Introducing the Crypto Imbalance Tracker, a cutting-edge tool designed to enhance your cryptocurrency trading experience. By providing real-time market data, our service helps you make informed decisions in a fast-paced trading environment.

The Crypto Imbalance Tracker utilizes advanced algorithms to analyze order book data from multiple exchanges, allowing you to monitor the imbalance between bids (buy orders) and asks (sell orders) for various cryptocurrencies. This crucial information can provide valuable insights into market trends, enabling you to optimize your trading strategy and potentially maximize your profits.

With our easy-to-use platform, you'll gain a competitive edge by staying ahead of market movements and making better-informed decisions.

Step 1: Customize Your Preferences

• In the "Settings" section, customize your preferences by selecting specific cryptocurrencies and exchanges you want to track. This will help you focus on the markets that are most relevant to you.

  a) Depth Percentage (%)

  • Set the depth percentage to determine the range of orders in the order book that will be considered for calculating imbalances. For example, a depth percentage of 10% means only the top 10% of the order book will be used in calculations.

  b) Imbalance Threshold (%)

  • Set the imbalance threshold percentage to filter out cryptocurrencies with lower imbalances. This allows you to focus on markets with more significant imbalances.

  c)Symbol Filter (comma-separated)

  • Choose the symbols you want to monitor. This allows you to control the level of detail and update speed according to your needs.

  d) Current Configuration Received from the Server

  • Review the current configuration received from the server, which includes your chosen settings for depth percentage and imbalance threshold. This information is displayed below the settings and provides an easy way to confirm your preferences.

Step 2: Familiarize Yourself with the Dashboard Components

• The dashboard consists of several components that provide valuable insights into the cryptocurrency market. These components include:

  a) Global Imbalance Stats

  • This section displays the overall imbalance between bids and asks in the market. A positive value indicates a higher number of bids, while a negative value shows a higher number of asks.

  b) Gauge Chart

  • The Gauge Chart provides a visual representation of the global imbalance percentage, with the needle pointing to the current imbalance value. This allows you to quickly assess the overall market sentiment.

  c) Imbalance Global Chart

  • The Imbalance Global Chart shows the historical trend of the global imbalance percentage over time. This helps you identify long-term market trends and patterns.

  d) Bar Race Chart

  • The Bar Race Chart displays real-time imbalance data for each selected cryptocurrency. Green bars represent more asks, while red bars indicate more bids. The Y-axis shows the cryptocurrency symbols, while the X-axis displays the percentage imbalance between bids and asks. This chart helps you quickly identify significant imbalances in the market.

  e) Individual Symbol Imbalance Stats

  • This section provides detailed information on the imbalance between bids and asks for each selected cryptocurrency symbol. Use this information to analyze individual markets and make informed trading decisions.

Step 3: Monitor Market Data in Real-Time

• Keep a close eye on the dashboard components to identify trends and potential market movements. By monitoring the imbalance data, you can gain insights into the supply and demand dynamics of your selected cryptocurrencies.

Step 4: Make Informed Trading Decisions

• Use the information provided by the Crypto Imbalance Tracker to make better-informed trading decisions. By staying up-to-date with real-time market data, you can optimize your trading strategy and potentially maximize your profits.

Step 5: Stay Informed

• Regularly check the Crypto Imbalance Tracker to stay informed about market trends and adjust your trading strategy accordingly. Our platform will continue to provide you with valuable data to help you make the best possible decisions in a dynamic trading environment.

By following these simple steps, you'll be well on your way to leveraging the power of the Crypto Imbalance Tracker to enhance your cryptocurrency trading experience. Happy trading!