This Indicator will improve your Chart reading as it display most of the common used Indicators in a table with colored Background changes depend on the status of the indicator .
What indicators does this script have ?
RSI Multi timeframes (Chart RSI - 15m - 1h - 4h )
SMA ( 5 - 10 - 20 - 50 )
Stochastic
MACD
ADX
MFI
all of the above indicators will show in a table , table cell will change in color ( green or red ) depend on the status of the indicators
Green and red table status :
For the RSI
If RSI is above RSI MA = Green which indicate - up trend if not then its RED which indicate down trend ----------- For SMA if Price above SMA = Green which indicate - up trend if not then its RED which indicate down trend
also SMA 50 when price is above it , it changes its color to green if price is under SMA 50 , it will be red ----------------------- For Stochastic : if K > D and ks < 90 = Green which indicate - up trend if not then its RED which indicate down trend -----------------------
For MACD if MACD is above signal and MACD is bigger than 0.000 = Green which indicate - up trend if not then its RED which indicate down trend -----------------------
For ADX if ADX> 20 and plus > minus = Green which indicate - up trend if not then its RED which indicate down trend -----------------------
For MFi
if MFi > 75 = Overboughtwhich indicate - a dump could happen
if MFi < 20= Oversoldwhich indicate - a pump could happen
if MFI < 50 and > 20 = Bearish Rangewhich indicate - price is going down
if MFI > 50 and < 75 = Bullish Rangewhich indicate - price is going UP
also added a feature
whenever the price cross the 50 SMA
it will show you the lowest price from the 10 Previous candles , could be used as a stoploss **
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.