Only on binance

Screening Filters

1. Relative Volume (relative_vol: {'min': '1.5'}):

   • Purpose: To identify cryptocurrencies on Binance that are currently experiencing trading activity significantly higher than their average volume.
   • Rationale: A relative volume above 1.5 indicates that the asset is being traded at least 1.5 times more than its usual volume, which could signify increased interest or momentum. This is often a precursor to potential price movements, making it a useful filter for identifying opportunities with higher probability of profit.

2. RSI Category (rsi_category: ['oversold']):

   • Purpose: To find cryptocurrencies that are in the "oversold" category based on the Relative Strength Index (RSI).
   • Rationale: An "oversold" RSI suggests that the asset may be undervalued and could be due for a price rebound. This filter helps identify assets that might be at a discount and have the potential for upward movement, aligning with the user's goal of finding profitable trades.

3. Turnover in the Last 24 Hours (turnover_24h: {'min': '1000000'}):

   • Purpose: To ensure that only cryptocurrencies with a minimum trading turnover of $1,000,000 in the last 24 hours are considered.
   • Rationale: High turnover indicates strong liquidity, which is essential for executing trades efficiently without significant price slippage. It also reflects active market participation, which is a positive indicator for potential price movements.

Why Results Match:

• The filters collectively focus on identifying cryptocurrencies with high trading activity (relative volume), potential for price recovery (oversold RSI), and strong liquidity (high turnover). These factors increase the likelihood of finding assets with favorable trading conditions.
• By applying these filters, the screener narrows down the list of cryptocurrencies on Binance to those that meet the user's request for assets with a higher probability of profit, while ensuring that the results are actionable and realistic.