TradeChartist Tracker
โข๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐๐ต๐ฎ๐ฟ๐๐ถ๐๐ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ is an essential real-time multi Indicator tracking toolkit that can be plotted as a standalone Indicator plot, a multi symbol tracker/screener for upto 10 different symbols and a visual scorecard for upto 5 different symbols. The indicators included in the tracker are Stochastic Oscillator, RSI, CCI, 15 different Moving Averages, MACD, Bollinger Bands %B (including Bollinger Bands and Breakout Signals), Ichimoku Cloud (including Breakout signals), Donchian Channels Oscillator (including Donchian Channels and Breakout Signals), Net Volume and Heikin Ashi Trend.
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โข๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐๐ต๐ฎ๐ฟ๐๐ถ๐๐ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐จ๐๐ฒ๐ฟ ๐ ๐ฎ๐ป๐๐ฎ๐น
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โขTradeChartist Tracker Plot Types
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1. Indicator plot of Chart Symbol on its own, chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown, enabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐).
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the chart symbol XRP-USDT.
2. Indicator plot of a Symbol different from the Chart Symbol, chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown by enabling Tสแดแดแด แดษดแดแดสแดส Sสแดสแดส's Iษดแด ษชแดแดแดแดส and entering the symbol name in the Sสแดสแดส แดแด Tสแดแดแด input box, whilst keeping ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the BTC-USD (different from chart symbol XRP-USDT).
3. Tracker Plot of up to 10 Multiple Symbol Trackers for the Indicator chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown, by disabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) and by entering the number of trackers required in the ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ input box under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section. Upto 10 Symbols can be tracked and can be input by the user in the input boxes from Sสแดสแดส 1,...Sสแดสแดส 10. ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) must be disabled for this plot type.
In this example Daily chart of Crypto Total Market Cap, Bollinger Bands %B is tracked for the chart symbol + 10 other Crypto symbols using Multi Symbol Trackers
4. Visual Scorecards of up to 5 Symbols for 8 indicators (all except Net Volume and HA Trend) can be plotted with real-time data by enabling ๐๐ถ๐๐ฝ๐น๐ฎ๐ ๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ - (๐ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ ๐๐ข๐ฆ๐ข๐ญ). ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) must be disabled for this plot type.
For the same example Daily chart of Crypto Total Market Cap as above, Visual Scorecard is plotted for 5 Symbols as shown.
5. Indicator Tracker labels can be plotted on Price chart by overlaying the Tracker on main chart and by switching from Separate Tracker Pane - Default to Tracker Labels only on Price Scale in the Lแดสแดสs Dษชsแดสแดส Tสแดแด dropdown box.
In this example chart of 1hr XLM-USDT, Tracker labels of 55 EMA are plotted for 10 different symbols along with the 55 EMA plot of XLM-USDT.
Indicator plot that doesn't fit on price scale can be visualised using a second Tracker added to chart as shown in the ETH-USDT example below tracking Net Volume.
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๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ๐ ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ๐ฑ ๐ถ๐ป โข๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐๐ต๐ฎ๐ฟ๐๐ถ๐๐ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ
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1. Stochastic Oscillator
2. RSI
3. CCI
4. MA - (15 types included)
5. MACD
6. Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
7. Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
8. Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
9. Net Volume
10. Heikin Ashi Trend
All of the above indicators can be plotted as independent plots of the Chart Symbol or of a different symbol by enabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐). Some Oscillators have the option of Pสแดแด Sแดสสแด under their relevant sections, and can be plotted as line, area or a histogram.
Oscillators 1-8 (except 4) require source price, lookback length and smoothing (where available) for the indicator plot. The colour of the tracker blocks is based on the Upper/Lower bands (where available), specified by the user in the respective sections. For example, if the RSI indicator is chosen to be plotted with Upper band at 60 and Lower band at 40, the tracker blocks and the Indicator plot paint the values between 40 and 60 in neutral colour which can be changed from the settings.
Multi Window BTC-USDT 1hr example chart below with various indicators from โขTradeChartist Tracker.
