Trading platform

Menu
  • About Us
  • Contact Us
  • DCMA
  • insurance
  • insurance 2023
  • Privacy Policy
  • Sample Page
  • Terms and Conditions
Menu
 
 

TrendSpider Update: New Data Types: Crypto Fear and Greed Index and Dark Pool Volume

Posted on July 12, 2022 by admin

Hello all, and welcome to another software update from your friends in TrendSpider. In this update, we have added two new types of really interesting data to the platform; Index of fear, greed, and volume of the dark pool. Let’s dig!


Cryptographic Fear and Greed Index

The Crypto Fear & Greed Indicator is a high-level measure of the overall market sentiment towards Bitcoin. It is calculated using a number of factors that have different weights:

  • volatility (25%)
  • Momentum / Market Size (25%)
  • Social media (15%)
  • Dominance (10%)
  • trends (10%)
  • Undisclosed factors (15%)

The indicator can be accessed via the “Other data” button. To add it to your chart, simply check the box next to the “Fear & Greed Index (Crypto)” option. It will appear as a low indicator at the bottom of your chart, as shown in the image below.

You will notice 5 unique colors inside the indicator. Each color represents a level of ‘fear’ or ‘greed’, and the colors are identified as follows:

  • extreme greed (light green)
  • Greed (dark green)
  • neutral (gray)
  • Fear (dark red)
  • Intense fear (light red)

dark pool size

Depending on the market you’re trading, the share of dark pool activity can vary greatly. For some stocks, hardly any trades happen outside of public exchanges. However, for others, up to 70%+ of trading activity is run inside a dark pool on a regular basis.

If you are not familiar with what Dark Pool is, Investopedia defines Dark Pool as;

‘…a specially regulated financial forum or exchange for the trading of securities. Dark pools allow institutional investors to trade without exposure even after the transaction has been executed and reported. Dark pools are a type of Alternative Trading System (ATS) that gives some investors the opportunity to place large orders and make trades without publicly disclosing their intentions while searching for a buyer or seller.

On TrendSpider, we have this data annotated so that we can now view the share of trading activity that takes place outside of public exchanges at a given time.

This is a picture of the weekly SPY chart with the dark pool data visualizer below the chart

In order to access the Dark Pool Volume indicator, simply click on the Other Data button and check the box next to the “Dark Pool Volume (US Equity)” option.

There are two important things to note before using Dark Pool Volume Data:

  • Data is of weekly accuracy (1 data point per week) and lags 3 to 5 weeks.
  • For stocks and ETFs, our historical DWM volume data always includes Dark Pool data.

We hope you find these new types of data useful and, as always, if you have any questions, feel free to reach us via chat via the Contact Us button in the lower right corner of your chart!

  • Crypto
  • dark
  • data
  • Fear
  • Greed
  • Index
  • Pool
  • TrendSpider
  • types
  • Update
  • Volume
  • Leave a Reply Cancel reply

    Your email address will not be published. Required fields are marked *

    Recent Posts

    • Stop relying solely on technical indicators, and save your account
    • How to start trading with $500 (approx) risk free
    • How long do I need to day trade (and work) each day?
    • The Crazy Benefits of Fundamental Analysis (Even for a Day Trader)
    • AI Stocks: How to Trade and Best List 2023

    Recent Comments

    No comments to show.

    Archives

    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022

    Categories

    • Forex Trading
    • Uncategorized
    ©2023 Trading platform | Design: Newspaperly WordPress Theme