Indicator Installation
Alerts & Notifications
Interface
General Recommendations
Main Settings
Technical Analysis Elements
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: Technical Analysis.
4. Use the indicator only on the 4H timeframe or higher.
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: Technical Analysis.
5. Use the indicator on the 4H timeframe or higher.
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. Moving Averages
2. Support and Resistance Levels
3. Fibonacci Retracement Levels
4. Point of Control (POC) Level
5. Imbalance Zone (IMB)
6. Break Of Structure (BOS) Level
7. Supply and Demand zones
8. Horizontal Volume or Volume Profile
9. Price channel
10. Trend lines
11. Pivot points
12. Price direction tracing
13. Forecasting vector
14. Candle patterns
15. Global price range
16. Logarithmic regression channel
17. Mining price
GENERAL RECOMMENDATIONS
It is recommended to use the indicator for technical analysis on 4H timeframes and higher.
When using metrics such as Global Price Channel or Logarithmic Regression (BTC only), it is recommended to switch the chart to logarithmic mode for correct display. In other cases, it is better to use linear mode.
MAIN SETTINGS
Show Moving Averages - display moving averages on the chart.
Show Support/Resistance Levels - display support and resistance levels on the chart.
Show Fibonacci Retracement Levels - display Fibonacci retracement levels on the chart.
Show Supply & Demand Zones - display supply and demand zones on the chart.
Show Horizontal Volume Levels - display a market profile on the chart.
Show Price Channel - display a price channel on the chart.
Show Up/Down Trend Lines - display support and resistance trend lines on the chart.
Show Pivot Points - display pivot points on the chart.
Show Price Direction Tracing - display price direction tracing vectors on the chart.
Show Forecast Vector - display a vector predicting further price movement on the chart.
Show Candle Patterns - display candlestick patterns on the chart.
Show Global Price Range - display a global range of highs and lows of price movement on the chart.
Show Logarithmic Regression (BTC) - display a logarithmic regression channel on the chart (only for Bitcoin).
Show Mining Cost (BTC) - display the estimated cost of mining Bitcoin on the chart.
Round Float Values - makes a float value rounded to that amount of decimal places.
SUPPORT & RESISTANCE LEVELS SETTINGS
Support Level - the price at which an asset may find difficulty falling below as traders look to buy around that level.
Resistance Levels - the price at which an asset may find difficulty rising above as traders look to sell around that level.
Fibonacci Retracement - Fibonacci retracement is a trend line drawn between two significant points, usually between absolute lows and absolute highs, plotted on a chart. The Fibonacci retracement levels are based on the golden ratio and consist of 0.23, 0.38, 0.5, 0.61, 0.78 levels. Fibonacci retracements can be used to place entry orders, determine stop-loss levels, or set price targets.
Resistance Source - selection of data sources to search for rebound points from resistance levels: highs, opening or closing levels of bars.
Support Source - selection of data sources to search for rebound points from support levels: low levels, opening or closing bars.
Close Detection Depth - depth of search for rebound points from the nearest support and resistance levels. The higher the value of this parameter, the wider the search range for levels relative to the current price will be.
Close Confirmation Period - time of confirmation of rebound points from the nearest support and resistance levels. The higher the value of this parameter, the longer it will take for new levels to be confirmed, but their reliability will be higher.
Far Detection Depth - depth of search for rebound points from distant support and resistance levels. The higher the value of this parameter, the wider the search range for levels relative to the current price will be.
Far Confirmation Period - time of confirmation of rebound points from distant support and resistance levels. The higher the value of this parameter, the longer it will take for new levels to be confirmed, but their reliability will be higher.
Show BOS Level - Break of structure represents a trading term indicating a potential change or shift in the market's direction. BOS term presents important price levels breakout such as resistance, support, or any trendline.
Show Broken Support/Resistance - display old, no longer relevant, support and resistance levels.
PRICE CHANNEL
Price Channel — A price channel occurs when an asset's price oscillates between two parallel lines that are either horizontal, ascending, or descending.
