March 28, 2023

Market Change Indicator

Market Change Indicator

Analysis of the cryptocurrency market on the dynamics of changes in the prices of individual coins does not allow us to estimate the inflow and outflow money to the market as a whole.
To evaluate the dynamics of the market, an indicator of market size change that we developed is integrated in the Easytrading trading terminal.
The horizontal line allows you to separate the positive dynamics from the negative.
Green indicates the value for the USDT market, white for BTC.

The market size change indicator allows you to visually assess the dynamics not by the total trading volume and price changes, but by a complex formula that includes these components.
It is known that a sharp change in the value of the main cryptocurrency, with trading volumes above 40% of the total, entails changes in the price of other coins.
To take into account the contribution to the dynamics of changes in the entire market from each coin, our indicator takes into account the percentage of price changes and trading volume.
By collecting all the data in one value, you can quickly and clearly evaluate the inflow or outflow of money from the market.
Accordingly, the most favorable time for a purchase is at the moment the inflow of money into the market begins, and it is more reliable to sell when money begins to leave the market.
The current indicator value for the selected market is displayed in the upper left corner of the terminal.

Thus, using this indicator as a filter during trading according to the built-in strategy, the efficiency of inputs increased by 10% when testing on history.
On separate pairs and timeframes up to 30%. A tool is built into the terminal interface to evaluate the effectiveness of this filter in a particular trade.