Daytrading/Scalping in Crypto markets

Good morning and good trading week to all!

Just open a terminals and see situations in the glass. The rest up to u.

Hi Sir,

Quick couple of questions that I would hope to have your advice.

I noticed that in your screenshots, I do not see the DOM of the SPOT (as suggested by CScalp to use as a reference). Do you strictly use the DOM of the futures or do you have the SPOT DOM somewhere else in the screen that you will use to refer.

Regards

One loser, well closed it at Break Even.

Thought price was around the bottom and noticed big enough limit buys so placed my order in front of it, aimed for 0.4% more or less
but closed since price didnt seem to go up. But perhaps im just being impatient

No big deal, new trades are around the corner.

One more trade, couldnt catch the screenshot since i was trying to focus.

Saw imbalance on the chart (got a notification) then drew my zone. Price wicked it before but i was to late.
Then i noticed in the clusters several high volume nodes (2 times) and price went below that.

I took that as a confirmation to go short. Took 0.6% on the way down.

Came back home, noticed an imbalance zone, and spotted the glass for some reason to enter.

Saw some clue in the clusters (price had bigger volume node levels on the prior bars) and we were above those, coupled with the imbalance
i thought to see i entered long for approx 0.5% profit.

Not sure if the use of the clusters is done correct but thats how my mind connected the dots.
My stoploss would have been around the cluster levels (the 26K realized one)

Hi Hline,good to see you here again)

If we speak about imbalances- look at this one) GMT spot on FTX. The participant was buying with market orders/ticks 24k contracts each. As you remember I call it "distribution", it lasted about a couple of minutes -enough to catch/collect some good profit .Spread/Volatility catching/collecting ability here is a must and very important. Yes sometimes if you are on a duty market gives generous presents like this.

Regards!

Hi vqs!

Look I try to find in the glass the reason why the price moves, if I don't see a reason on a future glass I turn my attention to spot/ and maybe on the spot or future of the same instrument on a different exchange-so it depends,but it doesn't mean that every time I find this cause of price moves,there are a lot of non understandable moves for me, but if you are concentrated enough sooner or later you will find an understandable situation with adequate loss/profit ratio.

Regards!

No real trading today but made some new attempts at detecting robots in the glass.

Bit overwhelming, its grouping now on sizes and i've got no limit set so all 'bots' are displayed lol.

I can see the potential indeed. Seems to be able to get some numbers from it.
Actually i went long when GMT-PERP made the wick/squeeze since a robot of 500 seems to be active and then it stopped so
thats when i made a long for 0.5%.

On the way up, pinbar it again triggered the 500 robot down and so i went with it for another 0.3%

Guess i need to clean it up more before jumping in.
Hope you guys are doing good!

Thanks Machinator!

Hmm the 24Ks are not displayed right, or are those marked with the little arrows?
Nice job!

Yes the spread collecting needs to be done again. Need to re-watch the vid i think.
But remember, im still on one monitor so take it easy on me So i might miss it a lot

Seems to work, or at least im on some good track.

Some bot stopped and it started another 500 and i decided to test it with one contract.
Closed at TP.

Thanks Machinator, back to coding!

Hey Hline, what is this robot detection program that you're using?

Hi anmos,

Its a work in progress. Im coding up my own Notification center which must help me find more probabilities to enter the markets.
Currently im saving all data again to run some analysis and see if i can tune the robot detection since its generating a lot of signals at the moment.

Hi!
(The text lower is in russian, to make sure I am expressing my thoughts accurately)

First of all I want to thank you for such a great thread on the form and such detailed answers and help.
I myself started scalping MOEX (in one of the props, the video from which was in the branch), but stopped, because I got stuck at the stage of finding a trading situation. If we are talking about forex trading by technical analysis - there I clicked not so great amount of currency pairs (once in half an hour - depending on the trading timeframe) and selected trading patterns. If we're talking about American trading (what I did in prop), the main indicator there is RVOL (ratio of today's volume to the average volume), with its help thousands of stocks are sorted and you trade the most interesting ones within a day.
But in the case of scalping everything is much more complicated, so I have a list of questions, based on this thread and personal experience:

1) Neither drive nor syscalp could handle more than 20 tickers at a time. The tickers just freeze up often and I don't seem to complain much about the PC power. I'm horrified looking at photos of 5-6 monitors with hundreds of glasses. Suppose that in the future I'll get a beastly PC, which will have enough power to handle so many monitors and tickers, but is it realistic to start earning with the condition that at the moment you can have ~ 20 glasses open.

