screening coins

[direktor1977]

So I have new topic. At the beginning you have to screen which coins to trade. And here comes the problem. Can use coingecko, coinmarketcap and similar websites that show % of movement up and down then you go to the chart and see nothing happening, 80% of the time are just some shitty consolidations so you have to wait an hour or so for trend to develop. Time wasting. Is there a way to screen coins efficiently and fast? Not by using signals - a signal means you get a message or SMS then quickly jump online to see the chart movement in panic.... and make panic decisions.... If I use Tradeview Screener I can just set 2 parameters/filters - Exchange and Directional index and result will be blank, since there are no coins at that moment on certain exchange with strong trend - but only time wasting consolidations. Any method/website to make this process fast?

[noorman0]

Free version: https://cryptobubbles.net
- chart is updated every 1 minute
- You can add multiple watch list according to your custom
- it also remembers the settings from your last visit.

Free and paid versions: https://quantifycrypto.com/coin-screener
- charts are updated realtime
- Free version only allows adding coins to favorite list
- You must subscribe to unlock some price metrics, analytics and signals features (I'm not a paid user, can't say more).

[Lakai01]

Can use coingecko, coinmarketcap and similar websites that show % of movement up and down then you go to the chart and see nothing happening, 80% of the time are just some shitty consolidations so you have to wait an hour or so for trend to develop.
-snip-

The sites you mentioned can absolutely not be relied on regardind the data you talked about and I would never make my trades on data from Coingecko or Coinmarketcap.

Why?
The data on such sites are usually calculated, so they are not correct for the individual exchanges where you want to execute the trade. In addition, the data is not updated within seconds, but sometimes actually lags behind for several hours. Thus, these data are completely useless as indicators.


I usually use directly the data of the exchange on which I want to trade. It is also very easy to use bots to give personal signals such as ("Volume on BTC is increasing by leaps and bounds") and then react immediately, the exchanges also offer interfaces to be able to access this data yourself. The data is usually also very reliable and quite suitable as a trading signal.

[slaman29]

Just remember that whatever you choose to screen us all manipulated and inflated. Without full info, you can never tell which is making a real movement.

"on-chain" info doesn't make it better either as it's arguably even easier to do anon movements.

DEX is even worse, even supposedly "objective" oracles can;t tell which liquidity action is due to wash trading.

[direktor1977]

CryptoBubbles I know. Not any better than the others just more graphical. The more indicators I use the worse it is - they go against each other, one telling me to sell another to buy especially on different time frames. Haven't figured out the strategy yet.

[palle11]

Is there any magic that will be done if you screen a coin? You might make an order after that and it is not a guarantee for a winning trade. Instead of looking for most of AI kind of trade, it is better to develop your strategy and trade what you see. If market is volatile it should reflect in btc pair, checking CMC or coingecko are quite sufficient to follow the natural tides of the market rather than creating more indicators that will end up confusing you and you eventually lose your money. Stay with what you understand while trading.

[rat03gopoh]

The more indicators I use the worse it is - they go against each other, one telling me to sell another to buy especially on different time frames. Haven't figured out the strategy yet.

Indicators don't ask you to execute, you make the decision.
Professional traders don't use all the indicators, they initially only try them all with small values and then evaluate and determine which one to three indicators produce the best profits according to their trading style, then they'll use them onwards.

[TheUltraElite]

This process is not supposed to be a fast-rich thing. It is a slow paced time consuming and long term thing.

Indicators are only 50% correct, dont base your trades on them, but add in fundamentals and trends. You cannot say that a certain indicators is a 100% accurate reading of profit or loss, because such things dont exist.

Also be careful not to pay any attention to signals groups. They exist to scam their members not profit them, the only profit makers there are the owners.

My suggestion to any new trader about screening coins is to observe them for at least 2years before investing. This might seem long but only legit projects will survive that long and your money will be saved, this I am saying from my 6years of experience in this sector. Otherwise, it is always the safer bet to buy bitcoin at the lower price.

[Danydee72]

My suggestion to any new trader about screening coins is to observe them for at least 2years before investing.

Right advice ... but ... we all are humans ... I guess  
At least I would suggest to start with small amounts.

OP, What's wrong with Tradingview?
If you like a short overview (and bring along some trust): https://www.tradingview.com/crypto-screener/
And if you like to dive deep, build up your own strategy or get some from others, backtest it until it fits your requirements. There is a paid version if you need more features.
But don't forget, charts never tell future movements, they are only able to look into the past. Sometimes it's more reliable to let your cat predict which coins to choose than charts.
It's not only choosing the right coin, it's choosing the right investment strategy too. So hodling BTC combined with some sort of DCA is something I would suggest doing nowadays.

[Beparanf]

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To make it simpler, Are you looking for a screener that will notify you whenever there’s a trend happening on a certain coin? I believe blockfolio have this kind of feature before that notifies you whenever there’s a sudden movement or consolidation happening on the token you are watching depending in the parameters that you setup.

I’m not using that app anymore after they are purchased by FTX but they are the best screener before. You can try Dexscreener too since it’s the most popular for shitcoins hunter.

[348Judah]

Is there a way to screen coins efficiently and fast? Not by using signals - a signal means you get a message or SMS then quickly jump online to see the chart movement in panic.... and make panic decisions.... If I use Tradeview Screener I can just set 2 parameters/filters - Exchange and Directional index and result will be blank, since there are no coins at that moment on certain exchange with strong trend - but only time wasting consolidations. Any method/website to make this process fast?

