Remember, to see traders profit and loss, we have to track the account P&L for each blockchain participant - not something we can do in stocks or Forex. In crypto, we can actually see when traders sold at a profit or a loss.
As a follow up. DexBars is really slow right now. Just remember this is only phase I. Am working on a solution to have machines doing the number crunching for us. Stay tuned. I hope it’s all feasible.
Excellent bit of analysis -Few traders understand how much volume plays in understanding trends. I uses a On-Balance Volume oscillator indicator on Trading View which I use to confirm market signals.
Hey man once you release the "secret" thing you' re working on, make sure you make a short beginner friendly course just so that beginners can understand what's going on and how the tool exactly works and what makes it different from others.
Hoping to do a trading course without coding, just a walkthrough of daily trades for profit so that we can dispel a lot of myths and incorrect subjective info on trading using some objective approaches.
Can we get someone in the community to look at dex inflows / outflows and provide an SQL dashboard? With volume and dex flows , we can pre-empt buy / sell move?
You want to get an API key from Bitquery and also add an app within their Dashboard. Within this, you will get a client id and client secret too. I’ll probably cover this in more detail on the Code Raiders YT channel when going into tool specifics soon for you
which mev bot arbiratge is not a scam, so far a lof ot youtube come out, especially with three button to deploy at remix....which solidarity of mev bot arbirate is not scam or fake one ?
hello sir, I'm trying to trade Pairs Trading using zScore so I made a zScore charts using HTML, CSS and JS. I did it but I traded when zScore is at 1.5 and -1.5 but I lost when zScore goes up from 1.5 to 3 and I closed at 0.5 because goes down back. How can I manage risks. Please help me.
Congrats on all that effort! Here are some things that might help. However, remember I don’t trade for a living so have no right to tell you what to do. Here are some thoughts: - trade position sizing based on Kelly Criterion - trade as many uncorrelated pairs as possible (diversify risk by not having many trades trading the same asset) - trade pairs with low bid-ask spread and avoid commissions wherever possible.
CryptoWizards is there a tool i could use to see the best pair to make an arb trade? I have a great doftware that finds the pairs on polygon but if i could have an added tool it also executes the trades. I would love a chat with you if poss. Or i will just join and find out by using your service. Loving the videos, keep up the great work
I’m so with you on this. I’ve been nervous to bring out an execution tool due to regulation, but think I see a transparent way of doing this. Thanks for the valuable feedback.
Remember, to see traders profit and loss, we have to track the account P&L for each blockchain participant - not something we can do in stocks or Forex. In crypto, we can actually see when traders sold at a profit or a loss.
As a follow up. DexBars is really slow right now. Just remember this is only phase I. Am working on a solution to have machines doing the number crunching for us. Stay tuned. I hope it’s all feasible.
Excellent bit of analysis -Few traders understand how much volume plays in understanding trends. I uses a On-Balance Volume oscillator indicator on Trading View which I use to confirm market signals.
Thanks for sharing that info!
dude, you are the goat. so much alpha in this video!
Thanks man, I’m biased but share your view completely 🍻
Hey man once you release the "secret" thing you' re working on, make sure you make a short beginner friendly course just so that beginners can understand what's going on and how the tool exactly works and what makes it different from others.
Am planning on doing an actual trading course with this in mind.
@@CryptoWizards That would be awesome, so that we can learn the fundamentals along with how to use your tool!
Ok great. Love the feedback thank you
Nice this is a advanced form of renko chart. Have you got this working on equities too in your wizards group. Good work.
Just focussed on crypto data as the volume of data is manageable.
Have you tried applying statistical models to this dataset?
Amazing work bro
Thank you so much 🔥
another fab informative video
Thanks for the encouragement mate
Good stuff, Ty
🚀
So can we actually trade cryptos with these type of charts? So when volume is going up we enter a long to keep it simple?
What I’ve seen so far is that when lots of traders are selling at a loss, it’s a great indicator that there’s not much sell pressure left.
@@CryptoWizards I see thank you great advancement congrats 👏
great to see a valuable tool being shared .
whats upcoming course in udemy ?
Hoping to do a trading course without coding, just a walkthrough of daily trades for profit so that we can dispel a lot of myths and incorrect subjective info on trading using some objective approaches.
Can we get someone in the community to look at dex inflows / outflows and provide an SQL dashboard? With volume and dex flows , we can pre-empt buy / sell move?
Do you mean inflows and outflows in terms of minting and burning or exchange flows? Both sound like a good idea
Thanks a lot for the grete product. However, I'm not able to connect to bigquery, where should I take the api credentials from?
You want to get an API key from Bitquery and also add an app within their Dashboard. Within this, you will get a client id and client secret too. I’ll probably cover this in more detail on the Code Raiders YT channel when going into tool specifics soon for you
Could you add SOL chain?
You read my mind! Working on it
Yes please do
really excellent work!!
will you share how you implement the volume-weighted bar chart in subscription? (both BE + FE)
Definitely. I’m going to cover the technical stuff on the Code Raiders YT channel.
which mev bot arbiratge is not a scam, so far a lof ot youtube come out, especially with three button to deploy at remix....which solidarity of mev bot arbirate is not scam or fake one ?
Love it!
Awesome. Im hooked on it too. Can't wait to get through the hardware issues right now as version 2.0 is really going to be something.
hello sir, I'm trying to trade Pairs Trading using zScore so I made a zScore charts using HTML, CSS and JS. I did it but I traded when zScore is at 1.5 and -1.5 but I lost when zScore goes up from 1.5 to 3 and I closed at 0.5 because goes down back. How can I manage risks. Please help me.
Congrats on all that effort! Here are some things that might help. However, remember I don’t trade for a living so have no right to tell you what to do. Here are some thoughts:
- trade position sizing based on Kelly Criterion
- trade as many uncorrelated pairs as possible (diversify risk by not having many trades trading the same asset)
- trade pairs with low bid-ask spread and avoid commissions wherever possible.
Great thank you
Thanks for being a wizard
CryptoWizards is there a tool i could use to see the best pair to make an arb trade? I have a great doftware that finds the pairs on polygon but if i could have an added tool it also executes the trades. I would love a chat with you if poss. Or i will just join and find out by using your service. Loving the videos, keep up the great work
I’m so with you on this. I’ve been nervous to bring out an execution tool due to regulation, but think I see a transparent way of doing this. Thanks for the valuable feedback.
@@CryptoWizards so what regulation would you need? I have software that executes so does it need to be regulated even on the Dex exchanges?
All the trades are recorded on the poly chain. Everything is done in one block. AAve loan paid back and profit straight into my MM
more accurately volume imbalance moves price
Crypto guru
Lol, I need to wear my guru wizard hat for the next video
It doesn’t work for BTC, help
Good point, adding to upgraded version.
@@CryptoWizards Amazing, thank you. I tried BTC/USDT but it’s it still says no data available. Really looking forward to that one
stream together?
only for crypto? how about for forex?
Not possible, way too much volume per second and cost of data through the roof