2) I hope the answer to the first question is yes, so here is the next one - how to organize the search of the trading situation and the workflow in general. Let's say I added ~ 15 core coins, like eth, btc, ada and others, and also added 5 active coins from syscalp bot. Do I only add futures to the stack? Or futures and spot, because then there will be only 10 coins to follow (not to mention the recommendation to follow two exchanges as well ). Now I'm just waiting for density in cup, periodically changing list of active coins? I sat 8 hours today in such way, densities appeared of course, but the price didn't reach them. Is this process correct and productive? For example, there are density screeners, but again, they are for spot, and trading spot with small deposit is not profitable at all.

3) Taking into consideration the above-mentioned, is it realistic to find trading situations on a daily basis without a team? (I'm not talking about robots, because I don't understand how to find a robot of ~150 coins ( +spot + all the same at the second exchange ) by myself, even if we assume, that PC will pull 50 stacks simultaneously

4) What counts as density? For example I saw the definition that the bid must be greater than the average of the last three 10minute clusters.
I don't even ask questions about the trade itself yet, because until the process of finding the trade situation itself is established - I have no idea how to trade

Привет!

Первым делом хочу выразить благодарность за такую отличную ветку на форму и такие подробные ответы и помощь.
Сам я начинал скальпить MOEX (в одном из пропов, видео от которых было в ветке), но перестал, т.к. застрял на этапе поиска торговой ситуации. Если мы говорим о торговле валюты на форекс по техническому анализу - там прощелкал не такое уж большое количество валютных пар (раз в полчаса - в зависимости от торгового тф) и отобрал торговые паттерны. Если мы говорим о торговле Америки (чем я занимался в пропе), то там основной индикатор - RVOL (отношение сегодняшнего объема к среднему), с помощью него сортируются тысячи акций и ты торгуешь внутри дня самые интересные.

Но вот в случае со скальпингом всё намного сложнее, поэтому у меня образовался список вопросов, основываясь на этой ветке и личном опыте :

1) Ни привод ни сискальп не справлялись у меня с большем, чем 20 тикерами одновременно. Стаканы просто замирали частенько и на мощность ПК я вроде не особо жаловался никогда. Я с ужасом смотрю на фотки 5-6 мониторов с сотнями стаканов Предположим, что в перспективе я наскальплю на зверский ПК, которому будет хватать мощностей на такое количество мониторов и тикеров, но реально ли начать зарабатывать с условием, что на текущей момент можно иметь одновременно открытыми ~ 20 стаканов.

2) Надеюсь ответ на первый вопрос да, поэтому вот вытекающий - как организовать поиск торговой ситуации и вообще рабочий процесс. Допустим я добавил ~ 15 основных монет, типа eth, btc, ada и прочих, а также добавил 5 активных монет из бота сискальпа. Я добавляю стакан только фьючерсные? Или фьючи и спот, потому что тогда вообще именно монет за которыми я буду следить будет всего 10 (это уже не говоря о рекомендации следить еще и за двумя биржами ). Теперь я просто жду появления плотности в стакане, периодически меняя список активных монет? Я сегодня таким образом просидел 8 часов, плотности конечно появлялись, но цена до них не доходила. Правильный и продуктивный ли это процесс? Например есть скринеры плотностей, но опять таки они для спота, а торговать спот с мелким депозитом совсем не прибыльно, а торговать фьючерсы по стакану спота требует опыта.

3) Учитывая вышесказанное, реально ли самому без команды на ежедневной основе находить торговые ситуации? (я уже не говорю про роботов, потому что как самому глазами найти в нужный момент робота из ~150 монет ( + спот + всё то же самое на второй бирже ) я прсото не понимаю, даже если предположить, что ПК потащит 50 стаканов одновременно

4) Что считать за плотность? Например я видел определение, что заявка должна быть больше среднего значения за три последних 10минутных кластера.

