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Topic: I've developed a free trading tool and would like some feedbacks to improve it (Read 541 times)

brand new
Activity: 0
Merit: 0
Maybe you should check it out on a demo account.
legendary
Activity: 2702
Merit: 4002
Maybe if you share data with price charts in Speculation borad you will find some support, but is there any link between them?

I don’t know what anyone had made a comparison between price movements and whale selling/buying data, but it cannot be relied upon to influence the price of Bitcoin/USDT in the short term due to the high market capacity BTC.



These are some live data of the whale's transactions, if you can transform it into something useful, then everyone will support you.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
If its not much effort to make the channel it might be an interesting one to follow.

What's your definition of a whale though? 10btc+, 1btc? And are these just triggered orders or orders placed?

I think you could probably come up with a lot of other useful constraints with this too, you might be able to watch for a pump and give yourself a notification if a coin's volume and price suddenly spike.
newbie
Activity: 3
Merit: 0
Hi everyone, i'm a crypto-trader and developer who uses several tools to help with my trading.
I've made this bot that signals when there is a difference between the short/long ratio of Whales/Retails on Binance. I still need to see if there is some kind of correlation with the price movement or if it could be used for trading.
The output is something like this for now:
ATOMUSDT 240M 27/05 @ 12:03
W □□□□□■■■■■|■■■■■□□□□□ 49/51%
D □□□□□□□□□■|□□□□□□□□□□ -14.7% [15%]
R □□□□□□■■■■|■■■■■■□□□□ 35/65%
Open interest $1.5m (+5.5%)
In this example the Whales(W) where short/long 49/51, instead retails where short/long with a percentage of 35/65 , which is a 14.7% difference . I don't know it this could be useful or anything,
i'm still studying it.
It works on all USDT currencies of Binance and with 5m,1h,4h timeframe for now.
My idea is to create a FREE(not paid access or anything) telegram channel where this bot will output when there is some kind of big difference between whales/retails. could use it and send me feedback on how to improve it or if there is some kind of other statistics that could be useful.
I'm here just to gather some feedbacks on how to improve an already existing tool or to create other tools that the traders could find useful.
Let me know if you're interested so i'll create the channel! Cheers
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