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Topic: Trading Digits: Crypto Trading Analytics and Market Intel [New features] - page 4. (Read 1502 times)

legendary
Activity: 1848
Merit: 1982
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I really want to thank you for all these great tools on one page, in fact I often need to go to several sites to get these tools.

So this is a very good job bringing them together to make it easier to get all of these things that we need on one simple page.

It is possible to make things even easier by adding the Bitcoin and Ethereum fees as well as Bitcoin Dominance in the top bar of the page (as found on CoinMarketCap for example) rather than having each one on a separate page.
jr. member
Activity: 65
Merit: 9

 - BITCOIN TRANSACTION FEE: You need to develop it better so that the results obtained are closer to what you get from services such as https://mempool.space/



I would suggest adding sat/vByte in your Gas & Fees tool. It shows gwei suggestions for ETH, but for BTC, only a USD average.  


Hey guys, I just released the newly coded Bitcoin transaction fee tracker—showing real-time fees for low, medium, and high priority as well as no priority at all—using mempool.space APIs. Check it out: https://www.tradingdigits.io/gasFees
jr. member
Activity: 65
Merit: 9
Fear and Greed Index launched: https://www.tradingdigits.io/cryptoFearAndGreed

Get a clearer picture on the current crypto market feel to be able to catch the tops and bottoms of the market. We're the only website that provides access to the averaged monthly historical performance values of this index.
jr. member
Activity: 65
Merit: 9
I have never understood the Fear and Greed Index or its purpose to be honest. It's kind of self-explanatory and just shows what the market is currently going through. If bitcoin's price is increasing, the fear is on the lower end. Opposite of that, if bitcoin is dumping, then it's showing more fear among investors. If the movements are sideways, the index arrow stays in the middle.

The daily values of Fear and Greed Index alone do not really make much sense, but if we average them and take monthly values it may become a nice market sentiment tool and indicator (especially for beginners) on when to buy and sell for swing trades and hodling.

What I saw other websites do is to display the today's index value as well as place the historical daily index values on top of a chart, which to me looks kind of confusing and visually overwhelming without really telling anything.

What I did was to calculate the average monthly index value and present it in a clean way in an interactive table. For example, we can see that in February 2021 and a couple of months before it the average index was Extreme Greed indicating that it might have been a good moment to sell (Bitcoin was at 60k at that time and then fell to 30k).



The same way, the index averaged to Extreme Fear in May, June, and July when Bitcoin was fluctuating between 30k and 40k but shortly after it went up to 50-60k.

Also, further from historical data we can see that usually the index can't stay the same for longer than 3 months, which only happened twice since 2018.

I am not in any way saying that everyone should use it or it's the only indicator for buying the bottom/selling the top (there's no only one indicator in crypto or finance and multiple of them should always be used at the same time), but it's a nice market feel tool nonetheless.

Releasing it tomorrow BTC
legendary
Activity: 2702
Merit: 4002
I have never understood the Fear and Greed Index or its purpose to be honest. It's kind of self-explanatory and just shows what the market is currently going through. If bitcoin's price is increasing, the fear is on the lower end. Opposite of that, if bitcoin is dumping, then it's showing more fear among investors. If the movements are sideways, the index arrow stays in the middle.
It is another reflection of support and resistance points, or technical analysis with some feelings that are simplified in the form of fear and greed, so it is a simple indicator for beginners, although I think it gives a false sense of the accuracy of the results.

legendary
Activity: 2730
Merit: 7065
I'm currently working on a new section featuring Bitcoin Fear and Greed Index (and it's monthly historical performance since 2018), which will be released in a couple of days.
I have never understood the Fear and Greed Index or its purpose to be honest. It's kind of self-explanatory and just shows what the market is currently going through. If bitcoin's price is increasing, the fear is on the lower end. Opposite of that, if bitcoin is dumping, then it's showing more fear among investors. If the movements are sideways, the index arrow stays in the middle.
jr. member
Activity: 65
Merit: 9
A few observations.

