Relative Volume is not calculated during Extended hours, only during regular trading sessions. To achieve this, the volume of each bar from the table above is multiplied by the corresponding price (in USD). The CEX screener also uses a preliminary conversion of volumes to USD to calculate relative volume at a time. Relative Volume at Time however – instead of taking the last 10 bars – only takes the average volume of a single bar per day (for the last 10 days), whichever bar corresponds to the current time. For example, we’re calculating Relative Volume at Time on 5 minutes (5m) time frame 17 Oct `22 at 10:30. It takes the average volume of each 10:30 5 minutes bar for the last 10 days. Calculates the relative volume based on that data. Screener calculate Relative Volume at Time only for 5 minutes bars.

How do we calculate Relative Volume. For crypto pairs in the CEX screener, a similar calculation is used, but with a preliminary conversion of all volumes to USD. Relative Volume consists of Volume divided by Average Volume, where Average Volume is a Simple Moving Average, calculated on the basis of the past 10 periods (not taking into account the current volume bar). Relative Volume at Time? It takes the last 10 bars and makes an SMA, and then divides the volume by this SMA to calculate Relative Volume.

The various trade bots are the meat. Long bots, short-selling bots, composite bots ranging from simple to sophisticated bots catering to traders of all skill and experience levels. The term bots is short for robots – www.pipihosa.com/2023/11/10/solanas-sol-rallies-20-in-a-day-erasing-woes-of-past-18-months/ – , but that may be a stretch when it comes to the basic bots, which are just a series of pre-set conditional execution orders. The simple bots enable the equivalent of one-cancels-the-other (OCO) conditional orders with price and percentage-based trailing stops. Potatoes of the platform.

This also opens up the marketplace for custom programmed bots and options to select different levels of sophistication in terms of strategies and management. While it takes effort and continuous monitoring and calibrating, 3Commas is a great starting point towards achieving that dream. Every trader has the dream of creating a bot that makes them steady income with little to no effort. The platform operates with one of the largest crypto exchanges. Continues to expand its reach from the 23 it currently serves.

Users can pinpoint performance leaks stemming from strategies, management, and psychological maladies that may be mitigated and even remedied through automation and utilization of the trading bots. The portfolio management aspect is the obvious benefit of this platform as it provides a bird’s eye view of all your digital trading accounts across multiple exchanges. Users can create or use existing crypto pairs watch lists complete with customized alerts and trade bot signal implementation.