[ANN] ChartEx - Your Charting Tool

[mu_enrico]

It would be here: https://chartex.pro/?symbol=UNISWAP%3AWBTC.C2C599%2FWETH as I said before, WBTC.C2C599, you can find the right pair by identifying the last few characters of the contract address.

Thanks mate, but I was aware of it, and the graph is a little bit different.


If you open the full res, you will find a tiny fraction difference between the three:
Uniswap.org: 35.199
Uniswap.vision: 35.19849
Chartex: 35.1799

From a real-time side-by-side comparison, it seems that Chartex's data is a bit different than the others. At least 0.01 difference, sometimes more, but not too much. Any reason behind that phenomenon?

[Zandyoby]

I have gone through and still do not understand some information on the tokenomics of ChartEx. I have need some clarification. Which infrastructure do you plan to invest on with $Chart token and is ChartEx a payment token?

This has been a great concern to me as well. Since ChartEx is not an exchange, what's the actual need for the tokens? I know a lot of project come up with token creations just for the trading aspect of it. Most of these tokens do not actually have a use outside of that, like using the token for purchases and all. What were the main drivers behind the tokenization of the ChartEx platform?

[Ngoukan]

I can say the interface for the ChartEx platform is really cool. The features from the little experience goes beyond that of Dextool. When are you going to publish the result of investigation for the erroneous trade data that was caused by fluctuation on the ETH/USD rate on Uniswap?

Some traders I know using ChartEx are concerned about this and I thought it's best the information gets to the community as soon as possible.

[Wrichmond]

is there any other way your team are running promotion on ChartEx project. i would love to run a campaign for the project as i have seen many features
 surrounding the project.

From about information give, no withdrawal fees. what are the total expenses in $ to execute any transaction in the chartEx platform.

I would love to also participate in any campaign run by the ChartEx platform if there's any. By the way, why do ChartEx prefer trustless users instead of using KYC verification on their users? I believe this will put some sort of sanction and security check on people using the services of the platform and also checkmate hacks.

[Zandyoby]

I have gone through and still do not understand some information on the tokenomics of ChartEx. I have need some clarification. Which infrastructure do you plan to invest on with $Chart token and is ChartEx a payment token?

This has been a great concern to me as well. Since ChartEx is not an exchange, what's the actual need for the tokens? I know a lot of project come up with token creations just for the trading aspect of it. Most of these tokens do not actually have a use outside of that, like using the token for purchases and all. What were the main drivers behind the tokenization of the ChartEx platform?

ChartEx do not have accurate pricing data, why is that and what have you put in place to improve it? Please I need to be sure before I start making use of the platform. Its kinda confusing to me.

[Eloboy]

I understand that wick is caused by real trade but the point is that they are just noise caused by bots at the beginning of a listing. The goal of a trader is to focus on what is important, how can this wick be eliminated because it causes the chart to be out of zoom each time the chart is loaded.

[masulum]

If you open the full res, you will find a tiny fraction difference between the three:
Uniswap.org: 35.199
Uniswap.vision: 35.19849
Chartex: 35.1799

I think the different data that shown is normal, AFAIK, the gap because API used by uniswap vision and chartex have different speed to grab data. something normal. but if uniswap vision and chartex have more higher than uniswap.org, something strange happens or it can be manipulated data. CMIIW.

[Goldada]

After watching YT video which explains impermanent loss that happens when farming. What advantage does farming has over staking because while farming there are chances that you end up with more of one than the other compared to what you started with. So is it better I hold my $chart in my wallet than staking it like Defi tokens.

[Ngoukan]

Haven't understand that one of the three types of wicks on Uniswap markets is caused on listing, could you please throw more light other two types of wicks which are caused as a result of direct interaction or trades that are placed out of bands thereby causing low volume, how can these trades be filtered out and what is the implication of filtering out the trades. However, is there any feature that can be able to automatically limit  trades from going out of bands?