Note: The tracker colour is exactly colour of the Indicator Plot. The Visual Scorecard, however uses the mid values and doesn't take into account the bands specified by the user. For example, RSI score is green on the Visual Scorecard as long as RSI is above 50 and doesn't get affected by the user specified upper/lower band and this applies to all Oscillators. This is shown in the 1hr BTC-USDT chart below.
Moving Averages (MA) and MACD
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Tracker plots and tracks one of 15 Moving Averages that can be chosen from the MA แดสแดแด and by specifying the MA Lแดษดษขแดส.
MACD uses EMA as default for calculating the MACD plots and Tracker data using Fแดsแด Lแดษดษขแดส, Sสแดแดก Lแดษดษขแดส and Sแดแดแดแดสษชษดษข. To experiment or use a different Moving Average to calculate MACD, disable ๐๐ฌ๐ ๐๐๐ (Uษดแดสแดแดแด แดแด แดsแด MA าสแดแด แดสแดแด แด) and select the required Moving Average from MA แดสแดแด drop down of the ๐ฐ. ๐ ๐ผ๐๐ถ๐ป๐ด ๐๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ section.
Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
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Bollinger Bands %B is a companion oscillator for Bollinger Bands and helps depict where the price is, in relation to the Bollinger Bands. To plot the actual Bollinger Bands, enable Dษชsแดสแดส Bแดสสษชษดษขแดส Bแดษดแด s and to plot the Bollinger Bands Breakout Signals, enable Sสแดแดก BB Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
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Ichimoku Cloud Oscillator helps visualize the current price in relation to the breakout support/resistance of the Ichimoku Cloud using strict Ichimoku Cloud criteria (including Chikou Span agreeing with the breakout etc.). To plot the actual Ichimoku Cloud, enable Dษชsแดสแดส Iแดสษชแดแดแดแด Cสแดแดแด and to plot the Kumo Breakout Signals, enable Sสแดแดก Kแดแดแด Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Cloud Settings form the fundamental factor for this indicator to detect the breakouts. The settings for the Ichimoku Cloud is Automatic (detects right settings for the symbol type) by default, but this can be changed to Classic or 24/7 Crypto, based on the user preference from the settings under ๐๐ฅ๐จ๐ฎ๐ ๐๐ฒ๐ฉ๐, which also includes a manual input option. Ichimoku traders can experiment different settings combinations under manual settings to suit their trading frequency and timeframe traded.
Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
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Donchian Channels comprises of three plots - a upper band, a lower band and a mean line (or mid line of the channel). The upper band is based on highest high of N periods specified by the user and the lower band is based on the lowest low of N periods specified by the user. These channels help spot price breaching high or low of last N periods clearly, thereby aiding the trader to understand the price action of any symbol better on any given timeframe.
Donchian Channels Oscillator helps visualize the current price in relation to the Mean line of the Donchian Channels of user specified lookback period (specified in the Dแดษดแดสษชแดษด Cสแดษดษดแดส Lแดษดษขแดส input box). The sensitivity of the oscillator can be adjusted using smoothing factor in the Sแดแดแดแดสษชษดษข input box. To plot the actual Donchian Channels, enable Dษชsแดสแดส Dแดษดแดสษชแดษด Cสแดษดษดแดสs and to plot the Donchian Channels Breakout Signals, enable Sสแดแดก DC Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Note: Using smoothing factor more than 1 doesn't reflect the actual Donchian Channels Mean line and also impacts the Tracker block colours.
Net Volume and Heikin Ashi Trend
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Net Volume and Heikin Ashi Trend can be tracked and plotted for up to 10 symbols in addition to the chart symbol, but both Net Volume and Heikin Ashi Trend are not included in the Visual Scorecard. Since the colour of the Net Volume depends on candle being bullish or bearish, it can help the user visualize if the current candle close of the symbol tracked is above or below the symbols's candle open.
