Market Signals

[cryptohappening]

I created a program that filters out potential risky investments and identifies market trends using technical indicators. I will be researching different methods to account for risk to hopefully avoid highly volatile cryptocurrencies and provide more reliable market signals. At the moment, Volume, RSI(Relative Strength Index), and EMA(Estimated Moving Average) are being utilized to help identify these trends. If you are interested in trying it out, you can find the python script at https://github.com/stevob14/cryptosignals

[batang_bitcoin]

People aren't interested anymore with these market signals as most of them are just hype signals made by the owner of such groups. It's more of a shilling on what coin the group will support.
I'm not good like those professional traders and never got into signals but most of the experience shared here about these signals were bad.

[cryptohappening]

Interesting. I'm not a professional trader either. I created this as a learning experience about technical indicators and am open to ideas.

[batang_bitcoin]

Interesting. I'm not a professional trader either. I created this as a learning experience about technical indicators and am open to ideas.

Goodluck to you, it will be interesting if you can just create a thread for your potential signals here in the forum (or this thread). And let's see if you have a good way of executing it.

[cryptohappening]

Thank you. It's going to be on-going research. I'm currently monitoring what the program finds by having it save all previous signals for the day to a text file. Each file is saved with the date from which the signals were detected. It will definitely be interesting to analyze the results at the end of the week,month,etc. I'll keep this thread updated.

[Krabat]

Of course, it is very good that there are still such enthusiasts who are able to apply their knowledge to create such programs, however, given the fact that cryptocurrency is a totally manipulated sphere, I doubt that the benefits of these programs will be significant. After all, it is not technical analysis that decides everything, but personal preferences of a small group of whales.

[#Bentley]

This is quite an interesting program, perhaps and perhaps it will be useful to someone. Although it seems to me now there are very few traders and investors who have free money left to continue investing now or to continue to actively trade. Most of the people who suffered losses last year will never return to this market.

[asder250]

If someone will test it and post his results it will be very helpful for us. But, I stopped with bots, trading signals after I lost almost all from my portfolio. (Bear market comes and signals stopped working).

[styca]

I'm still not convinced that these signals can be applied to crypto. The bear market has lasted for just over a year now, and coins are all moving together in price. The only one worth watching is probably BTC - once that picks up then the alts should follow.

[kingzpro]

As most of the people who have entered crypto market are new so they do not have enough knowledge of trading and also due to pump and dump groups and signals have already created a negative impression of this niche as most newbies have faces serious losses and most people end up getting trapped in trades due to pump and dump signals.

[udidrone]

Hope that your program can help a lot of people especially new people that join in trading activity, at least they will interested and not said that trading only make them loss, actually signal trading is good if we can use it properly.

[Furious 7]

not very interesting with this signal, some people offer it and ignore some factors in trade. trade can change suddenly and difficult to predict.
own analysis is more important and always monitors the news which will cause the price of bitcoin to change.

[cryptohappening]

If someone will test it and post his results it will be very helpful for us. But, I stopped with bots, trading signals after I lost almost all from my portfolio. (Bear market comes and signals stopped working).

The program is accessible to everyone to view by visiting the website. The results are displayed on the page within a table every 10 seconds without a page refresh. No login/account is required to use this program.

[cryptohappening]

All of you have made good points. I just want to add always do your own research and only use technical analysis as a supplement as technical analysis is not 100 percent. The best way to look at the results is as a tool to help better understand what is happening in the market.

[batang_bitcoin]

Thank you. It's going to be on-going research. I'm currently monitoring what the program finds by having it save all previous signals for the day to a text file. Each file is saved with the date from which the signals were detected. It will definitely be interesting to analyze the results at the end of the week,month,etc. I'll keep this thread updated.

You're welcome.

All of you have made good points. I just want to add always do your own research and only use technical analysis as a supplement as technical analysis is not 100 percent. The best way to look at the results is as a tool to help better understand what is happening in the market.

I like what you said here unlike others who are saying about their signals, they are pushing it hard but with what you said you aren't too pushy.

[maydna]

I think you should make information about where is the market you used because I don't see it on your page so we don't confuse where we should buy that coins. But I see it could be our guide to check and analyze on the coins situation and if we think that is good to buy, then maybe we can make the order buy after we make the analysis. But I wonder if that programs will make people want to use the signal because we are almost tired to waiting for a good time to sell our coins before we decide to buy another coin.

[cryptohappening]

I think you should make information about where is the market you used because I don't see it on your page so we don't confuse where we should buy that coins. But I see it could be our guide to check and analyze on the coins situation and if we think that is good to buy, then maybe we can make the order buy after we make the analysis. But I wonder if that programs will make people want to use the signal because we are almost tired to waiting for a good time to sell our coins before we decide to buy another coin.

Data for the signals is not being pulled from just one exchange. Also, the technical indicators RSI and EMA is being calculated using data from historical charts.

[asriloni]

All of you have made good points. I just want to add always do your own research and only use technical analysis as a supplement as technical analysis is not 100 percent. The best way to look at the results is as a tool to help better understand what is happening in the market.

That's right and it will be useful if we can try to mix TA and FA. I guess you can try to take a look on santiment and it will give you an interesting discussion regarding the market. I'm sure you will get the more exploration for your idea to make It even better.

[bitcoinisbest]

With current bet market I feel that it is that time where bull run may about to begin in coming time . So ideally it is always best time buy when bear is about to end and bull is going start as you get the best price available in the market which is quite low at present .

[Little Mouse]

Just checked your website  and it seems a pretty useful tools to track about market movement. How about adding more coins. I did not find a lot of coins which I was looking for. Appreciate your works. Will visit more often once you add some more coins.