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Topic: Bitcoin Barometer (Read 14100 times)

legendary
Activity: 1470
Merit: 1001
Use Coinbase Account almosanywhere with Shift card
October 09, 2013, 05:02:15 PM
#85
Try different dates. It seems to be working for me. If i move the start date farther back I get data.
legendary
Activity: 896
Merit: 1000
October 09, 2013, 04:30:40 PM
#84
No plan to fix it? Seems like waste of money to run it since it doesnt work.
legendary
Activity: 896
Merit: 1000
September 17, 2013, 07:22:49 PM
#83
Stopped working on the 7th
legendary
Activity: 1372
Merit: 1000
September 17, 2013, 06:19:24 PM
#82
http://mogsta.com/btc/

This little tool displays the ratio of sold and bought coins over a given time.
Data comes from the MtGox BTCUSD Stream.

Feedback, any? :>

is this still up and running?
hero member
Activity: 798
Merit: 1000
June 17, 2013, 07:00:58 AM
#81
ratio of sold and bought coins?

so some people are buying or selling coins from no one?

every bought coin has a seller

and every sold coin has a buyer

how are these numbers derived?

forgive me if this was already addresses


My bet is that:

 sold coins = sold into bid walls

bought coins = bought from ask walls.

so orders that are over a limit of a certain arbitrary amount?

like 50 orders of 2BTC don't make the scale but 1 order of 100BTC does

Take the 'walls bit out of what lucas.sev said and you got it ...

All trades are considered.

When a bid is hit a coin is considered 'sold'
When an ask is taken a coin is considered 'bought'

So it is a measure of whether the current price action is more biased towards price being knocked down by sellers (bearish), or raised by buyers (bullish)
There is always a spread between bid and offer ... the one who crosses it is considered the indicator of sentiment in this model
Like this a big dump, where asks are continuously being hit and price knocked down, the needle would swing to 'bearish' very rapidly.

As I understand it, how far the needle swings is a function of the ratio of coins bought to coins sold over the period being looked at. Not sure on the calibration though.

Hope this helps
ukw
sr. member
Activity: 616
Merit: 250
June 17, 2013, 03:47:59 AM
#80
Could you give me an example where the barometer is too sensible?

4,336.85 sold | 5,835.64 bought --> arrow is vertically "bullish", but the chart shows, that this rate is more stable than bullish.

The lower buttons don't change the zoom, they select the time period of the chart candles.

Yes, okay, but this is really confusing:

upper zoom        lower buttons           rate
1D                    10 M                       5,163.07 sold | 6,297.74 bought
1D                    30 M                       4,336.85 sold | 5,835.64 bought

The zoom (range to calculate) is the same, but I get totally different values.
legendary
Activity: 1372
Merit: 1000
June 16, 2013, 06:45:09 PM
#79
http://mogsta.com/btc/

This little tool displays the ratio of sold and bought coins over a given time.
Data comes from the MtGox BTCUSD Stream.

Feedback, any? :>

Thank,
I would love to see this the same thing as an average of the top 10 exchanges by volume.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
June 16, 2013, 06:25:21 PM
#78
neat tool -- fun to play with while drinking!   Cheesy Wink
420
hero member
Activity: 756
Merit: 500
June 16, 2013, 06:05:37 PM
#77
sohd tell us the calculations for the numbers
legendary
Activity: 1022
Merit: 1000
June 16, 2013, 04:41:29 PM
#76
Bookmarked

1. How is this different to the On Balance Volume (OBV) and Accumulation/Distribution- Indicators?

2. Can someone make a diary only trading according to what the Barometer says Wink ?

3. +tip sohd 0.001 BTC verify
legendary
Activity: 1792
Merit: 1008
/dev/null
June 16, 2013, 04:08:55 PM
#75
http://mogsta.com/btc/

This little tool displays the ratio of sold and bought coins over a given time.
Data comes from the MtGox BTCUSD Stream.

