Tutorial 32

The 'Performance' indicator

This tutorial will cover how to use the 'Performance' indicator.

 

 

 

Add the 'Performance' indicator to your chart.

This indicator calculates the Performance.

•The higher and brighter the blue goes = Greater is the upward performance (bullish).
•The lower and brighter the red goes = Greater is the downward performance (bearish).

The 'Steepness' indicator is included inside the 'Performance' indicator.
At the zero line, a line shows how steep the movement is.
•Thicker is the line = Steeper is the angle.
•White appears where the market is flat.

•The 'Steepness Background' is more advanced in the 'Performance' indicator. The color is composed of more tones making it more precise.

Notes appear on the right.
•The Trading Assistant: Long, Short, Close, Pause, Waiting, Since when, Profit/Loss, Percentage, ...
•The Trading Analysis: Strong, Uptrend, Downtrend, Stretch, Retesting High/Low, PullBack, Retracement, Flat, Steepness & Background color, ...
•The Bar Performance.
•The Trend Performance.

2 modes are available.

'Performance': (This is the default mode.)

•Above Zero when the Curve of the Template is Blue.
•Below Zero when the Curve of the Template is Red.

•Blue line when the Steepness background is Blue.
•Red line when the Steepness background is Red.

'Performance +LineBreak': (This mode is more sensitive.)

This mode filters out slower Performance. The color of the line changes and the Trading Assistant signals to pause the trade.

Update - New Feature: The filter 'Wait after flat to open'

Optionally, if the box 'Trading filter - Wait after flat to open' is checked, the Trading Assistant will signal to wait while the market is flat. If a trade is already open, it won't signal the close. And if no trade is running, it will wait to signal the opening a new trade only after the end of the flat.

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Alerts can be set to receive the signals provided by the Trading Assistant.

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Combine the 'Performance' indicator with your favorite indicators of the Suite.

'Performance' + 'Area Style':

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Welcome!
Introduction

Tutorial 1:
TradingView username

Tutorial 2:
TradingView overview.

Tutorial 3:
Chart Set-up and Layout tutorial.

Tutorial 4:
Adding the trading template and indicators tutorial.

Tutorial 5:
Setting up your chart as seen in the video tutorial.

Tutorial 6:
Template tutorial.

Tutorial 7:
Template strategies tutorial.

Tutorial 8:
Paint Bar tutorial.

Tutorial 9:
Waves tutorial.

Tutorial 10:
Cloud tutorial.

Tutorial 11:
Background Color tutorial.

Tutorial 12:
Stop Loss tutorial.

Tutorial 13:
Steepness Background tutorial.

Tutorial 14:
Steepness tutorial.

Tutorial 15:
Phase tutorial.

Tutorial 16:
Intensity tutorial.

Tutorial 17:
Template Alerts tutorial.

Tutorial 18:
Several indicators acting together tutorial.

Tutorial 19:
Tops and Bottoms indicator tutorial.

Tutorial 20:
Angle indicator tutorial.

Tutorial 21:
Bear & Bull Powers indicator tutorial.

Tutorial 22:
Histogram indicator tutorial.

Tutorial 23:
Strength indicator tutorial.

Tutorial 24:
Volatility indicator tutorial.

Tutorial 25:
Trends tutorial.

Tutorial 26:
Technicals indicator tutorial.

Tutorial 27:
Energy indicator tutorial.

Tutorial 28:
Chain indicator tutorial.

Tutorial 29:
Trading tutorial.

Tutorial 30:
Probability tutorial.

Tutorial 31:
Odds tutorial.

Tutorial 33:
Volume tutorial.

Tutorial 34:
Multi Time Frame tutorial.

Tutorial 35:
Multi Renko tutorial.

Tutorial 36:
Compare Forex tutorial.

Tutorial 37:
Forex Board tutorial.

Tutorial 38:
Forex Strategy tutorial.

Tutorial 39:
Currencies tutorial.

Tutorial 40:
Compare Crypto tutorial.

Tutorial 41:
Crypto Board tutorial.

Tutorial 42:
Crypto Strategy tutorial.

Tutorial 43:
Compare Stocks tutorial.

Tutorial 44:
Stocks Board tutorial.

Tutorial 45:
Trend lines drawing tutorial.

Tutorial 46:
Renko chart tutorial.

Tools - Watchlist:
Our Watchlist.