Hello, so you basically made a system which will inform or alert us about some coin that currently (as in that per 15 mins) being pumped and/or having an uptrend, right?
Yes, that's what this is doing. You can read more about the algorithm here
https://cryptoalert.wordpress.com/15-minute-reports/Every 15 minutes a script runs by pulling current data from POLO and filters "hottest" coins, and provide a pdf report to automatically tweet with a link to pdf.
It is not perfect and I am still experimenting things. Sometimes signals are good and coins with an alert continue to rise within next few hours. Sometimes signals are not that good, and price might even drop just after the signal. I am evaluating bad and good apples, and trying to see patterns for filtering out bad apples based on some technical indicators. My goal is to improve it as much as possible.
I will also start publishing daily reports evaluating the performance of signals in the past 24 hours. So, people can actually see if this really works, and how it is improving over time.
The process is as below:
1. Computation:- The total buy volume in the past 24 hours is computed and divided by 24, 48, and 96 to compute the average 1-hour, 30-minute, and 15-minute buy volume within the past 24 hours.
- The percentage change is computed for the buy volume in the last 15, 30, and 60 minutes compared to respective average volumes in the past 24 hours.
- The price change in the last 15, 30, and 60 minutes is also computed.
- All current buy and sell orders are pulled from the trade book. Also, the first 100 and 200 buy and sell orders in the tradebook is independently considered to analyze the near future market depth.
- Moving Average Convergence/Divergence (MACD) is computed for the past 24 hour data.
- Stochastic Momentum Index (SMI) is computed for the past 24 hour data.
- Chaikin Money Flow (CMF) is computed for the past 24 hour data.
2. Evaluation:The coins that meet all the following criteria are filtered:
- The percentage change in hourly buy volume is positive.
- The percentage change in 30-min buy volume is bigger than the percentage change in hourly buy volume.
- The percentage change in 15-min buy volume is bigger than the percentage change in 30-min buy volume.
- The price change in the past 15 minutes, 30 minutes, and 60 minutes are all positive.
- MACD value is larger than it is signal within the past 30-minutes and has a positive trend in the past 2,5 hours.
- SMI value is larger than it is signal within the past 30-minutes and has a positive trend in the past 2,5 hours.
- CMF is positive.
3. Reporting:
For every coin that meet all criteria in Step 2, the following is wrapped in a pdf document for user’s information and automatically tweeted with a link to pdf:
- The percentage change in buy volume for the past 15 minutes, 30 minutes, and 60 minutes is reported compared to their respective 24-hour averages.
- The price change for the past 15 minutes, 30 minutes, and 60 minutes is also reported
- The current state of the whole trade book is reported in addition to the first 100 and 200 buy and sell orders in the trade book are compared.
- A candle stick plot for the past 24 hours (15 minute candles) and for the past 2 weeks (4-hour candles) is provided along with the following technical indicators for further evaluation: Squeeze Momentum Indicator, SMI, Volume, On Balance Volume, On Balance Volume Oscillator, 24 hour Cumulative Volume and its EMA(21), Parabolic Stop-and-Reverse points, Bollinger Bands, Stoch RSI, ADX, Chaikin Money Flow