very useful and interesting discussion @blockchainfo I have a question: can the tool and ATI be used to target any one particular alt coin token?
If so what is the minimum requirement in terms of volume / market cap etc for the ATI to work.
Secondly
I only process stock market data, not sentiment information. These seem to me not very reliable and the offset is wrong. With us, when ATI exceeds 3.0, you can be sure that the alts will go up.
Now this is interesting and quite a different approach as I myself was at point trying to develop a strategy for a trading bot which used AI which intern took inputs from social media trends as a measure of sentiment to gauge a trend and a breakout
@crypto.piotr that is an interesting observation you make about the markets being nascent and still developing but we humans have a tendency to look for trends and look for predictions .
Any way this looks far more advances and worth a study
Hi @thetimetravelerz, thank you for your comment.
Those indexes are simply connected to the data extracted from most major crypto exchanges including deposits and withdrawals of specific cryptocurrencies and also the order books and the executed orders.
Registration is for free and you see 1 week delayed data - so you can do the backtest for yourself if it is a good tool for you or not. Check it out here https://controlaltshifts.com.
To your question - yes you can see there particular altcoins in your watchlist - there are over 500 coins at this moment (right now ZIL and BAT seems to be in uptrend). For online info and notifications, you need to pay some fee. But if you use those tools for trading, it´s worthy for you. It´s for your safer trading. Right now the ATI is 0.91 so it means sideways action - so I would stay off the altcoin market (for most altcoins) right now.
Thanks for the info.
Appreciate the detailed explanation.
Would try and see how it works for me
Posted using Partiko Android
Thanks for the info.
Appreciate the detailed explanation.
Would try and see how it works for me
Posted using Partiko Android