Note: Bar Replay doesn't update the bar by bar indicator plot for historic bars for symbols other than the chart symbol. However, the Indicator Plot is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ
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Visual Scorecard plots a green Bull or a red Bear Score colour plot for each Indicator from RSI to Donchian Channels Oscillator against every symbol tracked for up to 5 symbols max (First 5 symbols under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section). The gap between the scores can be adjusted using gap factor under Gแดแด Fแดแดแดแดส สแดแดแดกแดแดษด Sแดแดสแดs dropdown.
Visual Scorecard scoring method
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RSI > 50 - ๐ข
RSI < 50 - ๐ด
Stoch > 50 - ๐ข
Stoch < 50 - ๐ด
CCI > 0 - ๐ข
CCI < 0 - ๐ด
Close price above MA plot - ๐ข
Close price below MA plot - ๐ด
MACD > 0 - ๐ข
MACD < 0 - ๐ด
Bollinger Bands %B > 50 - ๐ข
Bollinger Bands %B < 50 - ๐ด
Ichimoku Bullish Kumo Trend - ๐ข
Ichimoku Bearish Kumo Trend - ๐ด
Donchian Channels Oscillator > 0 (or close price above DC Mean Line) - ๐ข
Donchian Channels Oscillator < 0 (or close price below DC Mean Line) - ๐ด
Note: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Scorecard is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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๐ ๐๐น๐๐ถ ๐ฆ๐๐บ๐ฏ๐ผ๐น ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ๐/๐๐ฎ๐ฏ๐ฒ๐น๐
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Multi Symbol Tracker blocks continuously track the real-time indicator data of up to 10 symbols (in addition to the chart symbol) based on the number of Symbol Trackers preferred in the ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐ฒ๐ฆ๐๐จ๐ฅ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ (๐-๐๐) input box under the ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section, and plots Bull, Bear and Neutral colour coded blocks based on both the indicator selected and settings preferred by the user under the relevant indicator section.
Multi Symbol Tracker Labels also continuously track the real-time indicator data in addition to the last close price (if ๐๐ก๐จ๐ฐ ๐๐ซ๐ข๐๐ is enabled under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section), which helps user see the real-time changes in the indicator values and price changes of the symbols tracked.
The Tracker Label colours are exactly the same as the Tracker Block colours and are filtered based on the user preferred bands on the Oscillator values. This is slightly different to the Visual Scorecard Colour coding as the range between the user preferred bands is colour coded in a neutral colour, whereas the Scorecard uses only Bull and Bear Colours as explained in the ๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ heading above. For example, if the user prefers RSI upper band of 60 and lower band of 40, the range between the values of 40 and 60 will be colour coded in neutral colour which can be changed from the ๐จ๐๐ฒ๐ณ๐๐น ๐๐ ๐๐ฟ๐ฎ๐ section of the indicator settings.
Note 1: Default settings are based on the Oscillator mid values and hence the Tracker Blocks match with the Visual Scorecard colour codes. Using Upper and Lower bands for oscillators help spot the oversold and overbought zones and also helps spot breakout threshold based on Indicator values specified by the user. Example chart with visual depiction below using RSI.
Note 2: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Tracker blocks/labels are perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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Frequently Asked Questions
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Q: When I load the โขTradeChartist Tracker, why are the values in the labels blurred sometimes?
A: This happens occasionally as shown in the chart below, when the script is loaded for the first time or when a different setting is used.
To resolve this, just hide and unhide the script using the ๐ next to the Indicator title. If it is not visible, just hover the mouse/crosshair over the Indicator Title and it will be visible.
Q: Why does the indicator plot, tracker blocks and labels of Symbols being tracked, not update when I use Bar Replay?
A: As explained in the relevant sections above, historic data for bars and indicators other than chart symbol doesn't update on bar replay. But the chart symbol data does update for every bar on bar replay. This doesn't affect the real-time values and block colours for the symbols tracked.
Q: Can I track real-time values of a currently trading symbol when I'm on a symbol chart that is inactive? For example, can I see labels with real-time BTC values on a Sunday when I'm on a SPX chart when its not in session?
