CryptoAlgoWheel — Tech Monitor

How to use CryptoAlgoWheel TechMonitor?

1. What is CryptoAlgoWheel — Tech Monitor?

CryptoAlgoWheel TechMonitor provides technical trading indicators for Top 10 cryptocurrencies based on aggregated market data for multiple markets and multiple frequencies.

2. TechMonitor Functions

2.1 Supported Cryptocurrency

TechMonitor supports Top 11 CryptoCurrencies, including BTC, ETH, LTC, BCH, BSV, ADA, XRP, XLM, EOS, BNB, TRX.

Source: CoinMarketCap.com

2.2 Supported Frequency

CryptoAlgoWheel TechMonitor supports four frequencies:

• 15 Minutes
• 1 Hour
• 4 Hour
• 1 Day

2.3 Supported Markets

CryptoAlgoWheel TechMonitor supports multiple markets:

• USD Market
• USDT Market
• BTC Mark

3. Technical Indicator Spec

CryptoAlgoWheel TechMonitor provides 8 technical indicators, including momentum indicators and DMI indicators

3.1 Momentum Indicators:

• MACD

period_fast = 12

period_slow = 26

period_signal = 9

if MACD_histogram > 0:
    return bullish
if MACD_histogram < 0:
    return bearish
else:
    return neutral

• SMA

period_fast = 10

period_slow = 30

if MA_fast > MA_slow:
    return bullish
if MA_fast < MA_slow:
    return bearish
else:
    return neutral

• ADX: period = 14

if ADX <= 20:
    return no trend
if 20 < ADX <= 35:
    return weak trend
if 35 < ADX <= 50:
    return medium trend
if ADX > 50: 
    return strong trend

• KDJ

period_kfast = 9

period_kslow = 3

period_dslow = 3

if J > D:
    return bullish
if J < D:
    return bearish
else:
    return neutral

• OBV

period_fast = 10

period_slow = 30

if OBV_fast > OBV_slow:
    return bullish
if OBV_fast < OBV_slow:
    return bearish
else:
    return neutral

3.2 Directional Movement Indicators (DMI):

• RSI: period = 14

if RSI >= 70:
    return overbought
if RSI <= 30:
    return oversold
else:
    return uncertain

• BBands:

period = 5

nbdevup = 2

nbdevdn = 2

matype = SimpleMovingAverage

if Close >= upperband:
    return overbought
if Close <= lowerband:
    return oversold
else: 
    return uncertain

• W%R: period = 14

if W%R >= -20:
    return overbought
if W%R <= -80:
    return oversold
else:
    return uncertain

4. Contact Us

To contact CryptoAlgoWheel, please

• send email to info@cryptoalgowheel.com
• join Telegram group: https://t.me/cryptoalgowheel

Risk Disclaimer

CryptoAlgoWheel is not a registered broker, analyst, investment advisor or anything of that sort. Everything that we provide here is purely for guidance, informational and educational purposes. All information contained herein should be independently verified and confirmed. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Please be aware of the risks involved with any trading done in any financial market.