assets in aggregate, tracks all factors influencing the cryptocurrency market, and also indicates the beginning of the altseason.


Stock Market - stock market analysis. In this mode, the indicator analyzes changes in global economic factors, as well as the famous stock indexes such as S&P500, NASDAQ, etc.


Universal - mode for analyzing any market, be it cryptocurrency, stock or forex.



INDICATOR SETTINGS


Show INDEX - display the summary index line. The parameter on the left is responsible for smoothing the index line, and the parameter on the right is responsible for scaling it.


Show Signals - display indicator trading signals on the chart. Next comes the choice on the basis of which strategy the signals will be generated.


AUTO (AI) - artificial intelligence automatically selects optimal conditions for generating signals, depending on the market state.


INDEX X Base - signals will appear when the INDEX line crosses a static or dynamic baseline.


INDEX X ALL - signals will appear when the INDEX line crosses the static or dynamic histogram baseline, and/or crosses the upper and lower borderlines.


INDEX X Border A - signals will appear when the INDEX line crosses the upper and lower borderlines from the inside.


INDEX X Border B - signals will appear when the INDEX line crosses the upper and lower borderlines from the outside.


Base X Border - signals will appear when the dynamic baseline midline crosses the upper and lower borderlines.


Fast X Zero - signals will appear when the Fast Index line crosses the baseline.



INTERFACE SETTINGS


Show Metrics - display a table with indicator metrics. You can also select the position of the table and the text size.


Show Pivot Points - display pivot points on the histogram.


Show Extended Data - display extended data on the chart.


Round Float Values - makes a float value rounded to that amount of decimal places.



DATA SELECTION


You can manually select from the list the algorithms and metrics that will form the INDEX line, and also adjust their influence. Up to 34 algorithms can work simultaneously. Each algorithm has its own section in the settings menu.





ONCHAIN METRICS INDEXES



(HRD) Hash Rate Dynamics


Dynamics of Hashrate Change is an on-chain metric that calculates the level of profitability of Bitcoin mining by assessing the increase and decrease in computing power in the blockchain network. Thus, this metric helps determine whether miners are in profit or mining is no longer profitable.


- If the HRD indicator crosses the zero level from bottom to top, this indicates that mining is profitable and the market is in an upward trend. If the indicator is above the upper limit of the metric scale, there is a high probability of a quick change in the market trend from upward to downward.


- If the HRD indicator crosses the zero level from top to bottom, this indicates that Bitcoin mining has stopped paying for itself, and the market is in a downward trend. If the indicator is below the lower limit of the metric scale, there is a high probability that the market trend will quickly change from downward to upward.


- An HRD value close to zero indicates an uncertain market condition.



(ADR) Asset Demand Ratio


The Asset Demand Ratio is an on-chain metric that calculates the ratio of the capitalization of an asset and the total cost of all transactions made on the blockchain network. The algorithm takes into account the total market capitalization and the value of the amount of the asset for each trade. Thus, the ADR metric shows whether the market price of an asset corresponds to its demand as a means of payment, and not just for speculation, and helps determine whether the market is in a “bubble” state, or vice versa, “at the bottom.”


- If the ADR indicator line crosses the zero level from bottom to top, this indicates that demand for the asset prevails in the market and an upward trend movement begins - “inflating a bubble”. If the indicator is above the upper limit of the metric scale, this indicates that the market is in a state of overbought (“inflated bubble”) and there is a high probability that the market trend will soon change from upward to downward.


- If the ADR indicator line crosses the zero level from top to bottom, this indicates that supply prevails in the market and a downward trend movement begins. If the indicator is below the lower limit of the metric scale, this indicates that the market is close to the price bottom and there is a high probability that the market trend will soon change from downward to upward.


- An ADR value close to zero indicates a balanced market state.



(PLR) Profit & Loss Ratio


Transaction Profit and Loss Ratio is an on-chain metric that calculates the total profit or loss from all transactions in the blockchain network. The algorithm takes into account the cost of buying and selling an asset, as well as the trading volume for each transaction. Thus, this metric helps determine whether market participants are in profit or loss, on average, at a given point in time.


- If the PLR indicator is above the zero level, this indicates that market participants are profiting from the sale of assets, and the market is in an upward trend. If the indicator is above the upper limit of the metric scale, there is a high probability of a quick change in the market trend from upward to downward.


- If the PLR indicator is below the zero level, this indicates that market participants are recording losses from the sale of assets, and the market is in a downward trend. If the indicator is below the lower limit of the metric scale, there is a high probability that the market trend will quickly change from downward to upward.


- A PLR value close to zero indicates an uncertain market condition.



(MCD) Mining Cost & Difficulty


An algorithm that calculates the ratio of the cost of Bitcoin mining to its difficulty shows the payback of mining this cryptocurrency asset.

Thus, this metric helps determine whether miners are in profit or mining is no longer profitable.



