A Simple Trading Signal Dashboard for Cryptocurrencies

in #bitcoin8 years ago

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Below is the dashboard for reviewing information for many of the top cryptocurrenices for short to mid-term trading.

Here is a summary of the indicators used:

Relative Price: Current Price / (day) Moving Average

RSI: Relative Strength Index (0–100) — Used to determine if the currency is overbought or oversold.

EMA: Exponential Moving Average. This indicates if the previous day has crossed the Fast EMA Histogram signal for a trade entry indicator.

Bull Engulfment: Is a traditional Japanese Candlestick indicator used to signal a price reversal.

It is calculated by determining if the past three days has been in a uptrend.
The current days open is below the previous day close and the current day close is above the previous day open.

Bear Engulfment: Reverse indicator or Bull Engulfment.

Kirokimi (Bull Indicator): Calculated if past three days are in downtrend, if current day open is lower than previous close, and if current close if more then 75% above median day price. This is a less reliable indicator but is useful to determine if downtrend will reverse.

Kabuse (Bear Indicator): Reverse indicator of Kirokimi.

The Trade Signal is comprised with a “BUY” Signal if the current Relative Price is less than 4, the RSI is less than 50 and if the Bull Engulfment is positive. The other indicators add weight to the signal.

Use this link to download and refresh on a daily basis:
Bitcoin Price Analysis

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https://www.dropbox.com/sh/mzv1ldnbjtfhh5z/AADWb7rEcwf5TjNrDA4lTBzea?dl=0

Let me hear your thoughts on this!

I’m new to trading on technical indicators and looking to improve my analysis.

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