I was playing around with the satoshi calculator.
When you click on sat to alts and enter 1 ETH, the conversion it gives in the table is different from the ETH value shown at the top of your site. While I am writing this, the table says 1 ETH is 6759107 sats or $1737.3. The top of your website shows 1 ETH = $1742.

I would suggest adding sat/vByte in your Gas & Fees tool. It shows gwei suggestions for ETH, but for BTC, only a USD average.  

Otherwise it's nice work, keep it up!

Thanks a lot for your words and feedback!

There may be a small difference in price between ETH/BTC in the header and the calculators/analytics tools because currently we use two different API providers for this in order to avoid double API calls for the same user. As soon as the website is more popular and we can afford a proper API with higher rates or get a partnership from some website that provides APIs with no limits, we will unify it and use the same API service for everything as well as implement other cool stuff with it.

When it comes to adding sat/vByte in Gas & Fees tool, I will do this soon using the real-time data from mempool.space. I'm currently working on a new section featuring Bitcoin Fear and Greed Index (and it's monthly historical performance since 2018), which will be released in a couple of days. Straight after that I'll implement the sat/vByte for Bitcoin, most probably this same week. I'll let you know when that's done and online!
legendary
Activity: 2730
Merit: 7065
A few observations.

I was playing around with the satoshi calculator.
When you click on sat to alts and enter 1 ETH, the conversion it gives in the table is different from the ETH value shown at the top of your site. While I am writing this, the table says 1 ETH is 6759107 sats or $1737.3. The top of your website shows 1 ETH = $1742.

I would suggest adding sat/vByte in your Gas & Fees tool. It shows gwei suggestions for ETH, but for BTC, only a USD average. 

Otherwise it's nice work, keep it up!
jr. member
Activity: 65
Merit: 9

I would have to say that unfortunately both. But this is not a bad thing, it just means that this is a new project which has a lot of room for improvement. So please do not take that as bad criticism but rather constructive criticism.  Grin


The UI design is a bit simplistic because it lacks user experience design as well as detail. If you construct it in a way from a third perspective so that any Jane or Jerry could intuitionally use it, then I think you would create a massive improvement. As far as the functionality goes, I think you could easily fit in additional details. It just seems like a website with a few buttons is not as impressive as a many option interface.

But again, those are just my own thoughts on the matter. I am sure there are users who prefer your design. Community Brain Storming. Thats what this thread is for, is it not?  Cheesy

No worries at all, this is exactly why I posted this thread over here. Welcoming all kinds of opinions from the community!  Cool

The UI can definitely get better. I'm currently working on adding more analytical tools to the website, but as soon as it's done I will try to make the interface not as blunt and kind of more sleek.
jr. member
Activity: 65
Merit: 9

can give you some ideas:

 - Unit Converter: The user can convert the dollar and the rest of the local currencies to Bitcoin, the page should be clean and simple.
 - Address Analysis: The user puts his address or any address and gets details of whether the site is mentioned in fraud or is a site for a platform or you can register the address in your name.
 - Lightning Network: Add some services that accept Lightning Network.
 - https://kycnot.me/: Try to create a site that displays services like this site.

Thanks for the ideas! Will try to implement some of these as soon as the tools I'm currently working on are finished.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.

It sounds like you know what you are doing. Although the tools seem a bit simplistic, you might have a working concept which you can develop into something more complex. In time, I bet you could even find and create partnerships with exchanges, and gain more popularity for your website.

As a trader myself, I personally do not need to use any tools like this since I can just create an excel sheet with formulas and that serves the same exact purpose.

But not everyone knows how to do that and would rather have it automated by your website. So yeah, I think you might be on to something.

Good luck! Grin


Thanks a lot for your words! When you say simplistic do you refer to the UI design or functionality? It'll help me improve things.

