bitcoin. StockSharp

Slope and Retracement in technical analysis.

2022-11-03T09:37:58Z

💥 Learning to observe Slopes and Retracement A novice trader should have some basic knowledge in this regard as well. In order to use it as a tool to find a time to buy or sell. Be it the Forex, bitcoin, crypto market or the stock exchange in general, the same principles apply to technical analysis.

💥 Okay, even though we know the trend and the change in trend, and have identified preliminary trading signals, being overly confident might not always be beneficial. Reversals are crucial and highly valuable in technical analysis. This is because they refer to the slope correction, or what is called the "slope zz" of the trendline in Western terminology.

From Figure 1, it can be seen that the trend has many lines and the trend is adjusted to different angles. It is not that the trend has only one line and cannot be dragged by others. The rules for drawing the line There may be a variety of methods but the most popular should understand the rules of adaptation also known as retracement.

💥 In Figure 3, it can be seen that when the price reaches a certain level, for example, 100 euros, there is a decrease. At this level, the price should have the opportunity to rebound to the original trend at approximately 38%, 50%, or 61%. If the price drops after going up 100€, it should bounce back after going down 38€ (38%). If it keeps going down, the next support will be at 50€ (50%), and it should rebound. However, some technical analysts do not give as much importance to the 50% level as the 38% and 61% levels. It should not be more than 61€ (61%) because the chances of the trend changing from an uptrend to a downtrend are already very high. Therefore, one should prepare for the trend reversal.

💥This rule is applied to create a speed line (Figure 3), which is a trend line with its own set of rules. The height is divided into three parts from the point where the price is currently moving (1) to the base level where the starting point rests. This creates two trend lines: one showing the 38% level and the other showing the 61% level. This is just one example of optimizing the trend line.

💥The trend lines drawn have different slopes depending on the situation. However, every time the share price weakens and goes down to the support line from the trend line, it has rebounded at least once, also known as a rebound. Some people may use this as a moment to exit the market by selling their stocks. This is suitable if the trend is a downtrend. But if the trend is an uptrend or is about to change from a downtrend to an uptrend, anyone who exits the market may regret it because once they sell, the share price often surges higher than the selling price. Therefore, selling should be considered at the right time.

Advantages and Disadvantages of Technical Analysis

2022-10-27T16:57:34Z

Benefits of Technical Analysis

💥At this point, I would like to highlight the benefits of technical analysis, as many people perceive it solely as a means to play the stock market and generate substantial profits. However, the true benefits extend beyond that and include the following:

👉1. High Flexibility: Technical analysis can be applied to various financial markets, not just limited to stocks. It can be utilized in international money markets, interest rates, gold, Bitcoin, forex, cryptocurrencies, and more. In contrast, fundamental analysis may not easily translate across different markets. Additionally, technical analysis can be adjusted and tailored for use in different timeframes, whether short-term or long-term.

👉2. Time Efficiency: Technical analysis helps shorten the scope and duration of study. When time is limited or there are opportunity costs involved, technical analysis focuses on the net effect of the cause rather than delving into the root cause itself. This allows for quicker analysis and decision-making. Time never waits for anyone, and technical analysis acknowledges this reality.

👉3. Early Price Movements: Sometimes, price movements occur before fundamental analysts discover the underlying causes. Due to the global and interconnected nature of markets, there are numerous factors influencing price movements. While fundamental analysts may eventually identify the true causes, prices can be continuously affected by other factors. Traders who rely on money or stock trading cannot always wait for the real cause to be known as they may be at a disadvantage competing with other traders.

👉4. Time-saving Analysis: Technical analysis saves time by allowing analysis of a larger number of markets. Fundamental analysts may be limited to specializing in a particular business group due to time constraints and the abundance of data. In contrast, technical analysis enables us to examine price movements across various industries more efficiently and quickly. It provides a broader perspective and facilitates a better understanding of the overall picture.

👉5. Market Timing: Technical analysis helps determine the timing of market entry for stocks. It provides signals that aid in deciding when to enter and trade stocks or when it may be prudent to stay out of the market during a particular period.

💥In summary, technical analysis offers flexibility across markets, saves time, captures early price movements, analyzes a broader range of industries, and assists in market timing. It provides valuable insights for traders and investors to make informed decisions in their trading activities.

