Toobit Enhances Futures Analysis with SmartK Indicators
Key Summary
Toobit has added five proprietary indicators to its SmartK futures charting mode, providing traders with a structured approach to analysis and trade planning. The new indicators cover market direction, price structure, volume, momentum, and risk planning, allowing traders to create a combination based on their specific needs.
Introduction to SmartK Indicators
Toobit has added to its SmartK futures charting mode, bringing five proprietary indicators covering market direction, price structure, volume, momentum, and risk planning.
Features of the New Indicators
The five tools perform different roles as part of your analysis workflow.
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M-01 Market signal and trade plan engine
M-01 combines market direction, volatility, estimated buying and selling pressure, and structure into a reference trade plan with entry, stop loss, and multiple take profit levels.
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M-02 Entry score and structure plan
M-02 combines trend, structure, price location, momentum, volatility, and volume into an entry score. It also tracks break of structure (BOS), change of character (CHoCH), key pivots, and reference entry, SL, and TP levels.
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M-03 Multi-timeframe positioning intelligence
M-03 analyzes six consecutive timeframes using AI learning, energy, chip, MACD, OBV, and KDJ to show whether different periods are aligned or conflicting.
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S-01 Volume-price resonance distribution
S-01 uses historical open, high, low, close, and volume (OHLCV) data to estimate bullish and bearish volume-price pressure and whether that pressure is strengthening or weakening.
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S-02 Wavetrend momentum divergence
S-02 helps show whether momentum supports the current direction, is weakening, or is beginning to diverge from price.
Benefits of SmartK Indicators
The expansion to SmartK arrives at the right time, as technical analysis platforms continue to attract large audiences.
TradingView now serves more than 100 million traders, with over 400 pre-built indicators and more than 100,000 community-powered indicators available.
Limitations of SmartK Indicators
Arguably, however, the number of available signals can make it harder to build a consistent process, so SmartK’s approach is more contained.
Conclusion
Toobit’s five indicators divide the work into direction, structure, volume, momentum, and reference risk levels, with the 1+1 format controlling how much information appears at once.