Market Screener
Market Screener reveals when traders' 24h volume is near its selling or buying maximum over the last 30 days.
Types of traders:
🐢 - Turtles a.k.a. Casual Traders with $10k-$100k of a trading volume in the last 30 days
🦈 - Sharks a.k.a. Active Traders with $100k-$500k of a trading volume in the last 30 days
🐳 - Whales a.k.a. Heavy Traders with $500k+ of a trading volume in the last 30 days
Market Screener is an indicator based on a stochastic oscillator and our custom metrics m and s. Market Screener reveals when traders' 24h volume is near its selling or buying maximum over the last 30 days.
- 1.We calculate the custom metric m for every 24h.
- 2.We determine the length of the market screener bar by comparing the current metric m with previous m_min and m_max values over the last 30 days.
- 3.If s < 0.5, the bar is red and the 24h trading volume is closer to its minimum over the last 30 days. If s > 0.5 then the bar is green and the 24h trading volume is closer to its maximum over the last 30 days.
Last modified 8mo ago