Crypto Screener and Volatility Tracker for Scalping — Markets Watcher Algorithm

‍Markets Watcher in the MoonTrader terminal is an algorithm (bot) for monitoring the crypto market. It tracks volatility, trading volumes, and other parameters in real-time, allowing scalpers to filter data according to specified parameters and receive notifications about market movements. In this article, we'll analyze the functionality and main settings of Markets Watcher.

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Advantages of Markets Watcher for Traders

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Flexible settings: Traders can filter assets by volume, delta, funding rate, and schedule, adapting the screener to their strategies.

Speed: A unique advantage of installing the terminal core close to the exchange is the lowest possible latency (ping) between the exchange and your bot, which sends notifications or launches other algorithms based on received signals. Data updates up to 4 times per second, which is ideal for scalping and HFT trading.

Automation: Triggers allow you to integrate Market Watcher with trading bots for automatic trade execution.

Wide coverage: Supports popular exchanges (Binance, Bybit, OKX) and hundreds of trading pairs.

Convenience: MoonTrader's intuitive interface simplifies data setup and analysis.

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Main Algorithm Parameters

Parameters based on which you want to receive notifications in the terminal or via Telegram, automatically open a chart of the needed asset for quick trading, or launch other algorithms based on signals.

• Signal on price change in percentage over a period of time (from minute to 24 hours)
• Signal on volume increase in percentage. Compares a long time period with a short one (both values from 24 hours to 1 hour).

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Market and Trading Pairs Selection

Market Watcher allows you to select the market type (USDT-M, Spot, Margin) and trading pairs for analysis. You can specify particular pairs (e.g., BTCUSDT, ETHUSDT) or groups (USDT), as well as exclude assets through a blacklist.

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Funding Rate Filter

This filter is only available for USDT-M and COIN-M markets.

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Trading Volume Filter

Traders can set a range to select pairs with the necessary liquidity.

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Delta Filter

Traders can enable/disable filters and configure the time range and deltas (in relative or absolute values) to determine conditions for placing orders. This way, coins can be filtered by volatility or growth/decline.

More complex conditions can be created from multiple deltas, for example, to catch deviations from the main trend.

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Filter by Another Asset's Delta

Ability to add a filter based on another asset, for example, BTCUSDT.

Algorithm Schedule

Trading according to a schedule can help traders avoid increased volatility from key events, trade during specific trading sessions, and so on, depending on your strategy.

Trigger Generation

Market Watcher generates triggers/events with unique keys that can be used as commands to launch other bots and automate trading.

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