Trading Assistant — What do traders really need in one compact panel?

[Svolz]

Thank you, snowpega. You've raised a genuinely important concern.

I agree that browser extensions can introduce security risks, especially in cryptocurrency trading. These risks affect not only users but also developers.

That's why we see security as part of Trading Assistant's architecture, rather than just an additional feature.

Our principle is simple: Trading Assistant should help traders analyze the market, not control their funds.

We want the tool to:

- Work without trading API keys or access to exchange account management.
- Rely primarily on public market data.
- Request only the minimum necessary permissions.
- Have no ability to open or close real trades automatically.
- Make its data access and network communications verifiable.

However, we also recognize that not requiring API keys does not automatically make an extension safe. Its code, browser permissions, network connections, and update mechanisms must also be examined.

We are not claiming that all these requirements have already been implemented or verified. They need to be confirmed through technical testing before a full release.

Our goal is not to ask traders to blindly trust another tool, but to give them a way to evaluate its security for themselves.

In your opinion, what security measures matter most for tools like this?

We're genuinely interested in your perspective because feedback like yours helps us define the development requirements for Trading Assistant.

[Svolz]

Thanks for the detailed reply, Gozie51!

It's interesting that you first determine the market direction on a higher timeframe and then look for confirmation on a lower one. That's exactly the kind of approach we're using in the development of Trading Assistant.

As for having everything on one screen, that's actually one of our core ideas. We want traders to avoid constantly switching between charts, indicators, and different sources of information. Trading Assistant brings together key market data, shows market direction and timeframe alignment, and highlights potential risks. The idea is that a quick glance should be enough to assess whether there is a reason to consider entering a trade or whether it's better to wait.

Sound notifications are a slightly different matter. Trading Assistant has them too, but they can easily be disabled. We believe they're particularly useful when the tool is running in the background. A sound alert can draw attention to an important market event even when the trader is busy doing something else. The key is that notifications should help, not distract.

One thing I'm curious about: when indicators on different timeframes conflict, do you usually wait for them to align, or do you sometimes enter a trade earlier?

Thanks for sharing your experience!

[snowpega]

Thank you, snowpega. You've raised a genuinely important concern.
...
We want the tool to:
....
- Request only the minimum necessary permissions.
....

May I ask, if you disclose a little bit more about it, what kind of permissions you guys want from your users while using your extension? The majority of users on this forum always use transparent platforms and recommend transparency to avoid any trouble and risk. Our main goal is privacy and security at the same time.

Our goal is not to ask traders to blindly trust another tool, but to give them a way to evaluate its security for themselves.
....

Are you guys making an open-source extension, or is the code accessible only to the team? Security measure: extensions should not access any kind of user data, like logs, IPs, or any other relevant data that could cause trouble. Before bringing your extension to this forum, just keep in mind to maintain all possible security and privacy checks before releasing your extension here.

[Svolz]

First of all, I am the kind of person who trade very less and honestly, I have never used any kind of extension for trading purposes in the past due to many reasons. Also, I have never used any tool for trading purposes. And, in case I am going to take any trade, I use only two filters, which are RSI and EMA. And if you guys think there are other filters that are more helpful compared to these two, then you can suggest them for me to use in future, only if I do trade. I will try them for testing or research purposes.

By the way, do you guys think using any extension is totally safe while trading?
Those who really understand why I am asking this. Because we know the nuance of this matter: using extensions while surviving in the crypto space can sometimes be risky. This implies more when you are using such an extension where there is no transparency in the extension code for testing before using it. What do you guys think? CMIIW!

Thank you, snowpega. You've raised a genuinely important concern.

I agree that browser extensions can introduce security risks, especially in cryptocurrency trading. These risks affect not only users but also developers.

That's why we see security as part of Trading Assistant's architecture, rather than just an additional feature.

Our principle is simple: Trading Assistant should help traders analyze the market, not control their funds.

We want the tool to:

- Work without trading API keys or access to exchange account management.
- Rely primarily on public market data.
- Request only the minimum necessary permissions.
- Have no ability to open or close real trades automatically.
- Make its data access and network communications verifiable.

However, we also recognize that not requiring API keys does not automatically make an extension safe. Its code, browser permissions, network connections, and update mechanisms must also be examined.

