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Title: Tools for Trading BTC Post by: DrKennethNoisewater on July 10, 2011, 07:13:31 PM Hello All:
As BTC continues to gain traction and evolves into more of a liquid and tradeable instrument, it would be nice to have some tools, or real-time alerts that will assist us in figuring out when to buy/sell/short/exit/enter. (intraday as well as longer term) So, if a product like this were available, what are some of the alerts or indicators that the trading community would be interested in? DKN Title: Re: Tools for Trading BTC Post by: netrin on July 11, 2011, 02:13:30 AM I was trying to explain what day trading was to a 10 year old girl. When I suggested she could do it, she said it looked boring. That got me thinking. It could be made 'game like'.
Title: Re: Tools for Trading BTC Post by: imperi on July 11, 2011, 02:39:51 AM I was trying to explain what day trading was to a 10 year old girl. When I suggested she could do it, she said it looked boring. That got me thinking. It could be made 'game like'. Bitcoin and Minecraft need to converge somehow. Title: Re: Tools for Trading BTC Post by: DrKennethNoisewater on July 11, 2011, 02:54:34 AM That would be cool ;>
I'm a gamer as well, but haven't been gaming since I started mining. But it would be cool to host Quake Live deathmatches or some other FPS and pay bitcoins to the winner.......... As far as indicators/alerts for bitcoin trading, I was thinking volume spikes on the 1 min time frame and some other basic stuff like Standard Deviation, avg volatility,along with some other over bought/oversold stuff.......I guess when there's only 1 "stock" to watch you dont need a whole lot....guess we'll see. DKN Title: Re: Tools for Trading BTC Post by: silverchair on July 11, 2011, 02:56:29 AM Hello All: As BTC continues to gain traction and evolves into more of a liquid and tradeable instrument, it would be nice to have some tools, or real-time alerts that will assist us in figuring out when to buy/sell/short/exit/enter. (intraday as well as longer term) So, if a product like this were available, what are some of the alerts or indicators that the trading community would be interested in? DKN Great idea ;) Title: Re: Tools for Trading BTC Post by: netrin on July 11, 2011, 05:08:51 AM As far as indicators/alerts for bitcoin trading, I was thinking volume spikes on the 1 min time frame and some other basic stuff like Standard Deviation, avg volatility,along with some other over bought/oversold stuff.... I'm thinking an interface like mtgoxlive in which I can just click buy and sell orders along the price axis on either side of the bid/ask divide. I want a 'clear all' button. I want to set how many units per click. I want to see my buys and sells explode as they are matched on the market. I want to see my average past sell price and my average past buy prices. I want to see my rate of gains in both currencies over time (on the same chart). A single click could execute a function of a series of buys and sells in 1% doubling increments or set a bouncing window/path. |