chartingshow / documentation

Documentation for Charting Show
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Add Feature: Stablecoin Flows Algorithm #14

Open summercms opened 10 months ago

summercms commented 10 months ago

Enhancement idea

Description

The algorithm looks at the movements of Stablecoins and calculates the net money flow.

Inflows are defined when Stablecoins deposited into the exchange wallets are more than Stablecoin withdrawal from the exchange wallets, this is a bearish trading signal.

Outflows are defined when Stablecoins withdrawn from the exchange wallets are more than Stablecoin deposited into the exchange wallets, this is a bullish trading signal.

Links

https://www.investopedia.com/terms/s/stablecoin.asp

https://www.bankofengland.co.uk/explainers/what-are-stablecoins-and-how-do-they-work

https://en.wikipedia.org/wiki/Stablecoin

summercms commented 5 months ago

Merge to Core code and Crypto Market algorithms.