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Author Topic: Tools for Trading BTC  (Read 1044 times)
DrKennethNoisewater (OP)
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July 10, 2011, 07:13:31 PM
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Hello All:

As BTC continues to gain traction and evolves into more of a liquid and tradeable  instrument, it would be nice to have some tools, or real-time alerts that will assist us in figuring out when to buy/sell/short/exit/enter. (intraday as well as longer term)

So, if a product like this were available, what are some of the alerts or indicators that the trading community would be interested in?

DKN

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netrin
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July 11, 2011, 02:13:30 AM
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I was trying to explain what day trading was to a 10 year old girl. When I suggested she could do it, she said it looked boring. That got me thinking. It could be made 'game like'.

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July 11, 2011, 02:39:51 AM
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I was trying to explain what day trading was to a 10 year old girl. When I suggested she could do it, she said it looked boring. That got me thinking. It could be made 'game like'.

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DrKennethNoisewater (OP)
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July 11, 2011, 02:54:34 AM
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That would be cool ;>

I'm a gamer as well, but haven't been gaming since I started mining. But it would be cool to host Quake Live deathmatches or some other FPS and pay bitcoins to the winner..........

As far as indicators/alerts for bitcoin trading, I was thinking volume spikes on the 1 min time frame and some other basic stuff like Standard Deviation, avg volatility,along with some other over bought/oversold stuff.......I guess when there's only 1 "stock" to watch you dont need a whole lot....guess we'll see.

DKN

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July 11, 2011, 02:56:29 AM
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Hello All:

As BTC continues to gain traction and evolves into more of a liquid and tradeable  instrument, it would be nice to have some tools, or real-time alerts that will assist us in figuring out when to buy/sell/short/exit/enter. (intraday as well as longer term)

So, if a product like this were available, what are some of the alerts or indicators that the trading community would be interested in?

DKN



Great idea Wink

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July 11, 2011, 05:08:51 AM
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As far as indicators/alerts for bitcoin trading, I was thinking volume spikes on the 1 min time frame and some other basic stuff like Standard Deviation, avg volatility,along with some other over bought/oversold stuff....

I'm thinking an interface like mtgoxlive in which I can just click buy and sell orders along the price axis on either side of the bid/ask divide. I want a 'clear all' button. I want to set how many units per click. I want to see my buys and sells explode as they are matched on the market. I want to see my average past sell price and my average past buy prices. I want to see my rate of gains in both currencies over time (on the same chart).

A single click could execute a function of a series of buys and sells in 1% doubling increments or set a bouncing window/path.

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