[Smartkeok]

Sometimes price action on some charts are flatlined and toggling of few candles data On or Off may not be possible due to monster candles in most of ERC20s at the beginning of dataset. How can the behavior of the trading view library be controlled and also why is it not possible to adjust the scaling properties without locking the price range.

[mu_enrico]

I think the different data that shown is normal, AFAIK, the gap because API used by uniswap vision and chartex have different speed to grab data. something normal. but if uniswap vision and chartex have more higher than uniswap.org, something strange happens or it can be manipulated data. CMIIW.

I don't know which one is more accurate though. If chartex has faster and more accurate data, then it's their strong point (reason to use). But how to prove that?

Anyway, the use of token, I believe, to get a higher tier account. It can be interesting though, if professional/expert could get trading advice/prediction from expert/AI.

[masulum]

I don't know which one is more accurate though. If chartex has faster and more accurate data, then it's their strong point (reason to use). But how to prove that?

Regarding accuracy, it's actually the same as in any tools. because the retrieved data is from Uniswap.org API. However, here the problem is the speed of the system in retrieving data from the parent. Therefore, every 3rd party such as ChartEX and other services will display different price or volume data. So, to find out the volume and price accuracy, of course the user can only get it from the parent, not from the 3rd party. But, the different data mostly it will not too far. (CMIIW)

[sapta]

ChartEX founder wrote a nice piece here about flash loans on DeFi:

Clever arbitrageurs, for example, borrow money and pay it back immediately, taking advantage of incredibly short term price fluctuations in the process. These arbitrageurs take out loans on underpriced markets, and then profit quickly by selling high on another market, repaying the loan, and pocketing the profit.  This can be done within a single on-chain transaction through decentralised exchanges. Arbitrageurs might code the steps into a single smart contract.

https://www.valuewalk.com/2020/12/flash-loans-defi/

[kawetsriyanto]

^Interesting words by ChartEX founder.  
Flash loan is a safer way to borrow money. If you often do arbitrage, it is a smart way to have additional money.
It isn't like a common loan, you even have a very low risk to have loan money in this way.

[masulum]

Chartex holds a liquidity pool programs, but unfortunately the participants still relatively small, even though the minimum amount to participate in this program is very low, it only takes USD1 in ETH. From the published tweets, there are only 23 registered addresses. From the posts I read, the program has been running since 15 December and has been open for a month, is this program still accepting registration or is it only 23 addresses that are selected that can register?

[mu_enrico]

is this program still accepting registration or is it only 23 addresses that are selected that can register?

The Twitter post was just like 16 hours ago, so I believe the:

We will extend the incentive for at least a further month which will also allow late joiners to take part.

Is still in play.

But you must get approved first by filling this form.

[masulum]

Is still in play.

But you must get approved first by filling this form.

Yeah, with current community, this community must bigger, will see for this month, maybe any update about this campaign again.

Token $CHART increasing, the pro feature will also more expensive in the future, because we need a minimum holding to access the pro.

[masulum]

Team just announce about additional feature for $CHART token holder when accessing the site with some TimeFrame for charting. This is good enough to maintain user holding tokens. With current price of $CHART is good enough to trying to hold and get some of that additional feature. Unfortunatelly, current market only in uniswap, maybe this is the right time to expand the market.

[mu_enrico]

Team just announce about additional feature for $CHART token holder when accessing the site with some TimeFrame for charting.

Yeah, they added various timeframes: 3 min, 45 min, 2 hours, 6 hours, etc., for token holders.
https://twitter.com/ChartExPro/status/1353696927427264532

Yeah, more feature is needed to attract users.

Speaking of the price, it's now in the $0.01 range. There some bump because of token burn, but not enough to sustain the price. Devs need to come up with interesting ideas. For example, daily market update with some prediction. When you hold like 3000 CHART, you will get the "newsletter." Sounds cool IMO.