Feedback, any? :>
well done!
420
hero member
Activity: 756
Merit: 500
June 16, 2013, 04:00:25 PM
#74
ratio of sold and bought coins?

so some people are buying or selling coins from no one?

every bought coin has a seller

and every sold coin has a buyer

how are these numbers derived?

forgive me if this was already addresses


My bet is that:

 sold coins = sold into bid walls

bought coins = bought from ask walls.

so orders that are over a limit of a certain arbitrary amount?

like 50 orders of 2BTC don't make the scale but 1 order of 100BTC does
sr. member
Activity: 252
Merit: 250
June 16, 2013, 03:59:25 PM
#73
ratio of sold and bought coins?

so some people are buying or selling coins from no one?

every bought coin has a seller

and every sold coin has a buyer

how are these numbers derived?

forgive me if this was already addresses


My bet is that:

 sold coins = sold into bid walls

bought coins = bought from ask walls.
420
hero member
Activity: 756
Merit: 500
June 16, 2013, 03:55:10 PM
#72
ratio of sold and bought coins?

so some people are buying or selling coins from no one?

every bought coin has a seller

and every sold coin has a buyer

how are these numbers derived?

forgive me if this was already addresses
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
June 16, 2013, 08:18:43 AM
#71
I do like this a lot. Of course everyone's algorithm to find a spot on the sentiment continuum will differ but it's always nice to have well-presented data Smiley
legendary
Activity: 1094
Merit: 1006
June 07, 2013, 05:02:51 PM
#70
The barometer is too sensible now.

The buttons "1M 5M 10M 30M 1H 2H 4H 1D" on the bottom of the page don't work in the matter as inspected, anymore. In the past it was clear what they are doing. Now they change only the zoom in a non-comprehensible way. Now I have to click the lower buttons to get an acceptable zoom range in the top, then I can change the zoom value at the top. This is very circuitous.

Perhaps you should offer all possible zooms "30M 1H 2H 4H 1D 2D 3D 7D 14D 28D 30D 60D" at the same time at the top and delete the (stupid) buttons at the bottom.

Could you give me an example where the barometer is too sensible?

The lower buttons don't change the zoom, they select the time period of the chart candles.
I agree with the changing-possible-zooms-buttons thing and am going change that on the next update.
I just thought it would make sense to only display sense-making zoom buttons on the Top Wink

Quote
Do you think you could add an API?
For what? The barometer arrow? Trading data?
Just return Bullish, Stable, Bearish and/or the amount bought or sold when passed the time interval 1M, 5M etc. Would be a helpful stat to add to my ticker.
newbie
Activity: 42
Merit: 0
June 07, 2013, 06:03:14 AM
#69
The barometer is too sensible now.

The buttons "1M 5M 10M 30M 1H 2H 4H 1D" on the bottom of the page don't work in the matter as inspected, anymore. In the past it was clear what they are doing. Now they change only the zoom in a non-comprehensible way. Now I have to click the lower buttons to get an acceptable zoom range in the top, then I can change the zoom value at the top. This is very circuitous.

Perhaps you should offer all possible zooms "30M 1H 2H 4H 1D 2D 3D 7D 14D 28D 30D 60D" at the same time at the top and delete the (stupid) buttons at the bottom.

Could you give me an example where the barometer is too sensible?

The lower buttons don't change the zoom, they select the time period of the chart candles.
I agree with the changing-possible-zooms-buttons thing and am going change that on the next update.
I just thought it would make sense to only display sense-making zoom buttons on the Top Wink

Quote
Do you think you could add an API?
For what? The barometer arrow? Trading data?
legendary
Activity: 1094
Merit: 1006
June 04, 2013, 07:38:54 PM
#68
Do you think you could add an API?
ukw
sr. member
Activity: 616
Merit: 250
June 04, 2013, 04:34:43 AM
#67
The barometer is too sensible now.

The buttons "1M 5M 10M 30M 1H 2H 4H 1D" on the bottom of the page don't work in the matter as inspected, anymore. In the past it was clear what they are doing. Now they change only the zoom in a non-comprehensible way. Now I have to click the lower buttons to get an acceptable zoom range in the top, then I can change the zoom value at the top. This is very circuitous.

Perhaps you should offer all possible zooms "30M 1H 2H 4H 1D 2D 3D 7D 14D 28D 30D 60D" at the same time at the top and delete the (stupid) buttons at the bottom.
member
Activity: 105
Merit: 11
June 03, 2013, 11:31:32 PM
#66
I liked the original barometer, where it was just a barometer.  Was a neat idea.

Now it seems like its all hacked together.  Maybe my screen size is just too small for it.
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