Automated Cryptocurrency Trading

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Interpreting charts

1. Introduction to charts

The main charts page gives 1 week view for the added up total - 'all exchanges together' where our automated trading system can place trades - buy/sell orders.

An additional link - 'side by side comparing' gives statistics individually for each of the exchanges that we use for trading.

As we accumulate statistics on trading we will place links and pages with - 12 weeks (84 days) view, and 52 weeks (364 days) view.

The pages are updated constantly, non-stop, every 24 hours. There are links on the 2 chart pages to this article and notes on exchanges.


2. Potential trades, matched trades and realized trades

Before going over charts details the user of the automated trading system has to have basic understanding of the types of trades.

Out automated trading system collects non-stop pricing information on multiple symbols from multiple exchanges. The system makes a prediction for the buy/sell price of a symbol and this is actually the 'potential' trade.

When the automated trading system finds a price match (the price did reach a specified value), first for the buy price, and then for the sell price this becomes 'matched' trade.

Our Telegram channel is actually continually broadcasting specifically the 'matched' type of trades.

The automated trading system uses the buy pricing of a 'potential' trade to place an actual buy order, and if the order is fulfilled the sell pricing of a 'potential' trade is used to place an actual sell order. If the second order is fulfilled as well this becomes a 'realized' trade.

While the potential trade and the matched trade are 'on paper' predictions of a trade, the 'realized' trade is placing real buy&sell orders on a specific exchange.

The completion of the 'realized' trade will depend on -
- total trade volume and level of liquidity on a specific exchange; low trade volume and/or level of liquidity will result in partially filled orders, and/or in a long timing for completion of the buy/sell order.
- the amount of the currency chunk (CUR_CHUNK); some exchanges have minimum order quantity (MOQ) of a specific cryptocurrency; there maybe a case if the amount used for currency chunk is lower than MOQ multiplied to price quote in fiat currency -
                 CUR_CHUNK < MOQ * price quote
in this case the exchange will reject the buy/sell order request;
- total amount of fiat currency in the wallet of the user on a specific exchange; if there are multiple previously placed buy orders, there may not be sufficient fiat currency to place an order; for details refer to - worst case scenario in the article

In general the count of trades is as follows -
                 potential trades > matched trades > realized trades

The potential trades and the matched trades are generated by our data collection system, however the realized trades are generated by the user's device. For details on the functions of the data collection system and the user's device please check this foundational video -
introduction to automated cryptocurrency trading.

We are able to show on a web page the potential and the matched trades. As the realized trades depend on the choices of the specific user we are showing them privately to the user.


3. Interpreting 'all exchanges together' charts

The upper part of the main charts page shows 7 days view of potential and matched trades. Each day shows 4 statistics:
- Daily percentage of gain for Potential trades
- Daily percentage of gain for Matched trades
- Daily count for Potential trades
- Daily count for Matched trades

Placing the mouse cursor over a specific part shows enlarged view with the column title and the exact number.

The lower part of the main charts page shows 7+1 days cumulative view of potential and matched trades. Each day shows 2 statistics:
- cumulative percentage of gain for Potential trades
- cumulative percentage of gain for Matched trades

The first day of the chart is set to 1 day before the 7day period and starts as 100%. The following 7 days add their percentages of gain to the total.

For example, if the Daily percentage of gain for Potential trades of the first day on the upper chart is 20%, then the cumulative percentage of gain for Potential trades of the same day will show 120%.


4. Interfering 'side by side comparing' charts

The upper part of the main charts page shows 7 days view of potential trades. Each day shows statistics for each one of the exchanges - Daily percentage of gain for Potential trades .

The lower part of the main charts page shows 7+1 days cumulative view of potential trades for each one of the exchanges. Each day shows - cumulative percentage of gain for Potential trades of the specific exchange.