We are not claiming that all these requirements have already been implemented or verified. They need to be confirmed through technical testing before a full release.

Our goal is not to ask traders to blindly trust another tool, but to give them a way to evaluate its security for themselves.

In your opinion, what security measures matter most for tools like this?

We're genuinely interested in your perspective because feedback like yours helps us define the development requirements for Trading Assistant.

[Svolz]

So I'd like to ask traders here:

1. What are the three most important indicators or market data points you check before entering a trade?

Daily chart, to see the suppose direction of the market through candle sticks. Over bought and over sold signal using RSI. Checking the dominance level and volume incase there is decrease or increase. This helps to identify if big buyers and whales are still in the market or if the current trend is already exhausted.

2. Do you prefer having everything in one window, or using separate tools?

If possible because it makes things easier to use one window. The trading terminal is suppose to be one compacted view for easy access even if you are changing through the time frame.

3. What information do you consider unnecessary or distracting?

Trading notification report or history. I see them as unnecessary. Also order sound or notification ring tone, although they can be disabled too.

My goal isn't to create another complicated trading terminal. I want to understand what actually helps traders make more informed decisions.

Candle sticks on a longer time frame can guide a trader to the expected direction of the market but that doesn't mean a trader who sees a hammer would immediately start buying likewise seeing a shooting star on the opposite to start selling. You still have to wait for lower time frame confirmation. However, candle sticks help a trader to find direction.

Thanks for the detailed reply, Gozie51!

It's interesting that you first determine the market direction on a higher timeframe and then look for confirmation on a lower one. That's exactly the kind of approach we're using in the development of Trading Assistant.

As for having everything on one screen, that's actually one of our core ideas. We want traders to avoid constantly switching between charts, indicators, and different sources of information. Trading Assistant brings together key market data, shows market direction and timeframe alignment, and highlights potential risks. The idea is that a quick glance should be enough to assess whether there is a reason to consider entering a trade or whether it's better to wait.

Sound notifications are a slightly different matter. Trading Assistant has them too, but they can easily be disabled. We believe they're particularly useful when the tool is running in the background. A sound alert can draw attention to an important market event even when the trader is busy doing something else. The key is that notifications should help, not distract.

One thing I'm curious about: when indicators on different timeframes conflict, do you usually wait for them to align, or do you sometimes enter a trade earlier?

Thanks for sharing your experience!

[Svolz]

During our discussion, several participants raised an important concern about browser extension security.

This made us think: perhaps Trading Assistant should be available not only as a browser extension, but also as a standalone application running alongside the exchange.

So I'd like to hear your opinion.

Which option would you prefer?

A) A Chrome/Edge browser extension.

B) A standalone desktop application.

C) A web application that runs in a regular browser without installing an extension.

D) It doesn't matter, as long as the tool is secure and convenient to use.

Regardless of the format, our main idea remains the same: a compact market analysis panel using public market data, without requiring trading API keys or control over users' funds.

I'd be interested to hear not only your choice, but also why you prefer that option.

[suzanne5223]

Hi everyone!

I've been working on a project called Trading Assistant, and I'd like to discuss something with other traders.

When trading crypto, I often find myself switching between charts, open interest, funding rates, liquidation data, and different timeframes.

All this information can be useful, but sometimes it becomes difficult to see the bigger picture.

That's what led me to start developing Trading Assistant — a compact browser extension that brings important market information together alongside the exchange interface.

The tool already works, and development is ongoing. But I've noticed something interesting: adding new features is often easier than deciding which ones are actually useful.

So I'd like to ask traders here:

1. What are the three most important indicators or market data points you check before entering a trade?
2. Do you prefer having everything in one window, or using separate tools?
3. What information do you consider unnecessary or distracting?

I'm especially interested in the opinions of people trading on Kraken, Binance, and Bybit.

My goal isn't to create another complicated trading terminal. I want to understand what actually helps traders make more informed decisions.

I'm not promoting trading signals or promising profits. I'm interested in a practical discussion.

I'd appreciate your thoughts, including criticism.