Some Disadvantages and Misconceptions about Technical Analysis

👉1. While technical analysis can help limit the scope and shorten analysis time, relying solely on the final outcome of an event may render the analysis inadequate. It can leave one vulnerable to stock manipulation, which can be mitigated to some extent by setting predetermined stop levels. It is crucial to have the courage to cut losses swiftly when faced with unexpected price movements in the market. Failure to do so may lead to a more significant problem, as the number of losses needing to be cut increases.

👉2. Utilizing technical analysis without comprehending the underlying concepts can be perilous. For instance, using a trend-following system in a sideways market may result in frequent trades with minimal profits or barely covering the broker's commissions. Therefore, if one wishes to be a technical analyst, it is essential to grasp the concepts of the tools to be employed and integrate them with the direction of the market movement.

👉3. Some investors mistakenly believe that knowing technical methods allows them to buy at the lowest price and sell at the highest price. However, in reality, no tool or technique can consistently achieve this. Technical tools primarily indicate when to enter or exit the market, as well as when there is confirmation of a potential trend change. However, by the time a real trend change is confirmed, one may have already missed the lowest or highest point. Nonetheless, technical analysis can help reduce the risk associated with incorrect entry and exit points. It is important to note that technical analysis does not guarantee the attainment of maximum profits.

💥In addition, the signals of technical analysis do not always have to be correct. No tool is 100% foolproof. Users of technical tools must be disciplined and accept when analysis yields inaccurate results. It is important to prepare for such situations by setting stop losses, which means admitting that you were wrong at a certain point and deciding to sell (or buy back, depending on the case).

Crypto index in crypto trading!

2020-09-29T13:33:22Z

Crypto trading is a type of trading and therefore we should admit that as well as in classic trading, crypto trading has its own index. [wink]

The index reflects the condition of market of crypto currencies, based on average market indicators. As in classic trading, the index in crypto trading formed on data from the most liquid tokens. The amount of taken tokens displayed in the title. If there’s a number 10, then it includes 10 different crypto currencies. The change of every of these tokens has a high effect on the index. [ninja]

The growth of the components of the index therefore the index will be rising. If the rate of crypto currencies is decreasing, then the index will be cheaper. [wink]
Index is kind of basket of several components. Crypto trader can choose which components he wants and monitor all of them. [happy]
You might need an index chart to analyse the market. If the index is most common, then the chart will be shown in the appropriate resource.
But what if the index of trader portfolio investment is individual? For creating such index, the Hydra program will be indispensable. Hydra can collect the volume of each assets, calculate, and build the necessary index, moreover you can use this index in other programs just by saving it in your desirable format.[love]
The gotten index can give you detailed and comprehensive data of the market condition. Furthermore, to work with index will give traders the opportunity to analyse the market perspective and any assets. The trader gets more effective system of crypto trading and therefore to get more benefits and reduce risk. [wink][love]

Principles for trading cryptocurrencies part 3

2020-09-15T12:49:16Z

Today we’re going to talk about one of the most important financial instruments is an order book. It is formed by all sell and buy orders on crypto exchange. An order book is the list of orders which uses to record the interest of buyers and sellers of chosen cryptocurrency for fiat money or any other cryptocurrency and taking in consideration the closest price of trading pair.[laugh]

Sometimes it's crucial [ninja], especially in arbitrage, to have an opportunity to trade with several order books at the same time. This option is fully implemented in S# programs. For instance, the working area of free trading terminal S#, Terminal allows the trader to configure it so that it would has the very informative picture of the whole trading process. [nerd]

Every order book gives the full information about the volume offer and its price. The number of offers is the order book depth. The ability to customize the book order depth also is important part of trade, as it gives you the ability to see the whole list of offers. It's often that in the upper part of order book are placed bid offers and in the down part is ask offers of selected security.[happy][love]

By fact, the order book shows the desire of trading of cryptocurrency at a favorable rate of a trade for a trader. When an opposite trade is appeared, trade is executed, and the pair price is changing in the direction of the executed trade. If the order doesn't have any counter offers, then it remains without any changes until the counteroffer moment or the cancel it by trader.

