# Market Screener

<figure><img src="https://3551900137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO2nrmwh_DoxKc1v80n%2Fuploads%2FHhG9FZmdhgnB3Nmw6Tp9%2FScreen%20Shot%202023-01-18%20at%206.05.22%20PM.png?alt=media&#x26;token=9a3b1a12-2c6c-47b5-b47b-62a064282adc" alt=""><figcaption></figcaption></figure>

Types of traders:&#x20;

🐢 - **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

## How is the Market Screener bar calculated?&#x20;

Market Screener is an indicator based on a [stochastic oscillato](https://en.wikipedia.org/wiki/Stochastic_oscillator)r 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. <br>

   <figure><img src="https://3551900137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO2nrmwh_DoxKc1v80n%2Fuploads%2FpBWhZ1GmnVp5qK1v2Uic%2F002.png?alt=media&#x26;token=c2d255c7-e2e2-47a6-a16e-c319b1c0b648" alt=""><figcaption></figcaption></figure>
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. <br>

   <figure><img src="https://3551900137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO2nrmwh_DoxKc1v80n%2Fuploads%2FB0CrFcXZS5YdYwEaQelN%2F003.png?alt=media&#x26;token=5674ca10-f7f3-4774-88ad-0922262074d2" alt=""><figcaption></figcaption></figure>
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.<br>

   <figure><img src="https://3551900137-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-MO2nrmwh_DoxKc1v80n%2Fuploads%2FGU4S7CzpQroscn1pvvJm%2F004.png?alt=media&#x26;token=0f9704ca-7148-4182-814f-b03047c10787" alt=""><figcaption></figcaption></figure>

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