A: Simple answer is no. This is because, the plots are based on bar times of the chart and the symbols are tracked based on the bar time. So if the SPX session ended on Friday, the last known value of the BTC labels will be from Friday and hence it is always recommended to track symbols from a symbol chart that is in session.
Q: Does โขTradeChartist Tracker repaint?
A: This indicator doesn't repaint but it is not recommended to trade a different symbol from the chart based on the real-time data alone without checking if the current symbol chart is in session as inactive price chart will not have updated data on symbols tracked. Also, bar replay doesn't work on data pulled from external symbol data than the chart symbol, but signals confirmed at candle close and confirmed by Tracker blocks with appropriate colour code will be in agreement with the respective indicator and can be double checked for building trust and confidence on the indicator.
Q: Can โขTradeChartist Tracker be connected to other indicators as external source?
A: Yes. โขTradeChartist Tracker can be connected to another script and there are several use cases in doing so. A couple of examples are shown below.
1. โขTradeChartist Tracker's Bollinger Bands %B ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฃ๐น๐ผ๐ connected to โขTradeChartist Plotter to plot Divergences on the 4hr XAU-USD main price chart.
2. โขTradeChartist Tracker's ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ ๐๐๐๐ง๐ญ๐ข๐๐ข๐๐ซ connected to โขTradeChartist Plug and Trade as Oscillatory Signal with 0/0 to generate trade signals with Targets and performance information on trades.
More Example Charts
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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โข๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐๐ต๐ฎ๐ฟ๐๐ถ๐๐ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐จ๐๐ฒ๐ฟ ๐ ๐ฎ๐ป๐๐ฎ๐น
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โขTradeChartist Tracker Plot Types
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1. Indicator plot of Chart Symbol on its own, chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown, enabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐).
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the chart symbol XRP-USDT.
2. Indicator plot of a Symbol different from the Chart Symbol, chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown by enabling Tสแดแดแด แดษดแดแดสแดส Sสแดสแดส's Iษดแด ษชแดแดแดแดส and entering the symbol name in the Sสแดสแดส แดแด Tสแดแดแด input box, whilst keeping ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
In this example Daily chart of XRP-USDT, 55 period Stochastic is tracked for the BTC-USD (different from chart symbol XRP-USDT).
3. Tracker Plot of up to 10 Multiple Symbol Trackers for the Indicator chosen from the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ง๐๐ฝ๐ฒ dropdown, by disabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) and by entering the number of trackers required in the ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ input box under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section. Upto 10 Symbols can be tracked and can be input by the user in the input boxes from Sสแดสแดส 1,...Sสแดสแดส 10. ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) must be disabled for this plot type.
In this example Daily chart of Crypto Total Market Cap, Bollinger Bands %B is tracked for the chart symbol + 10 other Crypto symbols using Multi Symbol Trackers
4. Visual Scorecards of up to 5 Symbols for 8 indicators (all except Net Volume and HA Trend) can be plotted with real-time data by enabling ๐๐ถ๐๐ฝ๐น๐ฎ๐ ๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ - (๐ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ ๐๐ข๐ฆ๐ข๐ญ). ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) must be disabled for this plot type.
For the same example Daily chart of Crypto Total Market Cap as above, Visual Scorecard is plotted for 5 Symbols as shown.
5. Indicator Tracker labels can be plotted on Price chart by overlaying the Tracker on main chart and by switching from Separate Tracker Pane - Default to Tracker Labels only on Price Scale in the Lแดสแดสs Dษชsแดสแดส Tสแดแด dropdown box.
In this example chart of 1hr XLM-USDT, Tracker labels of 55 EMA are plotted for 10 different symbols along with the 55 EMA plot of XLM-USDT.
Indicator plot that doesn't fit on price scale can be visualised using a second Tracker added to chart as shown in the ETH-USDT example below tracking Net Volume.
