Coinorama.net - BTC markets & network charts + blocks list - page 8.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Thanks for the info, a bit clearer to me now.
Any reason why Bitstamp is way below 1? (I think it was around .4 or so) on the bid/ask ratio chart).

Also, have you played with combining the ratio chart with any other indicators? I have a feeling there might be something there. Wink

But, just a feeling...

razibuzouzou

sr. member

Activity: 354

Merit: 251

coinorama.net

Hi,

What you describe is expected as the "normalized" Bids/Asks ratio depends on the rate.
So, if the rate goes up, the "normalized" ratio goes down, and vice-versa.

Example :
Rate is 120 USD/BTC
Bids/Asks ratio is 150 USD/BTC (meaning : the order book contains 150 USD of bids for each BTC of asks)
Then, the normalized Bids/Asks ratio is : 150/120 = 1.25 (meaning: the bids/asks ratio is greater than the rate)
If the rate goes down, the normalized ratio goes up because of the widening gap between Bids/Asks ratio and rate.
If the rate goes up, the normalized ratio goes down because of the shrinking gap between Bids/Asks ratio and rate.

If the rate is stable and the Bids/Asks ratio changes, that means the order book has been modified.

Looking at the normalized ratio is not easy because you have to track rate movements as well.
However, it is a shortcut to compare the order book to the rate.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Thanks again for the link in the other thread. Having fun with the ratio chart but I have a problem.

You said that buying is synonymous with a ratio over 1. But, it you look at the first two charts on the left side - 1. price & 2. ratio,
it seems that the ratio dropping is synonymous with the price going up and vice versa. I understand the ratio is above 1 overall, but isn't something off or what am I missing?

See pic below, especially far right side showing divergence.

IAS

razibuzouzou

sr. member

Activity: 354

Merit: 251

coinorama.net

Thanks for the positive comments

I have candlesticks in my roadmap, but I'd like to adress a few other features first.

Cheers !

ninjaboon

legendary

Activity: 2128

Merit: 1002

Quote from: murfshake on May 30, 2013, 07:44:19 PM

I always about more charts! Is there candle stick views available? Thank you.

love your charts. add in the candle sticks and it will be super.

murfshake

member

Activity: 84

Merit: 10

I always about more charts! Is there candle stick views available? Thank you.

razibuzouzou

sr. member

Activity: 354

Merit: 251

coinorama.net

Quote from: methax on May 27, 2013, 03:28:11 PM

Does look very nice. Can someone confirm no act of malicious intent from OP?

Well, I am trying to be as accurate as possible. My data come directly from the exchange.
When the platform is mature and stable, I think I'll release it under GPL. Then, you'll be able to serve your very own Coinorama.

The website have been updated many times since last week.
Among the most important changes :

Bitstamp data are now available (first record created yesterday, one-week and two-weeks charts will need some time to be complete)
Webpage title is updated regularly, with a little arrow indicating rate's evolution
Fixed an issue experienced by Firefox users (slowdown of the mouse tooltip after some updates)
Fixed an issue with the lag measurement of MtGox
Added 2-weeks view

This week-end, I'll implement a new feature (which AFAIK is not available on other charting websites), stay tuned !

methax

newbie

Activity: 46

Merit: 0

Does look very nice. Can someone confirm no act of malicious intent from OP?

razibuzouzou

sr. member

Activity: 354

Merit: 251

coinorama.net

Quote from: evoorhees on May 26, 2013, 02:34:38 PM

In an announcement it's good to say what your site actually does Wink

Oh yeah, sorry, I posted that in a rush

So, the website currently shows MtGox BTC/USD trading history (supporting more exchanges and currencies is in the roadmap).
Left side shows :

conversion rate
demand vs. offer ratio (basically, >1 hints that traders are in a buying mood)
transaction volumes
engine and socket lag

Right side shows :

order book evolution (gaps between asks and bids)
order book (cumulative or not)

The view is refreshed every 10 seconds.

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

In an announcement it's good to say what your site actually does Wink

razibuzouzou

sr. member

Activity: 354

Merit: 251

coinorama.net

Hi everybody,

I am glad to announce : http://www.coinorama.net
I hope it can be useful. Of course, there are some limitations, hopefully it will be addressed with time.
Do not hesitate to post feedbacks, ideas, etc. !

Current Status - 17th January 2016

The website will be taken offline around January 19th.

Source code is now available under AGPL at : https://github.com/coinorama/coinorama

Topic: Coinorama.net - BTC markets & network charts + blocks list - page 8. (Read 24005 times)