Пока даже не задаю вопросы о самой торговле, потому что пока не налажен сам процесс поиска торговой ситуации - не представляю как и торговать

Hi Sir,

May I ask what specs are your computer, seems like 80 glass requires a lot of computing power to operate?

Best Regards

Hi!

You are welcome .The thread is not going ahead ,but what can I do) A couple of years ago when I first time saw DOM it was like a shock ,like something as a trader I had been looking for a long time in years.
As per trading as profession it will be always complicated ,because of market conditions changes permanently. It is a game of probabilities, where the only value you can calculate is a size of your loss etc etc etc ,but let me not to bring the whole Mark Douglas quotes here )

1. If you didn't learn to trade 5 DOMS at the moment with the stable results ,you will loose yourself in front of more (10,20,30...... It is truth old like a word ,you should go ahead with a little steps.It doesn't matter how much money on your account if you can't trade 200 USD account in profit, surely you will lose lets say 5K usd accounts faster because of mental pressure.
The number of DOMS don't give you statistical advantage before you learn to trade in profit. The number of DOMS gives you more instruments to monitor,but if you are not able to read the DOM and find situations with perfect loss/profit ratio sooner or later you will blow up your account. The first step to any profitable trading is to cut loses when the situation you entered is over or disappeared. The DOM trading is never a theory -it is a everyday practice . When you can detect a good MArket/or a situation(where you can load more of your buying/selling power) from a bad one and make this constantly ,so you can proudly call yourself a trader.

2. My results for the last week was +2K usd in tota-lnot the best week l,why- because the market was in a crazy flat not the best market to make money. You say that you monitor market for 8 hours and found nothing- I think nothing xtraordinary happened. There are a lot of situations when the instrument goes 40-50% per a couple of hours but I have no trade on it, because I can't detect a situation in the DOM.
In an Ideal word you could trade from any density in the DOm , but this is a Real MArket -highly competitive environment-where all are gathered to make a little bit of money for his pocket. So if the density is in good support /resistance location all the market participants wants to enter from this(Starting from the scalpers and bigger participants),so if the price doen'st reach a density ,or an owner of a density decide to remove it is standart trrading situation, nothing to be surprised.
I don't understand your statement, that trading spot with small deposit is not profitable, if so -the same is actual for a big deposits.Here and there one percent of profit or loss is the same.

3.It is not even realistic it is a what i do every single day.I am not trading in a team, sure I have a couple of friends with whom sometimes on a weekly basis we discuss the market, but the the rest time -it is me and the market only.
I write somewhere in the thread -I will repeat, the best way to grow when you are starting is to start trading with the team with the same level of participants as you .Nothing disturb you to collect this team here ,open an discord and trade together. As for me from time to time I will be glad to join you and help as much as I can. The other way for you as you are Russian speaker to buy a course from a prop company, there are a couple of worthy , and join the team with the team leader they provide. But don't think that they will always point situations to trade, nobody will perform this job instead of you.

4.Not bad definition of a density at all.You can use it and through you practice and correct it if needs . For me if we not speak about BTC and ETH but the rest of majors in most of the cases the limit order more than 500K-1 Million in US dollars is a density. On non liquid instruments this can vary from 100K-500K in us dollars.


++++++ In your private massage I didn't answer and asked to post in the thread you asked how the guys on robot video I have shared detect the robot. This robot the last year on binance come about more than 1.5 month sometimes on the same hours on different instruments SXP,Sushi and on a couple of the other ones, so the trader on a video was ready for it,the trading situation was familiar to him and he was ready to load maxiumum buying power he could

Regards and have a good trading week!

Hi!

I have 6 28 inch 4k monitors, and two computers. This one https://www.amazon.com/HP-Desktop-Ge...e-73bfa3ee44fe runs 4 monitors ,and my old one Ryzen 2700X + Radeon RX 580 runs the rest 2.
Both computers connect to each other ,so I use only one mouse and keypad through this program https://www.microsoft.com/en-us/down....aspx?id=35460
And as a Cscalp allows 40 Doms at a time I use this program https://sandboxie-plus.com/ to open the second Cscalp on the same computer.

Regards!

Thank You Sir! That is a very very good computer. I'm sure an investment will pay off in due time. You had mentioned a couple of times now in this thread about having a discord, I think that is very beneficial for all traders to share ideas and learn from one another.