I would have to say that unfortunately both. But this is not a bad thing, it just means that this is a new project which has a lot of room for improvement. So please do not take that as bad criticism but rather constructive criticism.  Grin


The UI design is a bit simplistic because it lacks user experience design as well as detail. If you construct it in a way from a third perspective so that any Jane or Jerry could intuitionally use it, then I think you would create a massive improvement. As far as the functionality goes, I think you could easily fit in additional details. It just seems like a website with a few buttons is not as impressive as a many option interface.

But again, those are just my own thoughts on the matter. I am sure there are users who prefer your design. Community Brain Storming. Thats what this thread is for, is it not?  Cheesy
legendary
Activity: 2702
Merit: 4002

Next week I'm launching a new section featuring Bitcoin Fear and Greed Index (and it's monthly historical performance since 2018) and I'll implement it shortly afterwards. I think this website also has data that will help me code the Bitcoin halving countdown tool later on.
can give you some ideas:

 - Unit Converter: The user can convert the dollar and the rest of the local currencies to Bitcoin, the page should be clean and simple.
 - Address Analysis: The user puts his address or any address and gets details of whether the site is mentioned in fraud or is a site for a platform or you can register the address in your name.
 - Lightning Network: Add some services that accept Lightning Network.
 - https://kycnot.me/: Try to create a site that displays services like this site.
jr. member
Activity: 65
Merit: 9

It sounds like you know what you are doing. Although the tools seem a bit simplistic, you might have a working concept which you can develop into something more complex. In time, I bet you could even find and create partnerships with exchanges, and gain more popularity for your website.

As a trader myself, I personally do not need to use any tools like this since I can just create an excel sheet with formulas and that serves the same exact purpose.

But not everyone knows how to do that and would rather have it automated by your website. So yeah, I think you might be on to something.

Good luck! Grin


Thanks a lot for your words! When you say simplistic do you refer to the UI design or functionality? It'll help me improve things.
jr. member
Activity: 65
Merit: 9
I liked the idea of collecting many things in one place, and I do not remember that there is a site that offers a similar idea, but I have some notes:

 - BITCOIN TRANSACTION FEE: You need to develop it better so that the results obtained are closer to what you get from services such as https://mempool.space/
 - Dependence on third parties: I see that you rely on third parties to fetch data and update values, and this may lead to a slow response to the site.
 - Modify some interfaces: For example but not limited to:


Thank you for the feedback! Coinglass is a similar website, but it's much more specific, bigger, and technical.

We'll have both the essential and specific/technical tools (in the near future) on the website, trying to provide it all on the same page.

1. Thanks a lot for the link to https://mempool.space/ website, man, I kind of missed it. I already found out how to implement what you were suggesting using their APIs and will code it in a week or two.

Next week I'm launching a new section featuring Bitcoin Fear and Greed Index (and it's monthly historical performance since 2018) and I'll implement it shortly afterwards. I think this website also has data that will help me code the Bitcoin halving countdown tool later on.

2. Yes, we do fetch data from multiple places that provide free crypto APIs, both official and independent. What do you mean, like creating our own API?

3. Agreed. I will release a couple of new tools first and then handle the UI details. Will try to add smooth transitions between pages and page elements, some animations, and will redesign some UI elements like the calculation results modal you pointed out.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
Hey everyone!

I am an enthusiast trader and a year ago I had this idea to create a free-to-use website that would feature all the most essential and useful tools/calculators that traders and investors use on a daily basis.



It sounds like you know what you are doing. Although the tools seem a bit simplistic, you might have a working concept which you can develop into something more complex. In time, I bet you could even find and create partnerships with exchanges, and gain more popularity for your website.

As a trader myself, I personally do not need to use any tools like this since I can just create an excel sheet with formulas and that serves the same exact purpose.

But not everyone knows how to do that and would rather have it automated by your website. So yeah, I think you might be on to something.