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๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ๐ ๐๐ป๐ฐ๐น๐๐ฑ๐ฒ๐ฑ ๐ถ๐ป โข๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐๐ต๐ฎ๐ฟ๐๐ถ๐๐ ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ
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1. Stochastic Oscillator
2. RSI
3. CCI
4. MA - (15 types included)
5. MACD
6. Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
7. Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
8. Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
9. Net Volume
10. Heikin Ashi Trend
All of the above indicators can be plotted as independent plots of the Chart Symbol or of a different symbol by enabling ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐). Some Oscillators have the option of Pสแดแด Sแดสสแด under their relevant sections, and can be plotted as line, area or a histogram.
Oscillators 1-8 (except 4) require source price, lookback length and smoothing (where available) for the indicator plot. The colour of the tracker blocks is based on the Upper/Lower bands (where available), specified by the user in the respective sections. For example, if the RSI indicator is chosen to be plotted with Upper band at 60 and Lower band at 40, the tracker blocks and the Indicator plot paint the values between 40 and 60 in neutral colour which can be changed from the settings.
Multi Window BTC-USDT 1hr example chart below with various indicators from โขTradeChartist Tracker.
Note: The tracker colour is exactly colour of the Indicator Plot. The Visual Scorecard, however uses the mid values and doesn't take into account the bands specified by the user. For example, RSI score is green on the Visual Scorecard as long as RSI is above 50 and doesn't get affected by the user specified upper/lower band and this applies to all Oscillators. This is shown in the 1hr BTC-USDT chart below.
Moving Averages (MA) and MACD
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Tracker plots and tracks one of 15 Moving Averages that can be chosen from the MA แดสแดแด and by specifying the MA Lแดษดษขแดส.
MACD uses EMA as default for calculating the MACD plots and Tracker data using Fแดsแด Lแดษดษขแดส, Sสแดแดก Lแดษดษขแดส and Sแดแดแดแดสษชษดษข. To experiment or use a different Moving Average to calculate MACD, disable ๐๐ฌ๐ ๐๐๐ (Uษดแดสแดแดแด แดแด แดsแด MA าสแดแด แดสแดแด แด) and select the required Moving Average from MA แดสแดแด drop down of the ๐ฐ. ๐ ๐ผ๐๐ถ๐ป๐ด ๐๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ section.
Bollinger Bands %B + Optional plots of Bollinger Bands and Breakout Signals
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Bollinger Bands %B is a companion oscillator for Bollinger Bands and helps depict where the price is, in relation to the Bollinger Bands. To plot the actual Bollinger Bands, enable Dษชsแดสแดส Bแดสสษชษดษขแดส Bแดษดแด s and to plot the Bollinger Bands Breakout Signals, enable Sสแดแดก BB Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Ichimoku Cloud Oscillator + Optional plots of Ichimoku Cloud and Breakout Signals
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Ichimoku Cloud Oscillator helps visualize the current price in relation to the breakout support/resistance of the Ichimoku Cloud using strict Ichimoku Cloud criteria (including Chikou Span agreeing with the breakout etc.). To plot the actual Ichimoku Cloud, enable Dษชsแดสแดส Iแดสษชแดแดแดแด Cสแดแดแด and to plot the Kumo Breakout Signals, enable Sสแดแดก Kแดแดแด Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Cloud Settings form the fundamental factor for this indicator to detect the breakouts. The settings for the Ichimoku Cloud is Automatic (detects right settings for the symbol type) by default, but this can be changed to Classic or 24/7 Crypto, based on the user preference from the settings under ๐๐ฅ๐จ๐ฎ๐ ๐๐ฒ๐ฉ๐, which also includes a manual input option. Ichimoku traders can experiment different settings combinations under manual settings to suit their trading frequency and timeframe traded.
Donchian Channels + Optional plots of Donchian Channels and Breakout Signals
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Donchian Channels comprises of three plots - a upper band, a lower band and a mean line (or mid line of the channel). The upper band is based on highest high of N periods specified by the user and the lower band is based on the lowest low of N periods specified by the user. These channels help spot price breaching high or low of last N periods clearly, thereby aiding the trader to understand the price action of any symbol better on any given timeframe.