Hi All,

Looking for like traders looking to share ideas & learn together. Please join via this link.

https://discord.gg/2WrnxCs6uj

Dear Machinator, please pop by and join, your expertise and guidance is highly sought after.

Regards

Good afternoon!

Once again, thank you very much for your response!

I think the branch is going really well and will grow exponentially) Anyway I have enough questions
1) The question of a large number of glasses just because I generally could not and find where to make any trades just for training. I am familiar with the drive and the tumbler, but it was not beyond a couple-weeks acquaintance, because, I repeat, I could not find trading situations. And again, I just honestly do not understand how you manage to find densities even on 80 stacks, given that you do not use screeners or other notifications.

2) About missing - I'll still ask in the PM, because most likely discussing it here may lead to the blocking of the post

3) Created a chat room (plus if necessary, there is also a voice communication) https://t.me/+29zaZUNiUkRlYmJi If suddenly it will be necessary discord, it will also be possible, I just do not have experience creating a branch discord.

4) Regarding densities. I definitely don't think it's right to determine that it's big just by its actual dollar size. Unfortunately now all screeners only read densities just in its actual size, which doesn't make any sense at all. A bid of 100,000 USD on two different coins makes completely different sense. On a liquid/volatile coin it will be eaten up in a second, on a sluggish coin the bid will be unbreakable for a year.
If we're talking about relative size, we win immediately in that we can be sure that the bid really counts as density, since its size depends on the average volume (as an example) and changes dynamically. In the file below I have collected examples of bids that you have posted in this thread (I hope that's okay) . For example I see that I can safely consider as a density an order that is 1.5 times the average volume of 600 candles on 10-minute timeframe.

Доброго дня!

Вновь большое спасибо за ответ!

Я думаю, что ветка продвигается отлично на самом деле и будет разрастаться в геометрической прогрессии) Во всяком случае у меня достаточно вопросов

1) Вопрос о больших количествах стаканов как раз потому, что я в общем-то не смог и найти где совершать хоть какие-то сделки как раз для тренировки. А не потому что я суперскальпер и мне уже 5 стаканов мало) С приводом и стаканом я уже отлично знаком, но дальше пары-недельного знакомства дело не пошло, т.к. повторяю я не смог найти торговых ситуаций. И опять таки я просто искренне не понимаю, как у Вас получается находить плотности даже на 80 стаканах, учитывая, что Вы не используете скринеры или иные уведомления.

2) По поводу пропа - я всё таки поинтересуюсь в ЛС, потому что скорее всего обсуждение тут этого может привести к блокировке поста

3) Создал чатик (плюс по необходимости там есть и голосовое общение) https://t.me/+29zaZUNiUkRlYmJi Если вдруг будет необходимость дискорда, то тоже можно будет, у меня просто нет опыта создания дискорд ветки.

4) По поводу плотностей. Мне определенно не кажется верным определять, что она большая только по её фактическому размеру в долларах. К сожалению сейчас все скринеры читаю плотности только как раз в её фактическом объеме, что вообще не имеет никакого смысла. Заявка в 100,000 USD на двух разных монетах имеет абсолютно разные смысл. На ликвидно/волатильной монете её сьедят за секунду, на вялой монете заявка будет непробиваема год.
Если мы говорим об относительном размере, то мы выигрываем сразу в том, что можем быть уверены, что заявка действительно считается плотностью, т.к. её размер зависит от среднего объема (как пример) и меняется динамически. В файле снизу я собрал примеры заявок, которые Вы постили в этой ветке (надеюсь не страшно ) . Например отсюда я вижу, что я могу смело считать плотностью заявку, которая в полтора раза больше, чем средний объем за 600 свечей на 10минутном таймфрейме.

Hi guys,

Took this trade this morning but exit could be better.
Just like the idea, thanks to Machinator!

Spotted the squeeze on GMT spot and then turned my focus to the GMT Future. Noticed some bigger volume for a short and took the trade.
Got some limit sell pending in case the price tried to re-attempt the squeeze but that didnt get filled.

Left on the pic is the future, right side is the spot. The small chart inset is the GMT SPOT where you can see the squeeze.

Its simple but i need to practice more and more.