Hello Steemers!
Today, I'll say to you something about very helpful tool for traders.
It is a free Czech web application (so far), which aims to visualize the situation and events in the market in a way that is better understood by the human mind. And at the same time reveal the actions of the big players who have the greatest influence on the trend.
For me, Tensor Charts has the following advantages:
On the background of the chart you can see a blue heat map, or how large the order volume is at the levels in the order book.
It is possible to see how large volumes have historically been realized at what levels. Which level will the price go through and where it will be stiff.
Candles are made up of volumes of purchases and sales at the given levels. It is better to see what the candle is actually composed of. Intensive color points then indicate the realization of hidden orders that can not be seen in the order book. Thus, hidden support and resistance can also be seen.
It is possible to see online where current real support and resistance are present, not only predicted by technical analysis.
It is possible to filter out only large stores and see which orders are being carried out by big players.
For example, there may be a situation where the blue heat map of purchase orders defines strong support. Then suddenly he disappears. Nothing is happening for some time. And then the price falls because that support has disappeared. So one can react flexibly to the situation and not rely solely on assumptions.
The ultimate goal is to aggregate data from all stock exchanges into one chart to give an overview of the entire market of the coin at one go. So far, one has to choose one. For example, the leader in volumes.
Conclusion:
Certainly this site is very useful for traders. Look at her, compare it to the tradeview that you'll feel more like.
Great page, I use it quite often. Helps a lot!
For me, this website is better than tradingview!
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Yes I know them but I don't really use it. But great post. I think doesn't matter which one is better. If you make good trades whit Tensor or Tradingview that more important to make some dollars :)
Yep that's right! Important is make some dollar and doesn't matter which trading website you use. It depends on which page is better controlled and readable. But for me is really good this blue heat map.
Vy čo si tu po anglicky hrkútate? :D
Tá treba sa zdokonaľovať aj v cudzom jazyku :D