Donchian Channels Oscillator helps visualize the current price in relation to the Mean line of the Donchian Channels of user specified lookback period (specified in the Dแดษดแดสษชแดษด Cสแดษดษดแดส Lแดษดษขแดส input box). The sensitivity of the oscillator can be adjusted using smoothing factor in the Sแดแดแดแดสษชษดษข input box. To plot the actual Donchian Channels, enable Dษชsแดสแดส Dแดษดแดสษชแดษด Cสแดษดษดแดสs and to plot the Donchian Channels Breakout Signals, enable Sสแดแดก DC Bสแดแดแดแดแดแด Sษชษขษดแดสs, with ๐๐ข๐ฌ๐ฉ๐ฅ๐๐ฒ ๐๐ง๐๐ข๐๐๐ญ๐จ๐ซ ๐๐ฅ๐จ๐ญ (๐๐ข๐ฌ๐๐๐ฅ๐๐ฌ ๐๐ซ๐๐๐ค๐๐ซ/๐๐๐จ๐ซ๐๐๐๐ซ๐) enabled.
Note: Using smoothing factor more than 1 doesn't reflect the actual Donchian Channels Mean line and also impacts the Tracker block colours.
Net Volume and Heikin Ashi Trend
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Net Volume and Heikin Ashi Trend can be tracked and plotted for up to 10 symbols in addition to the chart symbol, but both Net Volume and Heikin Ashi Trend are not included in the Visual Scorecard. Since the colour of the Net Volume depends on candle being bullish or bearish, it can help the user visualize if the current candle close of the symbol tracked is above or below the symbols's candle open.
Note: Bar Replay doesn't update the bar by bar indicator plot for historic bars for symbols other than the chart symbol. However, the Indicator Plot is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ
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Visual Scorecard plots a green Bull or a red Bear Score colour plot for each Indicator from RSI to Donchian Channels Oscillator against every symbol tracked for up to 5 symbols max (First 5 symbols under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section). The gap between the scores can be adjusted using gap factor under Gแดแด Fแดแดแดแดส สแดแดแดกแดแดษด Sแดแดสแดs dropdown.
Visual Scorecard scoring method
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RSI > 50 - ๐ข
RSI < 50 - ๐ด
Stoch > 50 - ๐ข
Stoch < 50 - ๐ด
CCI > 0 - ๐ข
CCI < 0 - ๐ด
Close price above MA plot - ๐ข
Close price below MA plot - ๐ด
MACD > 0 - ๐ข
MACD < 0 - ๐ด
Bollinger Bands %B > 50 - ๐ข
Bollinger Bands %B < 50 - ๐ด
Ichimoku Bullish Kumo Trend - ๐ข
Ichimoku Bearish Kumo Trend - ๐ด
Donchian Channels Oscillator > 0 (or close price above DC Mean Line) - ๐ข
Donchian Channels Oscillator < 0 (or close price below DC Mean Line) - ๐ด
Note: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Scorecard is perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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๐ ๐๐น๐๐ถ ๐ฆ๐๐บ๐ฏ๐ผ๐น ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ๐/๐๐ฎ๐ฏ๐ฒ๐น๐
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Multi Symbol Tracker blocks continuously track the real-time indicator data of up to 10 symbols (in addition to the chart symbol) based on the number of Symbol Trackers preferred in the ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐ฒ๐ฆ๐๐จ๐ฅ ๐๐ซ๐๐๐ค๐๐ซ๐ฌ (๐-๐๐) input box under the ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section, and plots Bull, Bear and Neutral colour coded blocks based on both the indicator selected and settings preferred by the user under the relevant indicator section.
Multi Symbol Tracker Labels also continuously track the real-time indicator data in addition to the last close price (if ๐๐ก๐จ๐ฐ ๐๐ซ๐ข๐๐ is enabled under ๐ง๐ฟ๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐ฃ๐น๐ผ๐๐ section), which helps user see the real-time changes in the indicator values and price changes of the symbols tracked.
