New Feature: Dominance Algorithm

[summercms]

Enhancement idea

• Code new Dominance Algorithm.
• Remove old Stablecoin algorithm and code new one into this Dominance Algorithm.
• Removed old dominance algorithm code.
• Update Doc's.
• Connect Crypto Market Algorithm to new Dominance Algorithm.

Description

The "Dominance Algorithm" is a comprehensive tool designed for analysing cryptocurrency market dynamics. It tracks the dominance of Bitcoin, major altcoins, minor altcoins, and Stablecoins to provide insights into potential trading opportunities. It uses a unique algorithm to generate real-time trading signals based on market dominance shifts, trend analysis, and stablecoin flows.

Key Features

• Market Dominance Tracking: Tracks the dominance of Bitcoin, major altcoins and minor altcoins.
• Stablecoin Analysis: Option to include stablecoin metrics with a choice between Tether USDT, Circle USDC and other Stablecoins.
• Trend Analysis: Uses Exponential Moving Average (EMA) to smooth dominance data and identify trends.
• Real-time Trading Signals: Generates potential buy/sell signals based on market conditions.
• Altcoin Season Detection: Identifies potential altcoin season beginnings and endings.
• Customizable Appearance: Offers options for dark and light themes, adjustable themes and background colouring based on market sentiment.
• Alert System: Provides alerts for dominance shifts, significant dominance differences, altcoin season events and stablecoin flows.
• Data Window: Displays real-time analysis in a customizable table format.

Links

n/a

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