Very nice. Thank you very much, gusterdd! I have retweeted it.
If your want to, you can add a column: WOB_ratio = bid_BTC / ask_OTHER
which has the unit of a price. And then compare the current market price with that.
Very happy to see you working with our data.
We will be adding functions to Newbium. Always open to good suggestions.
Here is a cross comparison of the WOB histograms of all
the coins that you have chosen to look at:
(click for larger) The differences in numbers are simply due to the time shift probably.I have been considering how valid this kind of metric is, myself.
Can you go into anymore detail, on what triggers and parameters you are concentrating on?
A valid question indeed. Have you read these posts?
pt1 and
pt2 - and
pt3.
There is one more -more technical- summary coming up. But also ask your questions please, then I include answers to them.
I was in contact with a bot seller on this forum, for a specific need/want. Heres the copypasta of my message to him....
"Just to explain my specificness....im trying to see if its possible to identify when the movers and shakers (whales) are active, and not. So i want to be able to see the spikes, and movement of spikes of order size, both sides of the book. I want to find out if there is a certain or recognisable pattern that forms, ultimately. And for that, i need an easy on the eye way of expressing these possible patterns, ideally in real-time."
So to reiterate the above, i want to know and identify when market moving size, enters or leaves a given market, in an attempt to ride their coat-tails. I would also need this to be represented on a line graph to easily identify any patterns/ratios, if any.