What we see on the picture that based on data of the order book, a trader can perform the analysis or make decision about trade move on. So for example, a trader can determine the spread of a traded pair (the difference between the first values of the bid and ask prices), as well as predict the behaviour of graph chart (if there is large buy orders, then rapid growth is highly likely, and vice versa). Therefore, having the option to customize the book order, the trader get a great flexibility in a trade that will bring a big profit and/or lesser risks.

Cryptocurrency trading strategies

2020-08-18T13:46:33Z

We’ve discussed about crypto-trading previously and today we continue our talk![happy]
Let’s take a look at one of the methods given by trader Hacker Moon and explain everything in details.
What is this method about and how to implement it? The base of this trading method is lied in a very simple action - to store your coins. The trader considers storing the several types of coins for a long-term period while monitoring the market and selling other tokens the price of within a day started to increase and vice versa.[wink]

The perform this type of trading is quite logical, right? However, you should understand and take into account that different exchanges trade different coins. And trade with various different crypto-exchanges, not just exchanges is pretty complex process and you have to be extra careful.
Most of crypto-exchanges such as Bitfinex, Binance, BitMEX and others, should be connected through connectors.

The StockSharp company developed a truly unique solution for traders, where each and single one can simply buy all required connectors in combination with our free trading platforms such as S#.Shell и S#.Designer give you a great opportunity simultaneously work with several crypto-exchanges! The use of this connection allows you to get all helpful tools and earn profit from growth of token market capitalization while the trading strategy itself don't take much of your time.[wink]

This trading technique is very simple; besides, it will decrease your risks since you handle with changing assets during the day, sell higher and buy lower. In fact, a trader does a diversification of assets by savings redistribution.[ninja]

Read more about our software programs to know and apply all possibilities and be able to fully manage your strategy by reducing risks and increasing profits.[love]

Crucial solutions in creating trading robots

2020-08-11T13:48:03Z

Traders may face a problem if they want to create trading robots and one of the issues is the lack of programming knowledge. Not every trader can be a programmer. A trader may simulate a good trading system but have zero coding knowledge. Even if you know of the programming languages very well, you might need to learn another one but if you have 0 knowledge of programming then it can be very challenging. Of course, you can buy trading robot but always keep in mind that it’s not perfect and may have some bugs or problems which lead to difficulties in modifying trading robot. [nerd]

No worries here, there’s a solution. For example, our trading software - S#.Designer. It has the functions to create trading robots even with 0 knowledge of programming with help of cubic system which represent an individual elements of trading strategies. And at the same time such strategy won't be having less functionality or reliability. S#.Designer can combine and use the blocks (cubic) of code making strategies more flexible by your wish.[happy]

Another disadvantage of trading robot is considered the lack of analyzing the current market conditions and trends. For sure, a trading robot is not an artificial intelligence and mostly depends human knowledge, however the knowledge of market with its technical analyse may minimize the problem. Using market data or other trading tools such as indicators or indexes which consist in S#.Designer in a large amount, you will be able to create a robot more loyal to the market, expand the conditions, functionality and possibilities to react to a particular trading situation. [wink]

Automated trading systems can participants of the exchange market huge opportunities for a trade, provide some benefits over those manual traders. In any market, a trading robot always perform its embedded algorithm. However, you must know, that a trading robot
only a tool and you have to know monitor its work in order to correct some problems showed up. A trader should understand that S#.Designer is not just create a robot, but also fill it with intelligence and logic, adding additional features and conditions. It also takes a step forward in creating more interactive and complex logic trading strategy that makes decision based on inputs which increases its profitability. [love]

The benefits of using a trading robot

2020-08-04T13:16:01Z

The use of trading robots nowadays is essential part of trading and its process. In today’s article we will explain all advantages and benefits along with successful approaches of using trading robots.

1) The trading robot itself can’t make a mistake but only if a trader made this mistake by creating this robot. For example by creating a trading robot with S#.API program, the user using tested and debugged libraries what makes the whole process of developing a trading robot way easier and the strategy itself is more stable. By placing an order, a correctly built a trading robot doesn't make any technical or syntactic errors, thus we don't face any failures and losses, as for example if the order has been placed manually.