The boundaries of the price channel are indicated by two trend dotted lines on the chart. Price channels can be upward or downward and determine the direction of the market trend.
Price Channel Source - selection of data sources to determine the price channel: levels of highs, lows, opening or closing bars.
Price Channel Length - depth of searching of the price channel.
Price Channel Deviation - degree of deviation during searshong the price channel.
Price Channel Line Width - width of boundaries lines on the chart.
Show Fibonacci Retracement Levels - display Fibonacci retracement levels inside the price channel.
Up/Down Trend Color - color of price channel lines, depending on trend direction.
HORIZONTAL VOLUME SETTINGS
The horizontal volume or the Market Profile is a visual representation of interchange of periods of market balances and imbalances. It shows trading activity at each price level for a certain period of time.
Using them, you can determine at what levels the maximum and minimum volume of transactions were made and at what levels market makers were active. Also, using these levels you can determine where resistance and support levels have formed.
POC (Point Of Control) - the price level at which the greatest number of trades during a given trading period. In other words, it is the price point where buyers and sellers are most evenly matched.
IMB (Imbalance) - a gap zone created when the price moves very fast in a given direction. It identifies a zone where the price could. potentially go back. This gives perfect targets for your trades.
Volume Levels Searching Depth - depth of search for horizontal levels of trading volumes.
Volume Levels Number Of Rows - number of horizontal levels of trading volumes.
Volume Levels POS and IMB - color and thickness of lines of the POC (Point Of Control) cost zone level and the IMB (Imbalance) imbalance zone level.
Volume Levels Rows Color - color of horizontal levels of trading volumes.
CANDLE PATTERNS
The TradeINEX Technical Analysis indicator automatically identifies and displays dozens of candle patterns on the chart.
Candle Patterns Searching Depth - depth of identifying candlestick patterns. The higher this value, the more reliable the identifying of candle patterns will be, but their occurrence will be rarer.
Hammer - a reversal pattern that often appears at the end of a downtrend. It consists of 5 candles: the two leftmost candles are full and descending, the middle ascending candle is shaped like a hammer, as it has a small body, a very large lower shadow and a small upper shadow. The two rightmost candles are full and ascending.
Inverted Hammer - a reversal pattern that often appears at the end of a downtrend and is a mirror image of the middle candlestick of a hammer pattern.
Doji Dragonfly - a reversal pattern that often appears at the end of a downtrend. It consists of five candles: The two leftmost candles are full and descending, the middle ascending candle has a very short body, a very large lower shadow and no or small upper shadow. The two rightmost candles are full and ascending.
Doji Gravestone - an inverted version of the Dragonfly Doji pattern that often appears at the end of a downtrend.
Hanging Man - a reversal pattern that often appears at the end of an uptrend. It consists of 5 candles: The two leftmost candles are full and ascending, the middle ascending candle has a small body, a large lower shadow and a small upper shadow. The two rightmost candles are full-bodied and downward.
Shooting Star - a reversal pattern that often appears at the end of an uptrend. It consists of 5 candles: The two leftmost candles are full and ascending, the middle descending candle has a short body, a very large lower shadow and an absent or small lower shadow. The two rightmost candles are full-bodied and downward.
Evening Star - a reversal pattern that often appears at the end of an uptrend. It consists of three candles: The leftmost candle is full-bodied and ascending, the middle descending candle has a short body, and the upper and lower shadows are almost equal in length. The far right candle is full-bodied and downward. Moreover, the right candle is slightly longer than the left one.
Morning Star - a reversal pattern that often appears at the end of a downtrend and is an inverted copy of the Evening Star pattern.
Evening Doji Star - a reversal pattern that often appears at the end of an uptrend and is a copy of the Evening Star pattern, only in which the middle candle is a Doji.
Morning Doji Star - a reversal pattern that often appears at the end of a downtrend and is a copy of the morning star pattern, only in which the middle candle is a doji.
Three White Soldiers - a reversal pattern that often appears at the end of a downtrend. It consists of 3 rising full-bodied candles. The highs, lows, and open and close levels increase in each subsequent candle.
