Technical analysis and alerting
Browse assets by price and volume changes, volatility (ATR), correlation, and popularity. Conveniently, filters can be applied to the list of assets.
A trader chooses to trade BCHUSDT because BCH is one of the most volatile cryptocurrency at the time, and it has an elevated correlation with BTCUSDT.
Forex and cryptocurrency, directly streamed from FXCM and Binance. XAU, XAG, GBP, JPY, EUR, USD, AUD, NZD, CHF, TRY, BTC, USDT, ETH, XRP, LTC, BNB, EOS, BCHABC, TRX, XLM, etc.
Each indicator has conditions to indicate a specific sign. For example,
– the price above EMA 200 (condition) indicates
a long-term uptrend (sign) or
– RSI below 30 (condition) indicates
an oversold market (sign) or
– a double top pattern (condition) indicates
a trend reversal to the downside (sign).
Signs are a basis for a trade. A trader goes through the list of signs which help her to make a decision to buy/sell.
If the trader notices in the list that a bullish harmonic and a bullish reversal candlestick pattern have formed, it indicates that it could be an interesting opportunity to enter the market with a long position and trade the harmonic pattern.
If the trader sees in the list that there is an uptrend market structure (series of higher highs, an uptrend), the price is near an area of value (a support or a bullish trendline, etc.), and an entry trigger (e.g., a reversal candlestick pattern), the trader might decide to enter the market.
Automatic recognition and prediction of support and resistance lines, trend lines, triangles, wedges, channels, trend reversal patterns, harmonic patterns, candlestick patterns, etc.
If the asset forms higher highs, it is an uptrend and vice versa—if the asset forms lower lows, it is a downtrend. If these patterns are broken, i.e., lower lows in an uptrend or higher highs in a downtrend, it is an accumulation or distribution phase.
Support/resistance is defined by levels where the price bounces away, the volume and time of the levels.
The time has an inverse effect on the strength such that the level weakens when it was tested multiple times in the recent past, and vice versa—it strengthens when it was tested multiple times in the past (but not the recent past).
All lines with 3 or more reaction points are discovered. The strength of a trend line is defined as a number of reactive points.
Automated discovery of harmonic patterns, trend reversal patterns, continuation patterns, and candlestick patterns:
– gartley, bat, butterfly, crab, deep crab, shark, cypher – double/triple tops/bottoms, head and shoulders – triangles, channels, wedges
All our algorithms are heavily back-tested and forward-tested.
Targets list important levels such as highs, lows, support, resistance, trendlines, etc. where the price could reverse against a trader.
Based on the trading direction, the trader is presented with a stop loss and take profits along with Risk-Reward-Ratios.
The trader does not enter the market with a long position if there is a strong resistance in her way. In this case, such position is highlighted in red color.
A trader can base her decision on multiple time frames or any number of indicators; all in one chart. Conveniently, the chart supports trendline drawing, a Fibonacci tool, ruler, and text drawing.
For example, a trader can plot a 4h technical analysis on a 1h chart to observe whether the asset is in an uptrend on 4h while at the same time see the analysis on 1h.
3D chart enables to utilize an extra dimension, observe the chart from different angles, discover 3D patterns such as spirals.
The price forms spirals in an uptrend around a linear regression where the X axis is time, Y axis is price, and Z axis is MVWAP. A trader can assume another spiral movement around the linear regression or a breakout.
Alerts can be setup on top of the analysis and are evaluated every 3 seconds. A trader can select rules or combinations to define cases in which an alert should be triggered.
An alert is possible to trigger near automatically-calculated support or resistance, trigger on trend line breaks (drawn or automatically detected trend lines), triangle breakouts, trend reversals, harmonics, and more.
A trader configures to trigger an alert when RSI is oversold, price is near lower Bollinger band, and on close prices.
Tradiny has 99.9% availability according to an external server monitoring service.