2) A trading robot has a technical ability to track hundreds of quotes at once instantly react at market changes, make necessary calculations by operating with a large number of conditions and a big amount of information making the right decision correlating to the base algorithm. The API library allows you to create a robot whose speed of data processing makes it possible immediately take into account the trends and conditions of the market. Traders which don't use trading robots are forced to reduce the amount of trading tools, increase the use of time intervals (timeframes) and leave the idea of perspective but complex trading systems.

3) A trading robot doesn't have any psychological effect or influence, it works based on algorithm written in the code what makes it reliable and stable tool for placing orders and the whole trading process.

4) Once you developed a trading robot then you don't have to spend days around the monitor rather let your advisor to handle all the work and monitor 24/7 the whole trading process and put orders. Only what you need to do is manage conditions and strategy behavior by using a library.

5) Ease and simplicity of a program for creating robots - S#.Shell and stable libraries S#.API allows you to fill your trading strategy with additional features setting and installing new tools such as SMS notifications and remote control of trading systems.

We's explained some positive aspects of trading robots and in a next article we will analyse some disadvantages and try to reduce its impact on your trading strategy.

Connecting to Bitmex-watch the video! Don't miss the benefit!

2020-06-16T16:40:45Z

A great tradition to start the week with good news!
Bitmex - one of the largest crypto exchanges has become even more accessible for trading!

First of all:
- Our new video will tell you how to connect S#.Designer and start trading according to your strategy!

Secondly:
- Only 4 days of 15% discount on the purchase of a Bitmex connector!
Get a connector for just $425, instead of $500, so as not to miss out on the benefit!

Start trading on favorable terms!

The connection to Binance! Video demonstration!

2020-06-10T17:43:48Z

Hello everyone! We have created a video and invite you to watch it. We show how to connect to Binance in a couple of minutes!

You are not yet trading on Binance using our platform, aren't you? Then this offer is for you!!!

Only in the next 3 days, the connector to Binance is available for lifetime with a 15% discount!

Click on the link and the Binance connector is yours!!!

Hurry up the offer is only valid for 3 days, do not miss the opportunity to start trading with profit!

3th crowdfunding - CoinCap and TradeOgre are available!

2019-02-21T15:56:54Z

Hello all! We continue work on our 3rd crowdfunding project and today we inform you about delivery the next 2 crypto connectors: CoinCap and TradeOgre.
Everyone who has taken part in fund-raising can get them here.

For others we would like to remind that our campaign is unlimited by time and content, so only you decide which connector will be provided. We develop any connector to any exchange for only $300!
Just now you can get and use connectors to Digifinex, BitBank, Quoinex, Zaif, CoinCap, and TradeOgre.
We are not losing optimism about cryptocurrency and invite you to join the campaign today.
To increase your interest just before the February ends ordering any new cryptoconnector you'll get any 3 ones from the 3rd round for free!
Join the campagn and order the connector you can

>>Here<<

New crypto algorithms

2018-03-12T14:07:14Z

Hello, dear friend!

As you already know, we launched the second stage of crowdfunding for the crypto connectors on March 1st. This time, we did everything in a new way, including with regard to algorithms.

We will now provide algorithms without black boxes. All participants will be given strategies with source codes. To be the best in the market, unique settings are required for algorithms. Sometimes this is not possible without changing the code. We will be fully open to the supplied automation.

In this article, we describe the algorithms set up especially for you. This is our technical assignment. We specifically provide complete information BEFORE you choose to participate.

Synthetic arbitrage

This idea is similar to our main crypto robot, Edward. Synthetic arbitrage is built on a long combination of BTC/ETH/LTC//ETH/BTC. Connectors to exchanges, where there are similar coins, are set for the strategy, and then it independently chooses the convergence-divergence on the found pairs to track the arbitrage situation.

Edward-Crypto News
For those who use Edward-Crypto (напиши нам по указанным ниже контактам, если хочешь получить и эту стратегию). За счет значительно продвинутой модели торговли у существующего Эдварда, для него синтетический арбитраж будет возможен с опцией автопоиска нужных пар. Н(write to us at the contacts specified below if you want to get this strategy). Due to the significantly advanced trade model of the existing Edward, synthetic arbitrage will be possible for it with the option of auto-searching for the necessary pairs. For example, BTC/*/LTC/*/LTC/ETH/BTС. The program will automatically select an effective coin as pairs to search for arbitrage divergence. This option will be available only to users of Edward-Crypto!