Three Black Crowns - a reversal pattern that often appears at the end of an uptrend. It consists of 3 descending full-bodied candles. The highs, lows, and open and close levels decrease in each subsequent candle.
Bullish Harami - a reversal pattern that often appears at the end of a downtrend. It consists of two adjacent candles, the second of which is upward, smaller than the first - downward, while the body and shadows of the second candle should be within the limits of the first candle.
Bearish Harami - a reversal pattern that often appears at the end of an uptrend. It consists of two adjacent candles, the second of which is downward, smaller than the first - downward, while the body and shadows of the second candle should be within the limits of the first candle.
Bullish Engulfing - a reversal pattern that often appears at the end of a downtrend. It consists of two adjacent candles, the second of which, the ascending one, absorbs with its length the first, the downward one, while the body and shadows of the first candle should be within the shadows of the second candle.
Bearish Engulfing - a reversal pattern that often appears at the end of an uptrend. It consists of two adjacent candles, the second of which, a downward one, absorbs with its length the first, an upward one, while the body and shadows of the first candle should be within the shadows of the second candle.
Bullish Pin Bar - a reversal pattern that often appears at the end of a downtrend. It consists of those candles: the left candle is downward, the middle upward candle has a small body, a very large lower shadow and a small upper shadow, the right candle is upward.
Bearish Pin Bar - a reversal pattern that often appears at the end of an uptrend. It consists of those candles: the left candle is up, the middle down candle has a small body, a huge upper shadow and a small lower shadow, the right candle is down.
Doji - a pattern consisting of one candle with a very short body.
Star - a pattern consisting of one candle with a small body and shadows almost equal in length.
Doji Star - a pattern consisting of one candle with a very short body and shadows almost equal in length.
Full Body Candle - a pattern consisting of one long candle with a long body and short shadows.
FORECAST VECTOR SETTINGS
The predictive vector shows the further direction of price movement, based on an analysis of a combination of technical analysis factors.
Forecast Vector Searching - the depth of identifying the direction of the price movement vector. The higher the value of this parameter, the longer it will take to change the direction of the vector, but its accuracy will be higher.
Forecast Vector Confirmation - time to confirm the direction of the price movement vector. The higher the value of this parameter, the longer it will take to change the direction of the vector, but its accuracy will be higher.
Forecast Vector Line Width - the thickness of the line vector of the direction of further price movement.
Show Old Forecast Vectors - display on the chart past vectors that are no longer relevant.
TREND LINES SETTINGS
A trend line is a bounding line for the price movement. It is formed when a diagonal line can be drawn between a few price pivot points.
Trend Lines Searching - period of identifying trend lines. The higher the value of this parameter, the longer it will take to identify trend lines, but their reliability will be higher.
Trend Lines Confirmation - period of confirmation of trend lines. The higher the value of this parameter, the longer it will take to confirm trend lines, but their reliability will be higher.
GLOBAL PRICE RANGE SETTINGS
The global price range consists of 9 lines that show the levels of probable highs and lows of the price, as well as the average price of the asset.
MIDDLE Line - is in the middle of the price range and divides the price chart into upward and downward trends. During an uptrend, it acts as dynamic support, and during a downtrend it acts as resistance.
Blue Lines - are support levels from which the price is likely to bounce during a downward movement. The lowest blue line usually acts as the price bottom. When the price reaches this level, it is a reliable signal to buy the asset.
Red Lines - are resistance levels from which the price is likely to bounce during an upward movement. The highest red line usually acts as the top of the price movement. The price reaching this level is a reliable signal to sell the asset.
Price Range Timeframe - the timeframe on which the global price range is calculated (may not coincide with the chart timeframe).
Price Range Multiplayer - scaling of global price range lines.
Price Range Logic - logic for generating buy and sell signals.
A - signals appear when the price crosses the extreme lines of the range.
B - signals appear when the price crosses the middle line of the range.
Price Range Upper/Lower Colors - colors of the top and bottom lines of the global price range.
Price Range Color Fill - display color fill between global price range lines.