My primary interest in this is to try to pick out whale manipulation of the order book. My stats are very "old school", so I'm just starting to learn about some of the potential methods of analysis. If one could see a controllable animation of the the depth chart history, and combine it with volume and real trading price candles, then I suspect one could get a feel for the manipulation that is going on at the moment.
The main problem seems to be the collection of historic information about depth. It would need somebody to scrape an exchange, and save the data.
This is basically what I was talking about in your other thread about having to be there seeing it live and have been there long enough to recognize the patterns that have been and are happening.
Couldn't you just record the exchanges charts and books with OBS Studio and then playback your video at whatever speed you wanted?
Maybe you could get some idea of the patterns and market disposition without actually being there the whole time if you recorded it as a video and looked back to see what happened but I don't think that it would replace actually being there.
I think if you don't have the ambition, or want to sit there and watch the books and charts for hours every day you probably don't have the ambition to daytrade..
In my experience you have to put a lot of time into it to be able to make good reactions/trades. I can't just jump on an exchange for an hour not having been there for a week and day trade. I probably have to watch a market for 5 hours a day for atleast 2 days before my trading instincts start to get well honed for that market..
This is why I haven't been trading lately. I just can't seem to build up the ambition to watch markets like I used to.
I used to get up in the morning and straight to the books and trollbox for most of the day all day every day and loved it. It was what I wanted to do. I had the drive and I loved it and was successful but I just can't seem to get myself to that level anymore. Like some people love to play videogames I loved to be on the exchange..
I feel washed up and behind the times..
The good altcoin exchanges with good trollboxes are gone and I have built up a resentment to most new coins since they seem to almost all have gone completely to shit.
They aren't just many good crypto experiments anymore. They all seem to have some stupid shill backstory where their value relies more on whatever their stupid plan is than the merit of their technology.
Except a few ofcourse..
Maybe if I find Grin on a good exchange I can find my drive to seriously daytrade again..
The idea posted about separate orders being in the 3rd dimension is a cool idea especially if they were listed in order of time entered. This would be great so I could see how far back in line my orders are like on XX sat coins where it is just wall VS wall.. Like DOGE.
I know the exchanges have this data because orders do fill on a first come first serve basis if you watch the trade history but traders just can't see what orders are in line.
It is quite nontransparent and gives exchanges a lot of opportunity to rig the system to make money themselves if they could make their own orders always skip to the front of the line..