Pump detector

This is a special automation, tracking the growth of cheap coins with cosmic returns in a few hours. The robot can either monitor and generate a signal or actively enter the position and exit it after a certain movement to take profit. The robot will track all coins on all available connections. Of course, we are talking about very cheap alts, where you can increase your deposits 10 times a day. The main advantage of the algorithm is to get out in time, but the robot, of course, will be faster than our hands.

Carrier

It's very simple - the transfer of money from one exchange to another by the robot. Auto selection of the cheapest coin for transferring, for example, BTC positions through intermediate conversion to cheaper cryptocurrency, i.e. Vertcoin, Ripple, etc.

Modularity
The key point behind all of the strategies being developed is modularity! All of our strategies are run in unlimited quantities within the same program. Edward-Crypto will also act with new strategies, all in one bundle. The Converter will work, for example, in a pair with arbitrage strategies, watching for an increase in positions on certain exchanges.

We hope that this ambitious change in the second round will be even more interesting for you!

Have any questions? E-mail us at info@stocksharp.com and we will be happy to answer any of your questions.
Do not put off the decision, just now one algorithm can be obtained for only 1000$, then the minimum investment will be doubled!!!

Are you ready?

The Pump Detector. Catch pumps with us!

2018-08-22T18:29:14Z

Hello dear friend!
Today we provide the third and final algorithm from our second crowdfunding!
We have tried to make it simple and easy to use for you. That is what we show in our video.
To catch the Pump with this program is very lucky.
Join us and make money on altcoins with just one mouse click!
You may get this robot by two different ways:

If you are the Pump Detector participant already then you need just to use this link!
If you are not with us yet, then simply join our project.

Take in mind, this robot is the final product of our campaign, so just before this week ends we keep the minimum contribution in just 1000$, later 2000$

>>Join now! <<

Cryptoconnector's delivery!

2018-05-31T16:39:49Z

Hello All!
We start delivery of the next connectors from the second crowdfunding round
Cause at the previous new we haven't got any feedbacks, we have selected the most popular connector from your requests.
That's why today 31st May 2018 we provide connector to the:

BitMEX

The second round participants can download it from here
If you haven't taken part in our campaign it is the time to do it for only 100$! After tomorrow the contribution for ready-to-use connector will increase to 400$

>>Join us<<

Synthetic Arbitrage is ready!

2018-05-21T15:21:19Z

Dear friend!
Today we are very glad to present our first algorithm of the second crowdfunding round!
On our video, we tried to show the main features of this robot. And it is impressive!!!
We know, that you want to try it ASAP, so:

If you have already taken part in our campaign, you can read the instructions and get the robot here!
If you have not with us yet, you can do it just now and

>>Join us! <<

Synthetic Arbitrage is ready! Last chance to get!

2018-05-17T16:21:29Z

Dear friends!

Our new robot - synthetic arbitrage for cryptocurrencies has finished last tests! IT IS READY!

For crowdfunding participants it will be available on 20th May!
You have last chance to enter with the best deal!
Only today and tomorrow we reduce the donation for the ready-to-use robot to 1000$, as it was at first days of the campaign! We will finish the fund-raising and close new participations tomorrow!

Make money on crypto arbitrage with us!

I want it!

We are starting synthetic arbitrage

2018-03-27T19:42:30Z

Hello, dear fiend!

Our second crypto crowd reaches new highs, and we are again finishing tasks ahead of schedule!

Welcome new crypto connector - Binance! Published and available for download (link grant access only for crowd investors!).

Today we start new connector CEX.IO. Conditions are the same like in the first crowd campaign - low prices at the beginning, highest pricing at the end. Sp today the connector available only for $100 invest. After tomorrow - $1000.

And now the most important news - we begin to develop our first algorithm of this campaign - Synthetic arbitrage.

The algorithm estimates the price convergence / divergence of the crypto currency based on the chain of pairs BTC/LTC/ETH/DOGE/BCC/*/*/*/*/*/*/BTС. The robot picks pairs automatically! Set the maximum length of the chain only - the robot will do the rest!

One time invest for the synthetic arbitrage $1000 today. After tomorrow - $2000.

We really-really appreciate for your support, and will continue to develop and improve the crypto-direction of our entire platform.

