Hello,
I am an active crypto trader and recently I stumbled across TradingRoom. (
www.tradingroom.io)
Nah, never heard of this so called tradingroom website.
I would like to know if any one here has used this tool and how apt were the predictions based on the data it provided.
Since majority replied that they are not familiar with it, I guess no one can answer you that this point. So it's better if you would be the one to initially explore that site and report back to the community about the pros and cons of this apps.
Hello I have explored the site for a week now. I saw the charts of Price-action and found that it gives good first glance at the overall market. This website fetches the data from Binance and presents the data in a duration based chart (1Minute to 1 Day) and the colour coding would give you an idea how bullish trends/Bearish trends for a coin can be. Now, I do not need to look at the chart of every coinpair I am interested in and I can initially filter them based on the Bullish/Bearish divergence they are showing.
THIS IS NOT AN ALTERNATIVE TO TECHNICAL ANALYSIS.It acts as a preliminary to the initial filtering when I look at all coinpairs on Binance.
I would say the success ratio to be around 70%.
P.S. Give me merit if you like my answer, haha