The Tracker Label colours are exactly the same as the Tracker Block colours and are filtered based on the user preferred bands on the Oscillator values. This is slightly different to the Visual Scorecard Colour coding as the range between the user preferred bands is colour coded in a neutral colour, whereas the Scorecard uses only Bull and Bear Colours as explained in the ๐ฉ๐ถ๐๐๐ฎ๐น ๐ฆ๐ฐ๐ผ๐ฟ๐ฒ๐ฐ๐ฎ๐ฟ๐ฑ heading above. For example, if the user prefers RSI upper band of 60 and lower band of 40, the range between the values of 40 and 60 will be colour coded in neutral colour which can be changed from the ๐จ๐๐ฒ๐ณ๐๐น ๐๐ ๐๐ฟ๐ฎ๐ section of the indicator settings.
Note 1: Default settings are based on the Oscillator mid values and hence the Tracker Blocks match with the Visual Scorecard colour codes. Using Upper and Lower bands for oscillators help spot the oversold and overbought zones and also helps spot breakout threshold based on Indicator values specified by the user. Example chart with visual depiction below using RSI.
Note 2: Bar Replay doesn't update the bar by bar scores/tracker data for historic bars for symbols other than the chart symbol. However, the Tracker blocks/labels are perfectly usable for the realtime bar as data updates for both the Trackers and the Scorecard in realtime.
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Frequently Asked Questions
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Q: When I load the โขTradeChartist Tracker, why are the values in the labels blurred sometimes?
A: This happens occasionally as shown in the chart below, when the script is loaded for the first time or when a different setting is used.
To resolve this, just hide and unhide the script using the ๐ next to the Indicator title. If it is not visible, just hover the mouse/crosshair over the Indicator Title and it will be visible.
Q: Why does the indicator plot, tracker blocks and labels of Symbols being tracked, not update when I use Bar Replay?
A: As explained in the relevant sections above, historic data for bars and indicators other than chart symbol doesn't update on bar replay. But the chart symbol data does update for every bar on bar replay. This doesn't affect the real-time values and block colours for the symbols tracked.
Q: Can I track real-time values of a currently trading symbol when I'm on a symbol chart that is inactive? For example, can I see labels with real-time BTC values on a Sunday when I'm on a SPX chart when its not in session?
A: Simple answer is no. This is because, the plots are based on bar times of the chart and the symbols are tracked based on the bar time. So if the SPX session ended on Friday, the last known value of the BTC labels will be from Friday and hence it is always recommended to track symbols from a symbol chart that is in session.
Q: Does โขTradeChartist Tracker repaint?
A: This indicator doesn't repaint but it is not recommended to trade a different symbol from the chart based on the real-time data alone without checking if the current symbol chart is in session as inactive price chart will not have updated data on symbols tracked. Also, bar replay doesn't work on data pulled from external symbol data than the chart symbol, but signals confirmed at candle close and confirmed by Tracker blocks with appropriate colour code will be in agreement with the respective indicator and can be double checked for building trust and confidence on the indicator.
Q: Can โขTradeChartist Tracker be connected to other indicators as external source?
A: Yes. โขTradeChartist Tracker can be connected to another script and there are several use cases in doing so. A couple of examples are shown below.
1. โขTradeChartist Tracker's Bollinger Bands %B ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ ๐ฃ๐น๐ผ๐ connected to โขTradeChartist Plotter to plot Divergences on the 4hr XAU-USD main price chart.
2. โขTradeChartist Tracker's ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ ๐๐๐๐ง๐ญ๐ข๐๐ข๐๐ซ connected to โขTradeChartist Plug and Trade as Oscillatory Signal with 0/0 to generate trade signals with Targets and performance information on trades.
More Example Charts
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Best Practice: Test with different settings first using Paper Trades before trading with real money
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This is not a free to use indicator. Get in touch with me (PM me directly if you would like trial access to test the indicator)
Premium Scripts - Trial access and Information
Trial access offered on all Premium scripts.
PM me directly to request trial access to the scripts or for more information.
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Release Notes:
Code Updated
Get in touch with me if you would like access to my Premium scripts for a trial before deciding on lifetime access.
Telegram - @Trade_Chartist
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Telegram - @Trade_Chartist
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