Bitcoin Forum

Economy => Economics => Topic started by: itake on July 13, 2012, 11:45:12 PM



Title: Bitcoin Trade Indicators
Post by: itake on July 13, 2012, 11:45:12 PM
I am in the process of developing a free public bitcoin trade indicators website.  This site is similar to bitcoincharts.com, but with a strong focus on market prediction.  I will be launching the beta in the next 3-4 weeks.

I currently have incorporated these indicators:

  • AccumDist
  • AveragePrice
  • CumDown/CumUp
  • MFI
  • MoneyFlow
  • ROC
  • RSI
  • RSquared
  • StochRSI
  • WilliamsR

For the curious, this is a preliminary design
https://i.imgur.com/YEcfT.png (https://i.imgur.com/YEcfT.png)

Questions:
1) Would you use this website?  If not, what do you use instead to perform market predictions?
2) Are there any other indicators you would be interested in seeing calculated?


Title: Re: Bitcoin Trade Indicators
Post by: mccorvic on July 14, 2012, 01:03:49 AM
If the presentation is clean and information accurate, I'll use it.  Though, mind you, I don't do any trading. I am just endless fascinated by charts and graphs.


Title: Re: Bitcoin Trade Indicators
Post by: humanitee on July 14, 2012, 04:16:49 AM
1) No, I'd still probably use bitcoincharts. The service you would provide, while interesting, I prefer doing myself.


Title: Re: Bitcoin Trade Indicators
Post by: adamstgBit on July 14, 2012, 04:20:07 AM
this would be sweet if done right


Title: Re: Bitcoin Trade Indicators
Post by: notme on July 14, 2012, 04:52:44 AM
I'd need ADI and MACD for you to replace bitcoincharts for me.


Title: Re: Bitcoin Trade Indicators
Post by: Vandroiy on July 14, 2012, 01:59:26 PM
Questions:
1) Would you use this website?  If not, what do you use instead to perform market predictions?
2) Are there any other indicators you would be interested in seeing calculated?

Not as it is now.

I try to use whatever indicator sources I can find, with special interest in media and online discussion attention. Also, trade activity and usage using Bitcoin.

An example would be Google trends. If someone were to make statistics of Bitcoin trading activity from the merchants, not just the block chain, that might be interesting. E.g. somehow get rough sales volumes for Spendbitcoins, Casascius, ...? I don't know whether you can get people to pay for it, but it might get more attention than chart post-processing alone.


Title: Re: Bitcoin Trade Indicators
Post by: itake on July 16, 2012, 04:38:30 PM
Thanks everyone for your input. 

That would be really interesting to find the traffic of spendbitcoins, but I bet if I could get my hands on that data, I couldn't get it fast enough to detect market swings. 

The problem I have with Google Trends is that the resolution isn't high enough.  You can only see interest by month.  This makes it more difficult to detect interest before the price starts raising.

I am trying to design the site as simple as possible so everyone understand what all of the indicators mean and how to properly read them.

-itake