Ghostbot scanner is built to scan all coins on Binance, Bittrex, and Kucoin and give a green or red signal telling you if the trend is bullish or bearish. You can upgrade your subscription for a one time $20 fee to unlock use of favorites, messages, all timeframes, the internals which includes each bar, open, close, high, low, red or green signal, ema5, ema 13, volume. More on that under About and Subscribe to get extras!
We also run a discord service to run along with Ghostbot Scanner. Link Here - https://discord.gg/3RWxSAK
This service includes free General channel, but also two other subscription options.
Silver– Access to General, Traders Chat, Morning Analysis, Ghostbot Scanner Sub, Coin Requests, Stocks/Commodities, Coin Discussion - $10 per week, $30 per month, or $300 per year
Gold- Access to General, Traders Chat, Morning Analysis, Ghostbot Scanner Sub, Coin Requests, Stocks/Commodities, Coin Discussion, Ghostbot, Monthly Top Picks, Trading 101, you also get Direct Message access on TA, indicators, support, resistance, stops, targets, ghostbot and all things trading - $20 per week, $60 per month, or $600 per year
Direct message me on discord or email - @coinsightghost to sign up or for more details or questions. We also have a referral plan and each person you refer that signs up, you will receive 10% of whatever plan they sign up for on their initial sign up (not recurring). You do not even have to be a subscriber to receive the referral. Just have them mention your name on initial sign up! Ask about the Energi discount to if you pay with Energi (NRG).
Timeframes- You use the drop down menu to select which exchange and which timeframes (locked for subscribers). The free version only has the 30min, 1hr, 2hr, and 4hr signals. The subscription version will have 5min, 10min, 15min, 30min, 1hr, 2hr, 3hr, 4hr, 6hr, 8hr, 12hr, 1day, 2day, 3day, 1week, 2week, 3week, 1month. Keep in mind this is pulling fresh data so it will take time for the very large timeframes to have enough data built up. But subscribers can view any timeframe they want.
Subscribers will be able to create their own favorite and watchlists.
TIPS FOR USING THE SIGNALS
A green dot is posted when the 5ema is above the 13ema, and a red dot is posted when the 5ema is under the 13ema. I have found through various backtesting these two emas provide the best signals with the least about of noise and false signals.
Click on the red or green dot to bring up the chart.
Green is bullish. If you see a coin that is green on all timeframes, it is very bullish.
Red is bearish. If you see a coin that is red on all timeframes, it is very bearish.
Now how do you know if you are catching a trend early or late?
This is where the Internals come in. The internals show the date, time, open, close, high, low, volume, ema5, ema13, and the red or green signal for each candle as seen below. So you can see how many candles ago the trend flipped bullish or bearish. I would usually wait until a 2nd candle or red or green dot is posted to confirm a signal, as sideways action could provide false moves. This is also where I lean on higher timeframes. Some of you may be happy just holding a coin when the scanner shows green on the daily, and selling when it goes red on the daily, and you will be profitable. However to capitalize on moves earlier you can use the lower timeframes. I generally only like to be long coins that are green on the daily, or if I anticipate the daily is close to turning green (ie if the 8hr and 12hr just turned from red to green the daily may follow through soon)
Examples:
Btcusd on the 4hr chart is a red dot indicating bearish, but you look and see the 30 min, 1hr, and 2hr are all green. You can anticipate the 4hr could follow through in the next candle or two. This is how you can see if the trend is changing from one direction to another. This would likely be a good buy especially if the daily is already green.
Btcusd on the 3hr and 4hr is red, but the 30min, 1hr, 2hr are green. Trend turning bullish. Potential to get into a position early before it takes off.
Btcusd on the 3hr and 4hr are green, but the 30min, 1hr, 2hr are red. This is an early signal that the 3hr and 4hr could be about to turn bearish, and a potential opportunity to exit before a larger downtrend happens.
Btcusd on the 30min, 1h, 2hr, 4hr are all red. Stay away or be out or market.
Btcusd on the 30 min, 1hr, 2hr, 4hr are all green. Bullish trend and be long.
The signals are solid themselves, but this can give you a bit of an extra edge. I like to wait for the 2nd candle signal to help confirm, as when the markets are sideways you could see more flipping around between red and green.
