Whether its one of TradingLite’s Official Indicators, a script created and shared by a community member, or your very own, Indicators are often used by traders to filter out noise within the market, to aid in their decision making process.
Clicking the ‘Indicators’ button in the bottom left will produce the ‘Indicator Vault’, the home of indicators.
The ‘Indicator Vault’ allows ability to browse, activate, deactivate and favourite both TradingLite’s Official Indicators, in addition to the growing list of community published indicators.
When browsing community scripts, a search field and advanced filters are provided, to narrow the results displayed.
Here, you also have the ability to create and manage your own scripts using TradingLite’s advanced scripting language, LitScript.
NEW: Indicator Ratings
Upon clicking an indicator within the Indicator Vault, you are able to view its current rating by the community.
Relive the experience within ancient Rome’s Colosseum and pass your own judgment.
Add an Indicator
Let’s add TradingLite’s Official VPSV indicator.
- Select ‘Indicators’
- Ensure Official Indicators is Selected
- Scroll to VPSV
- Click Activate
- Close Window
Adding an ‘Unlisted’ Indicator
‘Unlisted’ indicators are those in which the community’s author has chosen, to remain private from the public, and to be used only by a select few, at their discretion.
You can add an ‘Unlisted’ by entering the LitScript ID, given to you by the script’s author.
To add an Unlisted script:
Open the Indicator Vault > ‘My Scripts’ > ‘Add New’ > ‘Add Using LitScript ID’
You will then enter the unique code given to you by the indicator’s author.
Activate as usual, and marvel at their work.
Litscript - Creating your own Indicator
Creating your own indicator to suit your trading methodology is achieved by writing your own code with TradingLite’s LitScript language.
We will not be addressing the various functions and variables available to use within LitScript here, however if you are looking to get started, browse to the Litscript Manual and Litscript Reference pages.
Simply navigate to ‘Indicators’ > ‘My Scripts’ > ‘+ Add New’ > ‘Create New LitScript’, to bring up the built-in source code editor.
The example code below will be used as a placeholder/example to get you started.
New: Auto Complete
Now, when you start typing an inbuilt LitScript function or variable, a small window will appear, allowing quick selection of the options presented.
Preceding the available options, either a solid or hollow icon is shown. A solid icon represents a function, whilst a hollow icon represents a variable. Simply select the suggestion that you require by either clicking or using the arrow keys + enter.
New: Inline Documentation
You can hover over any function or variable to get more information with examples.
New: Keyboard Shortcuts
Similar to modern IDE/Code Editors, a number of keyboard shortcuts are now available to speed up the development of your next indicator. Features such as Search, Replace, Multi-select are included.
|ctrl / cmd + /||Toggle line comment|
|ctrl / cmd + d||Quick select variables|
|ctrl / cmd + f||Show Find / Replace|
|ctrl / cmd + ] or [||Indent / outdent line|
|alt + ↑ or ↓||Move line up / down|
|alt + shift + ↑ or ↓||Copy line up / down|
Here, you have a number of configurations available for your Litscript Indicator. Also, you can view basic analytics.
Script - View / Edit the name and description of your Indicator.
Source - View / Edit the source-code of your Indicator.
Analytics - View the number of times your Indicator has been ‘Favourited’ by the TradingLite community, and by whom. (Note: Only available if your Indicator is publicly accessible.)
⚠️ Settings - View / Edit the Indicator permissions. Here you need to determine whether the indicator can be used by others within the TradingLite community, in addition to whether the source-code can be viewed by others.
By default, all indicators’ visibility will be Private, in addition to the source-code being Hidden. This ensures privacy from the start, with users unable to use your indicator, nor being able to view its source code.\
Within your list of created indicators, a visual indicator is shown to allow you to quickly identify its permissions.
Padlock - Script source is private and Indicator is unlisted
Blank - Script source is private and Indicator is listed publicly
Brackets - Script source is public and Indicator is listed publicly