Welcome to TradingLite!
Within this guide, you will learn how to use all of the main features within TradingLite.
Whilst we recommend users new to TradingLite, to start with this guide, if you’d prefer to a brief overview, please see our Quick Start guide.
We will split this guide into various sections, providing you with a solid foundation to get you started.
Some sections will also provide links to further reading, to ensure that each concept is covered to the fullest.
⚠️ We strongly recommend having this guide open in one tab, whilst having the TradingLite platform open in another, in order to follow along. If you have not done so already, you can sign up here.
Layers & Panes
Upon successful registration and login to TradingLite, you will be presented with the default chart layout.
By default, within your initial chart layout, you will find:
⧁ Each of these elements within your chart, is called a ‘Layer’.
⧁ All of these elements are within a single ‘Pane’ (Pane 0).
⧁ ‘Layers’ can be arranged within multiple ‘Panes’.
TradingLite uses ‘Panes’ to manage different areas of the chart’s layout.
By default, ‘Pane 0’ will be the primary ‘pane’, displaying your chosen price chart (Main), in addition to the Heatmap, and other price related / dependent indicators.
You can add, remove and rearrange panes to suit your preference, and also adjust the scales within each of your panes.
Customisation of your chart window is achieved via the ‘Chart Settings’ button, at the top of your screen.
Once here, you will have the ability to organise and configure both your ‘Layers’ and ‘Panes’, whilst also customising the look and feel of your charts via the ‘Theme’ button in the upper left.
- Right Margin - User definable spacing between current candle and price scale.
- Timezone - Select which Timezone is used.
- Show Current Price - Show / Hide the current price within the price scale.
- Show Current Price Line - Show / Hide the horizontal dashed line, marking the current price.
- Countdown to bar close - Show / Hide the countdown timer of the current candle within the price scale.
To begin to configure each of the layer/indicator’s settings, start by ‘Chart Settings’, then clicking on the layer/indicator you wish to customise.
All layers have the ability to toggle:
- Visibility - Show / Hide layer visibility within the chart.
- Label - Show / Hide the layer’s label visibility
Toggling the ‘label’ option, will also enable a shortcuts to show/hide the layer/indicator, quickly view the layer/indicator’s settings, and quickly remove the layer. Also, for your own (or open-source indicators), an additional script button will appear, allowing you to quickly make changes on the fly.
Choose from a range of 18 different themes to alter the visual appearance of TradingLite in addition to Heatmap.
Here, you are also able to fine-tune the color and transparency of each of respective elements of the chart shown, by using the color-picker.
The Heatmap is one of TradingLite’s core features. Details of all aspects of the Heatmap, to maximise its utility to your trading methodology, is available in both the Heatmap Basics and Heatmap Advanced guides.
Whilst a full Indicators guide is available, we will cover the basics here.
Clicking the ‘Indicators’ button will allow the ability to browse, add, and favourite both TradingLite’s official Indicators, in addition to the growing list of community published indicators within the ‘Indicator Vault’.
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. Dedicated Litscript Manual and Litscript Reference are provided to get you started.
NEW: Data Tables
The powerful new inclusion, Data Tables, allows you the ability to precisely check plot values. With the added option to dock this window, should your indicator provide values that are used for order management, the Data Table is a useful reference tool for your arsenal.
Note: Data Tables are only available to use for either your own or open-source LitScripts.
To activate the Data Table, navigate to ‘Source’ and in the upper left of the window, a ‘Data’ button will be available.
Exporting Data Table Values
You also have the ability to export all information provided within Data Table to a CSV file.
Once you have opened the Data Table, you will have the ability to select which of the indicator’s ‘Layers’ you wish to view/export. Simply select the desired plot, and then click ‘Export to CSV’.
As stated previously, for more information regarding Indicators see the Indicators guide.
At the top, from left to right, you will find options to select:
- Notifications / Workspace / Account Settings
- Time Frame
- Chart Type
- Chart Settings
- Heatmap Settings
- HD/SD Heatmap (Note: HD only available to Early Access + Subscribers)
Workspaces / Layouts
This feature enables you to keep a unique combination of chart types, drawings, indicators, heatmaps etc separate from one another, allowing you to perform a variety of different styles of technical analysis on TradingLite, quickly and efficiently.
> ⚠️ The number of unique workspaces that you can create, edit and manage will be dependent upon your TradingLite subscription.
Hovering will provide you with a list of of your favourited pairs.
Clicking, will allow you the ability to search and select a particular pair / exchange.
By pressing the ‘star’ icon, to the left of the pair, you will pin that particular pair to a ‘Favourites’ list, for quicker selection in future. Once added to your ‘Favourites’, you can re-order your selections by pressing the unlock / move button in the upper-right.
Time Frame Selector
Current timeframes that are supported include:
1m, 3m, 5m, 15m, 30m, 1h, 2h, 4h, 6h, 8h, 12h, Daily.
By pressing the ‘star’ icon, to the left of the timeframe, you will pin that particular time-frame for quicker selection in future.
Chart Type Selection
Main is the layer used to display price. In addition to traditional candles, TradingLite offers 7 additional alternative methods to display price, to suit your preference. Whilst Candles , Heiken Ashi , Line , Stepped Line, Area and Baseline are pictured below.
As with most elements that have a range of choices, you are able to ‘Favourite’ different chart types, allowing for quick selection in future.
> ⚠️ Footprint Cluster and Footprint Profile are also available, however they are shown and explained within the dedicated Footprint Basics and Footprint Advanced guides.
Despite being an easily forgotten feature, the Undo / Redo buttons help you quickly revert changes. This also includes changes to pair selection and inputs from indicators.
Should you wish to publish an image of the current view of your chart, clicking the screenshot button will provide you with a clean, toolbar free image to share.
Here you have the additional options to show / hide; Borders, Labels and Timestamp
Zoom out, Zoom in, Move Left, Move Right, Reset View
To the bottom, you will find (right to left):
- Connection Status/Server Selection
- Time/Timezone Selection
- Percent Scale
- Logarithmic Scale
- Auto Scale
Trade Feed / Order Book / Chat
To the upper-right, you will find toggles for:
NEW: Dock / Re-arrange windows
This major update includes the ability to dock, re-arrange and resize any of the interface windows, to suit your preferences.
Dockable windows include:
- Trade Feed
- Order Book
- Litscript Editor
- Chart Settings
- Indicator Vault
- Indicator Options
- Drawing Options
- Data Tables
Drag and drop each window using its title bar. Arrange as desired, or ‘Dock’ to either the left, right, or bottom edge of the browser window.
To the bottom right, you will find toggles for:
Please see our dedicated Drawings guide that demonstrates the flexibility and customisability of TradingLite’s Drawing Tools.