Are you a investor of the first round? You have 30% discouns (email us to get more details).

Have any questions? E-mail us info@stocksharp.com

>> Join us in altcoins crowd <<

Cryptoconnectors. Pre-round!

2018-02-09T16:18:05Z

Hello! Just recently we have completed the creation of connectors to 10 crypto-exchanges:
Bitfinex, Coinbase, Kraken, Poloniex, GDAX, Bittrex, Bithumb, HitBTC, OKCoin, Coincheck.

In the coming days we will launch the second round of the campaign. We will develop and supply connectors to new exchanges!
To understand which exchanges are most popular among you, we want to ask: "Which exchanges should be included in the next round?"
Write in the comments to this topic, and we will certainly include your wishes in the list!

Those who are late and did not participate in the first round, the opportunity is still there! Learn More!

Crowdfunding reopened! Only 1 day!

2018-01-31T15:47:18Z

Friends, we reopened our crowdfunding campaign for 1 day!
Join us today, and tomorrow you will get results! Watch the video what we did in BTC arbitrage!

To join just:
1. Select the best option for you:

cryptoconnectors with our Terminal;
cryptoconnectors and perpetual support in our forum;
cryptoconnectors, perpetual support in our forum and next crowdfunding round for free;
cryptoconnectors, perpetual support in our forum, next crowdfunding round and robot for automatic arbitrage;
cryptoconnectors, perpetual support in our forum, next crowdfunding round for free, robot for automatic arbitrage and full source codes of all cryptoconnectors;

2. Make contribution
3. Getting the products already tomorrow
4. Start earn money on cryptocurrencies (not only BTC)!

Hurry up! The offer is valid only today!
If you have already joined the campaign before, only today, you can upgrade your participation level by using previous fees. For more details, e-mail to lesson@stocksharp.com

>>Join the program! <<

S#.Terminal - new release 4.3.27.1

2017-09-15T14:24:22Z

Hello everyone

We've just released a new version all our product - S#.Terminal. We really appreciate a feedback. Every day we receive your messages. Thank you for your help.

Major features and options:

1) No jokes! It a free charting application. Try it right now (no cards, no trial). We do trading tools for all of you. Wanna support up? Please buy our training.

2) Support any markets, any instruments (stocks, FX, bitcoins, futures).

2) Easy to plugin you favorite broker or exchange. Developer's guide, C#.

3) Join multiple accounts and connections into single app.

4) Only Japaneses candles? Sure not! Cluster chars with market profile are included.

5) Full source code available. You can add any feature, or make our own custom product use our White Label program .

>> Download <<

BTC vs BTC. Arbitrage!

2017-11-08T02:39:55Z

Recently, interest in crypto currencies has grown in leaps and bounds. New exchanges have opened, hard forks, ICO, new crypto-currencies are being created and this whole movement generates a huge sea of opportunities.

One of these opportunities will be discussed in this short article.

Not so long ago, we launched the crowdfunding project to create new connectors to 10 crypto-exchanges (Bitfinex, Coinbase, Kraken, Poloniex, GDAX, Bittrex, Bithumb, HitBTC, OKCoin, Coincheck), while the two connectors to Wex.nz and Bitstamp are already implemented in our platform. This project would not be needed if the currencies were traded more centrally, but the number of exchanges already exceeded a few dozen. More connectors, more stable trading, and more entry points for arbitrage bitcoins and other popular crypto currency.

The target function of any exchange is to match buyers with sellers, but the price of an asset at which bidders are trying to make a deal can be different! Since the digital assets economy is just beginning, this difference can be very significant.

This fact gives rise to the possibility of so-called arbitrage - to buy assets when they are cheaper and sell when they are more expensive.

Let's see an example. The screenshots below of exchanges are further made at the same time.

GDAX BTC order book:

BTC quoting by $7 313,88 price.

For the same BTC on Wex.nz

Same BTC but price already $7 373
Another exchange - Poloniex:

BTC has a price of $7 323

No comments ;-)

Join our shared campaign of creating new connectors and we will provide you with technical tools for arbitrage between exchanges (and, consequently, earnings on this strategy). Particularly important, we will provide an automated trading robot, which has already been performing arbitrage trading with Bitcoin for almost a year.