My advice on this is for you not to trust or rely on any website to do what you are meant to engage doing by yourself, they can give you notifications and suggestions about them, but how fast and accurate do you think they can appear and everyone will not be using them? Come to think of it in such direction, make use of your own personal efforts in making research and drive out conclusion on your findings, risk is in everything we do, we cannot be hundred percent effective about what others gave us because we all have same brain, why not crack yours and use it for what you want.

[jeraldskie11]

So I have new topic. At the beginning you have to screen which coins to trade. And here comes the problem. Can use coingecko, coinmarketcap and similar websites that show % of movement up and down then you go to the chart and see nothing happening, 80% of the time are just some shitty consolidations so you have to wait an hour or so for trend to develop. Time wasting. Is there a way to screen coins efficiently and fast?

Tradingview, in my opinion, is the finest approach to screen currencies. Tradingview provides real-time statistics from the exchange you use. So you can easily screen the coins you intend to trade. Coingecko and Coinmarketcap are quite sluggish, making them unsuitable for trading. It is up to you, if you want to choose another platform that meets your requirements. But, for me, tradingview is sufficient because it contains the majority of the trading tools that we want.

[hugeblack]

Did you checked ----> https://cryptowat.ch their mobile application^[1] enables you to customize notificationsthat you can received based on price or volume, and then you can connect your CEX account via the API and trade directly without the need to log in to your account, you can connect several CEXs.

Their notification system is good, and you can track several cryptocurrencies at the same time, adjust the notifications according to what you are looking for, or automate them, as happens in trading bots.

If this is not what you are looking for, customize the type of notifications you are looking for, and there are several options based on that.

[1] https://cryptowat.ch/apps/mobile

[el kaka22]

It is really not reasonable to expect that screening will get you a reward every single time. You are not doing something that requires that much of a big talent, and you are doing something that is free, and the result should not be instant profit all the time.

You should be seeing it slowly, and not doing much and wait for the trends to develop and only make money time to time, that is what it deserves to be fair and I believe that is more than enough. There is no easy way of making money in most cases and you shouldn't really be believing that it will make a profit that quickly, it will not be that simple and should not be considered easy at all, it will definitely be a tough thing to handle in most cases.

[hugeblack]

It is really not reasonable to expect that screening will get you a reward every single time. You are not doing something that requires that much of a big talent, and you are doing something that is free, and the result should not be instant profit all the time.

If we ignore the exhaustion and great psychological pressure, it is likely that you will not be able to catch up with the price when it changes dramatically, so you will need a bot or something automated and fast that can execute trading orders without your personal intervention. Therefore, personally, I see that all price alert applications are just a waste of time and useless stress.

You should be seeing it slowly, and not doing much and wait for the trends to develop and only make money time to time, that is what it deserves to be fair and I believe that is more than enough. There is no easy way of making money in most cases and you shouldn't really be believing that it will make a profit that quickly, it will not be that simple and should not be considered easy at all, it will definitely be a tough thing to handle in most cases.

You can do this without any extra effort by automating your trading, and there are plenty of options if you read technical indicators well and use the appropriate bots.

[Peanutswar]

You can use the cryptobubbles im using this too but most of the exchange platforms right now are offering a signals base on your designated alarms, for example Binance they have an active widgets you can check the listed coins and price movement which makes refresh every time and makes a warning if the alarmed price of the particular coin you set notifies you, its good too if there's a guide with your technical analysis, for example you plot your TA in the Tradingview with the help of indicators, and alarm using your app.

[cafter]

You can use bitscreener as an alternative for crypto screener, it shows a simple small chart overview for every coin. You may know which crypto is in consolidation mode and which is in a trend.

[stomachgrowls]

Can use coingecko, coinmarketcap and similar websites that show % of movement up and down then you go to the chart and see nothing happening, 80% of the time are just some shitty consolidations so you have to wait an hour or so for trend to develop.
-snip-

The sites you mentioned can absolutely not be relied on regardind the data you talked about and I would never make my trades on data from Coingecko or Coinmarketcap.

Why?
The data on such sites are usually calculated, so they are not correct for the individual exchanges where you want to execute the trade. In addition, the data is not updated within seconds, but sometimes actually lags behind for several hours. Thus, these data are completely useless as indicators.


I usually use directly the data of the exchange on which I want to trade. It is also very easy to use bots to give personal signals such as ("Volume on BTC is increasing by leaps and bounds") and then react immediately, the exchanges also offer interfaces to be able to access this data yourself. The data is usually also very reliable and quite suitable as a trading signal.

Or simply it was the average of those all exchangers who had been trading up a particular coin ex. Bitcoin. Then its true that it isnt really just basing up on a single exchange on which those movements would really be that

calculated and this is why % movement whether up or down would really be not precise. It would be better on sticking on the platform you are trading or tend to trade or make use of rather than on making yourself trying out to reference with those common marketcap sites which shows that in overall average and not on a single point. So its never been recommendable for you to make use if you are really that trying to snip out
with those small percentage movements. Better be specific and would really be directly touching up the platform on which you do tend to use.

CMC and CG are really just that good on peaking about price movements but in speaking about making it as a signal or indication then it wont really be able to fit out on the criteria.

[logfiles]

You can use bitscreener as an alternative for crypto screener, it shows a simple small chart overview for every coin. You may know which crypto is in consolidation mode and which is in a trend.

Op is looking for screeners with lower time frames. The lowest I have seen with bitscreener is 1 hour, which OP already complains about

1. quantifycrypto.com/coin-screener used to do well for me when it was free, but one has to pay for it now
2. altfins.com/crypto-screener also offers 15 minute time frame percentage changes. Some features need to be paid for as well