(TRV) Transaction Volume


The algorithm of this metric analyzes the dynamics of changes in the total volume of all transactions carried out on the blockchain network over a certain period of time.

Thus, this metric demonstrates the level of activity on the network. It also helps determine whether a given asset is actually in demand for use or whether it is used only for speculation.



(BSE) Bitcoin/Stablecoins Emission


The algorithm of this metric analyzes the dynamics of changes in the ratio of the emission of Bitcoin and stablecoins.



(NAD) New ATH Drawdown


The algorithm of this on-chain metric calculates, as a percentage, the drawdown in the price of an asset relative to its last historical maximum.



(MVT) Median Value Of Transfer


The algorithm for this on-chain metric calculates the median USD amount transferred per transaction (i.e. average USD transfer size) between different addresses over a given period of time.



(MVT) Median Value Of Transfer


The algorithm of this on-chain metric analyzes the growth of new addresses in the Bitcoin blockchain network. The metric of the number of new addresses in the Bitcoin network shows the dynamics of network growth and the influx of new users.





FUNDAMENTAL



Global Economic Index


The algorithm of this index determines the dynamics of changes in stock market indicators based on the analysis of stock price indices of industrial and high-tech companies, such as the American S&P 500, Dow Jones, NASDAQ, European DAX or Chinese SSE.

The point of compiling a stock index is to calculate an indicator with the help of which market participants could determine the general direction and speed of movement of share prices of companies in a certain market segment, without the need to study the situation of all these companies separately.

Studying the movement of stock index indicators helps traders understand the impact of various political and economic events on the situation in certain areas of the economy.

As a rule, the movement of stock index indicators also reflects the dynamics of prices of smaller assets from the same sphere. Thus, composite indices help investors assess the prospects of investing in the assets of a particular sector of the economy at a certain point in time.

The cryptocurrency market very often correlates with the American indices of the largest technology companies S&P 500, Dow Jones, NASDAQ.



Stock Volatility Index


The Stock Market Volatility Index algorithm shows market participants' expectations and expected volatility for the S&P 500 Index over the next 30 days. Its schedule is calculated based on bid and offer quotes for index option contracts.

By analyzing the stock market volatility index, traders and long-term investors can receive useful signals about an upcoming trend reversal and make decisions to take profits from their positions.

Typically, when the market falls, the volatility index rises, and when the market rises, the volatility index falls.



Stock Panic Buy & Sell


The Stock Market Panic Index algorithm shows the level of fear and greed among stock buyers. With its help, you can determine what type of assets stock market participants prefer to invest in, high-risk or protective assets.



Stock Market vs Crypto


The algorithm of this index compares the growth dynamics of the stock and cryptocurrency markets. It can be used to assess the strength of correlation between these markets.



Safe Haven Assets vs Crypto


The algorithm of this index compares the dynamics of consumer demand for cryptocurrency assets and for protective assets of the stock market, such as precious metals.





TECHNICAL FACTORS INDEXES



(MTI) Multi Timeframe Index


The index algorithm of multi-timeframe indicators analyzes price movement relative to the levels constructed by indicators on higher timeframes. These levels help identify a potential price peak in an uptrend and a price bottom in a downtrend.



(MFI) Market Money Flow Index


An index of indicators working on the principle of analyzing the dynamics of cash flow, the algorithms of which measure the pressure on the price of buyers and sellers, using methods of analyzing price movements and trading volumes.



(ARI) Absorption Rate Index


Index of indicators measuring the speed of absorption of trend price movements.



(LRI) Logarithmic Regression Index


The algorithm of this index analyzes the dynamics of price movement relative to levels calculated using a logarithmic function. Levels built on the basis of logarithmic regression help to identify a potential price peak during an upward movement and a price bottom during a downward trend.



(RSI) Relative Strength Index


An index of oscillators whose work is based on assessing the dynamics of price changes relative to its previous values. The index determines the sentiment of market participants and identifies overbought and oversold levels when the price should turn in the direction opposite to the current trend.


- If the index line rises above the upper limit of the scale, this is an indication that the market is in an overbought state and one can consider opening positions to sell the asset.


- If the index line falls below the lower limit of the scale, this is an indication that the market is in an oversold state and one can consider opening positions to buy an asset.



(TPI) Trend Power Index


An index of trend indicators that measure the strength and direction of a price movement trend based on an analysis of the sequence of highs and lows of price movement, volatility levels and other factors.



(OSI) Oscillators Index


Index of oscillator indicators. Oscillators are technical momentum indicators that provide instant insight into whether the market is overbought or oversold.



(MAI) Moving Averages Index


An index of algorithm indicators based on moving averages of various types, which smooth out price fluctuations by averaging data. To determine the direction of the trend, as a rule, the difference between the values of the fast and slow moving average, as well as the points of their intersection with each other, is used.



(CAI) Channel Analysis Index


Index of algorithm indicators based on price channel analysis.


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