a very interesting goal, need more information about this to make this project more reliable, let's see the progress of thread for the next few days, but anyway, hopefully run well
Our tool is free. We want to provide useful tool for trader. Please read bellow details.
Bollinger BandsWe detect Bollinger Bands signal. We calculate current candle position on chart and close price position.
Bollinger Bands WIDTHThat's distance between Upper and Lower line.
EMA - Exponential Moving Average For daily trading, we only provide EMA9 and EMA21. When CLOSE price bellow EMA line. Signal is SELL. CLOSE price above EMA line. Signal is BUY.
And we calculate distance between CLOSE price and EMA line. Value of distance is %.
MACD - Moving Average Convergence DivergenceWe detect MACD Histogram value and count recent Histogram bars. If it's value equal or creater 0. Signal is Buy. Histogram's value less than 0. Signal is Sell.
RSI - Relative Strength IndexWe display last RSI value and draw RSI graph for multiple pairs and interval on one page.
RSI >=75 is Sell. RSI <= 30 is Buy.
Cluster CandlesWe calculate 2 recent cluster candles. Every cluster we check them are UP or DOWN and then count candles.
You can visit at FAQ page to see some example images =>
https://www.kryptorate.io/faq.