The TradeMaster table is a comprehensive, all-in-one market tool. You can get an instant picture of any asset in any market. Using all the vital technical analysis indicators. It tells you the market sentiment and which key data is giving you bullish or bearish signals. Instead of applying a confusing array of tools to your chart, this chart makes it easy to get an overview of the market.
We understand that you are trying to put all the technical analysis tools on your trading chart, but this makes it impossible to read them correctly (so you can’t read the market well). We have taken all the vital tools we use in trading and combined them into one complete chart. Real-time data is at your fingertips!
The key data table is an essential tool you need to follow to make this indicator even more profitable. You should use this tool as a guide during your trades. There are a few key things to consider when trading in the live markets to ensure that you take quality trades when using this indicator.
Our Market Table displays the key data within the premium features. This feature is extremely useful for easily obtaining relevant information about the market and can be used in conjunction with confirmation or contrarian signals.
Consider this panel as one of your best friends, reminding you that there may be dangers before you trade, or confirming that your assumptions and the current short & long signal are indeed more likely to be correct.
Obviously, when you are looking for a long, you should be looking for all indicators to be green, and conversely, when they are all red, you should be looking for a short.
Elements of the table #
The timeframe of our trading chart refers to the specific period analysed or displayed on the chart. It can be a specific number of minutes, hours, days or even months. For example, a 1-minute timeframe shows the price movement of an asset in one minute, while a 1-hour timeframe shows the price movement in one hour. The time frame can be changed by the user to view different time periods.
Trend Strength #
The trend strength and sentiment shown in the table is based on the TradeMaster trend PRO indicator
Trend strength quantifies the strength of the underlying trend in percentage terms and informs the trader whether the market is trending or choppy. This indicator can help the trader know whether a signal is more likely to be false or not.
The colour of the cell is displayed based on the direction and strength of the currently displayed trend, with green indicating a rising trend and red indicating a falling trend.
The trend is the general direction of the market. You want this trend to match the type of trading you are doing. So if you want to trade long, the most optimal signal will be “Strong UP”.
If you are shorting, you want to see a “Strong down” signal for the trend.
As with most indicators, the TradeMaster Pro indicator does not perform well in a choppy market. So you only want to enter markets that have high volatility and move a lot.
In this case we want the “strength” metric to be as high as possible. The higher the better.
- Info: Percentages higher than 50% indicate a trending market, while percentages lower than that may indicate a sideways/fluctuating market.
Momentum #
The momentum shown in the table is based on the TradeMaster momentum PRO indicator
Momentum measures the speed of price changes, as opposed to the actual price levels themselves. You want it to match your trading direction.
“Strong Up / UP” for long trades, “Srong Down / Down” for short trades.
Volume #
The volume data shown in the table is based on the TradeMaster volume PRO indicator.
Volume is simply the volume traded in a given stock, index or crypto over a given period.
Given that we want a lot of movement on our charts, we want our Volume data to be as high or “above average” as possible.
The purpose of our volume data is to provide an estimate of whether volume supports a price decline, rise, breakout or breakout. If not, it can be a warning sign.
The value of this TradeMaster Volume can sometimes be high or low, even if a candle does not reflect this sentiment, so it could potentially signal a reversal.
Volatility #
Volatility is the rate at which the exchange rate rises or falls over a given period. Given that we do not want to trade in sideways markets, we want volatility to be as high as possible. The higher the better.
The volatility data shown in the table is based on the TradeMaster volatility PRO indicator and returns a low value in low volatility periods and a high value in high volatility periods.
TradeMaster Volatility Pro may also display a warning signal, this occurs when volatility is either too low or too high and indicates extra caution.
Squeeze can also be written to our chart. Squeeze is an indication of price contraction. If a squeeze appears, it may indicate that the market is squeezed into a tighter range, suggesting that market prices are stuck in a narrow range with low volatility, soon to be followed by an explosion or crash (Low volatility periods are followed by highs, and highs by lows.)
Asset strength #
The “asset strength” is based on our own unique concept of the world, which gives a more accurate and relevant indication than all such indicators. This data can be used to help traders identify altcoins that are performing well or showing signs of potential growth, and make more informed decisions about which altcoins to trade and which altcoins or assets to NO!!
Structure table #
This feature is very useful for interpreting market trends over different time frames. The table shows the strength of the market structure, internal, swing and HTF (Higher TimeFrame) structures, making it easier to see the market situation.
Session Table #
This function displays the start of trading sessions, the time remaining and the currently active session. With this table, traders can easily monitor the opening hours of different financial markets and maximise their trading opportunities. Well-planned sessions help optimise trading strategies and increase trading efficiency.
