LogoLogo
ConsoleScreener
  • Getting Started
    • Welcome
    • 📊Why TRDR?
  • Key Features and Indicators
    • 📚Order Book Indicators
      • Order Book Depth
      • Order Book Depth Overlay
      • Order Book Top Levels
      • Order Book Depth Totals (Liquidity)
    • 💬Sentiment Indicators
      • Open Interest / Open Interest Delta
      • Long/Short Ratios
      • Liquidations
      • Funding Rate
    • 📊Volume Indicators
      • Volume By Side
      • Cumulative Volume Delta (CVD)
    • Indicator Overrides
    • Metrics
    • Screener
    • ⏰Alerts
      • Alerts Console
      • Creating an Alert
      • Ready-to-Use Alerts
      • RSI Alert Example
      • Range Breakout Alert Example
      • FAQ
    • Widgets
      • Order Book
      • Order Book Depth
      • Order Book Changes
      • Alerts
      • Trades
      • Price Range
      • Bid /Ask Range
      • Watchlist
    • 🗄️Templates
    • 🖥️Layouts
    • 📈Multi Charts
    • FAQ
Powered by GitBook
On this page
  • BTC Diamond Spot + Perp
  • Purpose
  • Implementation
  • Diamond + Top Level
  • Purpose
  • Implementation
  • Alt Diamonds
  • Purpose
  • Implementation
  • Spot Double Overlay Bands
  • Purpose
  • Implementation
  1. Key Features and Indicators
  2. Alerts

Ready-to-Use Alerts

PreviousCreating an AlertNextRSI Alert Example

These and many other pre-configured alerts are available in the .

Here you can find some of the best alerts and describe how to create them from scratch. Click on the alert name to install it.

Purpose

Find the most likely reversal points on the BTCUSDT pair, using the confluence of Order Book Depth Ratio imbalances in the 1% - 2.5% range on both Spot and Perpetuals markets simultaneously.

The “Diamonds” is the name given to a particular type of alert popular among TRDR users. Diamonds trigger when there is confluence of demand in the 1%-2.5% range on both Spot and Perp markets. These alerts have been backtested to show a high level of accuracy on BTC and ETH pairs, and have also been used to great success on many alt markets.

Implementation

  1. We are starting with the LONG tab and choose the Grouped for Spot and Perpetuals BTCUSDT markets, so we can select the market type when setting conditions. Why do we need it? Because when we have imbalances simultaneously on both markets - we have a better probability of market reversal.

  2. As a source we choose the Order Book Overlay 1% - 2.5%. This means that we want to catch imbalances which are located near to price. This percentage range is statistically tested.

  3. For the Spot market we set the Ratio Greater than 70% and for Perpetuals market 40%. These percentages are statistically tested and work well for Long side. Note - we use the AND operator.

  4. Then we set the Execution to Real-time, Cooldown, Icon and Notification type.

  5. Now we can go to the SHORT tab and copy all our markets, sources and conditions. After that we need to change the Spot market Ratio to Less than -60% and Perpetuals market to -30%. These percentages are statistically tested and work well for Shot side.

Voila, we have finished setting up the Alert!

Now save it and press the start icon in the console!

Purpose

Find the most likely reversal points using Order Book Depth imbalances in the 1% - 2.5% range on both Spot and Perpetuals markets simultaneously, while the price approaches a level with a large Bid/Ask volume.

Implementation

  1. We are starting with the LONG tab and choose the Grouped for Spot and Perpetuals markets, so we can select the market type when setting conditions. Why do we need it? Because when we have imbalances simultaneously on both markets - we have a better probability of market reversal.

  2. As a source we choose the Order Book Overlay 1% - 2.5%. This means that we want to catch imbalances which are located near to price. This percentage range is statistically tested. Also we choose the Order Book Top Levels source.

  3. For the Spot market we set the Ratio Greater than 70% and for Perpetuals market 40%. These percentages are statistically tested and work well for Long side. For the Top Levels we choose the Bid side, set it to Top 4 for Spot, Top 3 for Perpetuals and the Maximum to 3%.

The meaning is: check if the 4 Top levels of the Spot Bid side OR the 3 Top levels of the Perpetuals Bid side are inside of the 3% from the current price.

Note how both AND and OR operators are used.

  1. Then we set the Execution to Real-time, Cooldown, Icon and Notification type.

  2. Now we can go to the SHORT tab and copy all our markets, sources and conditions. After that we need to set the Spot market Ratio Less than -60% and Perpetuals market to -30%. These percentages are statistically tested and work well for Shot side. For the Top Levels we need to change the side from Bid to Ask.

Voila, we have finished setting up the Alert!

Purpose

Find the most likely reversal points using Order Book Depth imbalances on both Spot and Perpetuals markets simultaneously on Altcoins.

Implementation

The implementation is the same as for “BTC Diamond Spot + Perp” alert. The only difference is the percentages, which have been customized for Altcoins.

Purpose

Find the most likely reversal points using Order Book Depth imbalances on the 1% - 2.5% and 2.5% - 5% ranges simultaneously, checked for each market separately. The logic is to have a good imbalance over a larger range.

The “bands” term in the name of Alert refers to the Order Book Depth Overlay indicator and its colored “stripes”.

Implementation

  1. We are starting with the LONG tab and choose the Separate markets, so conditions will be checked for each market separately.

  2. As a source we choose the Order Book Overlay 1% - 2.5% and 2.5% - 5% ranges.

  3. For both 1% - 2.5% and 2.5% - 5% ranges we set the Ratio Greater than 60%. These percentages are statistically tested and work well for Long side. Note we are using AND operator.

  4. Then we set the Execution to Real-time, Cooldown, Icon and Notification type.

  5. Now we can go to the SHORT tab and copy all our markets, sources and conditions. After that we need to set the ratio value to Less than -60% for both 1% - 2.5% and 2.5% - 5% ranges.

Voila, we have finished setting up the Alert!

⏰
“Alerts” Telegram chat
BTC Diamond Spot + Perp
Diamond + Top Level
Alt Diamonds
Spot Double Overlay Bands