Good luck! Grin
legendary
Activity: 2702
Merit: 4002
I liked the idea of collecting many things in one place, and I do not remember that there is a site that offers a similar idea, but I have some notes:

 - BITCOIN TRANSACTION FEE: You need to develop it better so that the results obtained are closer to what you get from services such as https://mempool.space/
 - Dependence on third parties: I see that you rely on third parties to fetch data and update values, and this may lead to a slow response to the site.
 - Modify some interfaces: For example but not limited to:

jr. member
Activity: 65
Merit: 9
Hey everyone!

I am an enthusiast trader and a year ago I had this idea to create a free-to-use website that would feature all the most essential and useful tools/calculators that traders and investors use on a daily basis.

Website: https://www.tradingdigits.io/

There are dozens of cool projects that provide excellent analytics and tools for the crypto industry, but it was kind of weird to always have five different websites (or more) open in the browser at the same time to get hold of all the analytics/tools I needed. I think there is a lack of some product that provides access to all these tools at the same page.

Also, even if there are websites that provide lots of analytics for traders at the same place, they are usually highly specific and therefore look somewhat confusing, complex, and difficult to understand for casual traders.

So I learned to code and created it, which took me 12 months. The first sections were made by a developer that I hired whilst I was learning programming, but these days I tend to code all new features myself.

Satoshi Calculator: Calculate SAT to USD and vice versa but also SAT to altcoins in real time. Switch to SAT to ALTS mode, choose the crypto of your preference, and calculate how many satoshis is a certain amount of the crypto you chose and vice versa.

Funding Rates: Check real-time funding rates for perpetual swaps from Binance, ByBit, OKX, and Gate.io, updated every 15 seconds. We’re one of the only two websites on the Internet that provide access to live funding rates from multiple exchanges and the only website that lets you search for some particular coin by its name.

Gas & Fees: This page features both Ethereum gas tracker and Bitcoin transaction fee tracker. Find out real-time ETH transaction fee in gwei / USD (low, medium, and high) as well as the real-time low, medium, and high Bitcoin transaction fees in USD and sat/vB all on the same page.

Position Size: Use this advanced position size calculator to plan your spot, long, or short trades with risk management. I tried to make it both graphic and technical, but it’s still in beta and I’m planning to add more features to it soon.

Market Cap: Compare the market cap of two coins of your choice and find out what the price of the asset 1 would be if it had the market cap of the asset 2 and vice versa.

Fear and Greed Index: Get a clearer picture on the current crypto market feel to be able to catch the tops and bottoms of the market. We're the only website that provides access to the averaged monthly historical performance values of this index.

BTC, DXY, SPX+: A chart that provides real-time correlation between the values of Bitcoin, US Dollar (DXY), S&P 500, Nasdaq, TOTAL1, TOTAL2, and Gold to know where the market may be heading next.

Exchanges: Discover the world's biggest cryptocurrency exchanges ranked by highest daily volume and find out which of them provide the lowest crypto trading fees.

BTC/ETH Returns: Detailed historical performance analytics for monthly and quarterly Bitcoin and Ethereum returns to find out what time of the year the market tends to perform better.

Bitcoin Halving: Find out the exact dates on when the 2024 Bitcoin halving would happen and see detailed analytics on BTC prices before and after all past halvings.

Portfolio Tracker: Track portfolio holdings of any crypto wallet on Bitcoin, Ethereum, and Tron blockchains in real time, without signing up, and completely for free.

Crypto Heatmap: Use this multi-category heatmap to find out whether the market's most important coins—TOP 50, L1, AI, GameFi, DeFi & more—are in the green or red today.

Other self-explicative tools include Cost Averaging (DCA) calculator, Percentage calculator, Stablecoin Peg, Economic Calendar, CME Gap, and BTC Dominance.

I’m actively working on the project and in the following months at least 5 new analytics tools will be added to the website.

If there are some other analytics tools or calculators that you'd like to see on the website (maybe you can't find something you're looking for on the web or you already use some specific tool but it's not made in a user-friendly or modern way) please let me know and I'll include it in the list of the new features to add to the website.

Feedback and your opinions would be highly appreciated. Feel free to ask any questions and thanks a lot for your time and attention.
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