PA - PRICE ACTION SCANNING MODEL
Scans coins on the timeframe for the RANGE of candles and filters out any that dont meet the THRESHOLD of gains in PRICE in the RANGE of candles.
MODERATE
We also try and filter out any coins that have bounced from a higher high (or met with resistance) over the past day. It isn't perfect, and could still miss a few.
Removes any with volatility % greater than 20% of their price in the last 24hrs
Also removes any where the volatility is greater than the recent price movement
STRICT
As above
Removes any with volatility % greater than 10%
VC - VOLUME CANDLE SCANNING MODEL
Scans coins on the timeframe for the RANGE of candles and filters out any that dont meet the THRESHOLD of gains in VOLUME in the RANGE of candles.
This is only for coins that I am able to get the OHLCV data for, which at present excludes DEX (most new coins)
Momentum (MOM) is how many candles in the RANGE are green. We signify good with green and poor with yellow (less than 60%)
We get the average height percentage of the recent RANGE volume candles vs the rest of the day, and if we are above 10x, we are green and below zero, yellow.
MODERATE
We also try and filter out any coins that have bounced from a higher high (or met with resistance) over the past day. It isn't perfect, and could still miss a few.
Removes any with volatility % greater than 20% of their price in the last 24hrs
Also removes any where the volatility is greater than the recent price movement
STRICT
As above but removes any that do not have 100% momentum of green candles
Removes any with volatility % greater than 10%
TA - TECHNICAL MODEL
This is more suited to a bull market or BTC ranging market where altcoins are popping.
You can make a much more informed choice with indicators flagging coins.