Tyam

I like the concept of what you presented if it could genuinely solve the problem of switching tabs, especially on higher timeframes or when trading multiple pairs.
I think I missed some important setup on some timeframes, which caused my trade to experience some drawdown before the main trend happened, so it would be nice if there were a trading assistant that would prevent me from making such human errors.

Three most important things I check before entering a trade
The market structure in higher timeframes (weekly, daily,4H,3H,2H, and 1H)
Liquidity levels

Price action and liquidity usually matter more to me than classic indicators like RSI or MACD.

I strongly prefer having the most critical data in one compact panel next to the chart because switching between TradingView and the exchange itself kills flow.

[Gozie51]

One thing I'm curious about: when indicators on different timeframes conflict, do you usually wait for them to align, or do you sometimes enter a trade earlier?

Thanks for sharing your experience!

You don't throw your money away intentionally but the problem is lack of patience. Usually, it is better to wait for realignment of the indicators before you enter., That I think is the basis. However, because of FOMO, you enter earlier but that could be wrong and the market can as well punish such trader by continuing dragging the trade and eventually exhaust it to hit margin call. In other words, if you don't wait out the indicators to realign again for proper direction, you may just be sharing your fun to global market.

[Svolz]

@snowpega thank you for your feedback!

I also use EMA and RSI, and I additionally pay attention to trading volume. These are useful indicators, but sometimes I would like to see more information to better understand what is happening in the market.

That is one of the reasons we are developing Trading Assistant.

For example, the idea is to provide:

- Market direction across multiple timeframes.
- Liquidity zones where orders may be concentrated.
- Recent liquidations and their possible implications for the next price movement.
- Differences in how the same cryptocurrency behaves across exchanges.

Here is a simple example: suppose BTC starts dropping noticeably on Binance, while the price on other exchanges remains relatively stable. This does not necessarily mean the other exchanges will follow, but it could be an early reason to pay closer attention and check volume, liquidations, and other market data.

Another example: a wave of large LONG liquidations has just occurred. In that situation, it would be useful to understand whether selling pressure is continuing or the market is starting to stabilize. Liquidations alone do not guarantee either a reversal or a continuation.

Our goal is to bring this information together in one compact panel, helping traders make their own better-informed decisions.

Regarding extension security, I completely understand your concerns.

Trading Assistant is being developed as an informational tool, not an automated trading bot. Its purpose is to display market information, not to control users' funds or execute trades automatically.

We are still working on security and reviewing data access requirements. I believe users should clearly understand what permissions the software needs and why before deciding to use it.

Your feedback is very valuable for our development. Thank you!

[#CapsLOck]

Wearable panel that would provide the market context while not overloading the traders with. More indicators would be most helpful. For instance funding rates and liquidation information could be used in conjunction with price action. And higher timeframes could be used to find significant support and resistance. I would also be focusing on position sizing and stop loss calculations because a proper market analysis will not suffice without the proper risk management. An important feature would be to provide people the option to choose which information would appear. Instead of showing all the information by default. The more information that is available to aid in better decision making, the better. As long as it doesn't add noise.

[Nwankwoala]

 I think a compact panel should focus on planning and patience, not many indicators.
 For me, what traders really need is:
1. Clear trend and key levels - Support/Resistance so you know where you are.

[savetheFORUM]

As long as technical analysis could be automated, and for as many pairs as possible, then I do not think anything further than that is needed, but that already exists in other platforms. So I would guess that UI, marketing and ads play a big role in this as well. Because if you could provide what chart reading should be, what indicators look like, and what technical analysis says, you are basically covering what everyone would "need"; do that with bunch of pairs, from btc-usdt to bnb-pepe or whatever the hell people trade these days, like have dozens of pairs and all automated TA, then I am pretty sure that you do not need to build more features; that's enough.

Rest is just taking out ads in places, doing marketing and networking and even going to conferences and sponsoring some smaller ones, etc., so you grow your name and brand awareness so people will hear about you. I know this is a lot of money, but this is the crypto world; billionaires are building stuff here, so of course marketing isn't cheap.

[Alphakilo]

A trading assistant should  focus more on different timeframe design, liquidity, and different price action of the coins currently in the market while keeping the most important data well structured on one sheet that's easily seen with the eyes to prevent a disorder or complicated   view with the most  significant details bold enough and arranged in order.