Frequently Asked Questions
What is the QMA Algorithm?
The QMA (QuantifyCrypto Momenteum Algorithm) was developed by QuantiyCrypto to be a momentum indicator for trending purposes. The QMA gives a trend strength from 0 (strongest downward trend) to 100 (strongest upward trend). The QMA uses eleven individual Exponential Moving Averages (EMA) for its calculations. Please reference the “Technical Analysis Essentials” section of the web site for more information.
What are the benefits of spreadsheet data display?
A price graph package is a requirement for performing technical analysis since visual feedback is informative. A drawback of viewing multiple price graphs at the same time is the space limitation. Ideally, you want a monitor for each asset, time interval and algorithmic indicator. Typically, a professional trader averages 8 monitors and the non-trader has 1 or 2 monitors; screen space on a monitor fills up quickly.
Today, on a single monitor using a spreadsheet format, Quantify Crypto is able to display live prices and calculations for 25 coins, 4 different algorithms, and 3 different time periods. This is the equivalent of using 75 to 300 price graphs (only some algorithmic indicators display well together). Additionally, Quantify Crypto provides a sorting function; allowing the user to see the highest 25 rated trending coins out of the 120 we currently track with the touch of a button.
What are the time periods?
The time value represents the interval or candlestick duration for the algorithmic indicator fields. Specifically, if you are using a graphing package like TradingView, it is the time duration you enter into the time interval field. Quantify Crypto internally receives and saves the open, close, high and low values for multiple time interval for its algorithmic calculations. Specific algorithms (RSI, Bollinger Bands, ATR, ATR, QMA) have defined mathematical equations that are strictly followed. This is the same processing and calculation method used in displaying an algorithm on a price graph. For example, the QMA algorithm calculation requires the use of 466 time periods, meaning the 5-minute period processes 466 unique records each containing the 5-minute open price, 5-minute closing price, 5-minute high price and 5-minute low price. Thus the QMA 5-minute interval calculates 2,330 minutes or 39 hours of data (466 data records times 5 minutes).
For the percentage change fields, the time period is the value displayed. For example, the 24 hours field represents the price change for the past 24 hours.
How does sorting work on QuantifyCrypto
Most data fields on the Quantify Crypto homepage can be sorted. Simply click the sorting arrows in the column headers to display lowest to highest, click again to see highest to lowest. To return to the original sort by ranking, click on the arrow above the RANK column ( # in the heading).
What happens when I click on a coin name?
Individual coin names will link to a coin summary page containing visual algorithmic indicators; a TradingView chart that can display algorithmic values after pressing the ~+ button; and other informational links.
Which cryptocurrency exchanges do you get data from?
Our site accesses live price feeds from multiple exchanges: Coinbase, Binance, Bittrex, Poloniex, HitBTC and Huobi. Select "Source" to display the exchange name for an individual coin price.
Why do you list only 120 Coins?
The focus is on higher liquidity cryptocurrency assets that have higher trading volume. A key feature of our site is sorting algorithic indicators by highest and lowest value. We do not want low volume, lightly traded coin assets dominating these displays.
What does the percent change calculation indicate?
All calcaultions for cryptocurrency assets are based on Bitcon prices not agaist the US Dollar. So a percentage change increase of 1% indicates the asset has performed 1% better than Bitcoin for the referenced time period.