Quantify Crypto - API additions - March 2022

Quantify Crypto is proud to announce we are expanding the metrics included in our API feed:   Adding Support, Resistance, Moving Averages (MA), Exponential Moving Averages (EMA), and percentage changes.

Support and Resistance

/api/v1/indicators/baseline (Plan Requirement – Professional)

The Quantity Crypto Support and Resistance indicators are used to show when a specific cryptocurrency is oversold (below support) or overbought (above resistance).

Support – A price level expected to stop a price decline when a downturn occurs.   The calculation of the support level is based on recent price trading ranges.   Support levels occur due to a concentration of buy orders at the support level price point.

Resistance - A price level expected to stop a price increase when a price goes up.   The calculation of the resistance level is based on recent price trading ranges.   Resistance levels occur due to a concentration of sell orders, likely to lock in profits.

The support and resistance fields have been added to the baseline indicators and coin details fetch calls.

Percentage Changes

/api/v1/coins/percent-change   (Plan Requirement - Free)

We have added the percentage change values to the API Feed.   All of the percentage change fields currently on display on the Quantify Crypto coin screener page are now available via the API Feed.

A new fetch command has been added for percentage changes, the “coin details” call also has these new fields.

Moving Averages (MA)

/api/v1/indicators/ma (Plan Requirement – Basic)

In financial technical analysis, it is considered bullish when an asset price is trading above specific moving average levels and considered bearish when an asset price is trading below a specific moving average.   Additionally, multiple moving averages can be compared to each other.  It is considered bullish if the shorter-term moving average price is higher than the longer-term moving price (vice versa for bearish).  For example, it is considered bullish if the 50-day MA is higher in price than the 200-day MA.

The number intervals used by Quantify Crypto for MA calculations are: 12, 21, 26, 50, 100 and 200

The Candlestick periods used by Quantify Crypto for MA calculations are 1 hour, 4 hours, and 24 hours.

The above combinations create 18 moving average calculations.   For example, the 12 intervals applied to the 1-hour time periods results in a moving average calculation using the last 12 one-hour candlesticks.

Moving averages are also called the simple moving average (SMA)

Exponential Moving Averages (EMA)

An exponential Moving Average is like the moving average, except a higher calculated weight is placed on the most recent candlestick periods while the older candlesticks have less weight or significance.   EMAs react quickly to recent price moves compared to MAs which tend to lag.   Quantify Crypto research indicates that EMA is a better predictor of price moves in the highly volatile cryptocurrency market.

Bullish and Bearish signal rules for EMAs are the same as for MAs. 

Exponential moving averages are also called weighted moving averages.

All new metrics have been added to the /api/v1/coins/{coin-symbol} call.

Detailed API Fields

For additional reference use the following link API Documentation or see the Swagger Tool Swagger

Quantify Crypto provides real time technical analysis to support your trading decisions. We have the fastest live price feed of all cryptocurrency informational platform. Our proprietary trend algorithm calculates the predicted direction of future price moves. It is specifically tailored for the cryptocurrency market. Our state-of-the-art displays are designed to provide maximum amount of significant data on a single screen.
None of this is meant to be financial advice and I do not have any financial expertise. Although I worked at the New York Stock Exchange for over 23 years, it was as a developer supporting computer systems, not as a stock trader.
Full discloser: I do own Bitcoin and other Altcoins.