TPO Profile chart and Trading on BitMEX exchange. Check out new features!

Nov 11, 2019 | connection, News, Third dimension blog posts, updates

Polygon.io data feed, Binance OCO order and Elliot Wave drawing

Sep 25, 2019 | connection, News, Third dimension blog posts, updates

Connection to Polygon.io data provider

By the numerous requests of our users, we have added Polygon.io that provides Real-time and Historical Market data for Cryptocurrencies, . .

Polygon offers global currency pairs from around the world. Over 1100+ currency pairs streaming in real-time.

Level 1 and Level 2 data from 22 crypto exchanges with coverage of 12+ Crypto Pairs

Connection to Polygon.io data provider

OCO Orders for Binance exchange

A month ago, Binance added support for OCO orders (One-Cancels-Other), which are a group of Limit and Stop-Limit order types. When either one of the orders is executed, the other one is automatically canceled. And when canceling either one of the orders, the entire OCO pair is canceled. In this release, we have also added this type of order for our users.

How to create an OCO order on Binance?

For Buy OCO order, the price for limit order < current market price. Also, the trigger stop price > market price.

For Sell OCO order, the price for limit order > current market price. Also, the trigger stop price < market price.

Select OCO from the drop-down list of orders, then specify the price of the Limit order, as well as the price trigger for the stop order and the price of the limit for the stop-limit order. Specify the order volume, then click the Buy (or Sell) button to place the order.

Placing OCO orders on Binance exchange

New indicator Delta-Rotations

The Delta-Rotations indicator plots in real-time the accumulated aggressive orders of the market participants on each rotational move through the delta. As a result, it allows the detection of shifts between supply and demand through the relation of the height of the bars to their corresponding price and the elapsed time.

Delta Rotations indicator in 3rdDimension platform

In the case of an up move (upward trend), the long elongated structural move will show sustained demand through considerably high bars. On the other hand, pullbacks will show relatively low supply through a shorter rotational move represented by lower selling aggression.

Higher moves with decreasing overall demand (declining delta rotations) show exhaustion through reducing buying pressure and are signs of potential reversals.

The same concepts apply for down moves with dominating supply/selling aggression and decreasing demand/buy aggression.

Custom Tick Size for DOM Trader

In the previous release, we have already added custom Tick Size for Chart and DOM Surface panels. Now it is available for DOM Trader panel as well. For those who missed the previous release, we remind you that this setting “aligns” all levels in DOM to the required tick size.

For example, some data providers and exchanges do not provide the minimum value by which the price of a trading instrument changes. As a result, the price scale uses the wrong value of the price, creating gaps.

Take a look at three screenshots. On the left without Custom Tick Size, on the middle screenshot with this setting. If the tick size is set higher than the minimum or specified by the exchange, the Level2 data will be aggregated like on the right screenshot

Custom Tick Size in DOM Trader panel

Added Elliot triangle Wave, Triangle pattern, Three Drives pattern

Elliot triangle Wave

Elliot Wave is a popular theory in technical analysis, which is based on the cyclical behavior of the price. Using Elliot Wave drawing, you can graphically identify the waves to determine the correction or trend reversal.

Elliot triangle wave drawing in 3rdDimension platform

In the drawing settings, you can select the type of wave marker to indicate different types of waves on one chart — Cycle, Primary, Intermediate etc.

Settings of the Elliot Wave drawing

Triangle pattern

Triangles are a popular technical pattern that analysts frequently use to anticipate potential price reversals. The Triangle Pattern drawing tool allows you to plot four points (A, B, C, D) in order to overlay a triangle onto the candlesticks of a price chart. The idea is to place the points on four alternating highs and lows. That is to say, points A and C would be on consecutive highs (or lows) and B and D would then be on consecutive lows (or highs).

Triangle pattern drawing in 3rdDimension platform

Three Drives pattern

The Three Drives Pattern is a well-known harmonic chart pattern that consists of a series of three higher highs or lower lows, which signals a potential reversal.

In the classical bullish version of this pattern, there are three drives or pushes in the upward direction. After each push, there is a retracement of 0.618 Fibonacci retracements of the previous drive.

The next drive needs to end near the 1.272 Fibonacci extensions for the price action to qualify for the pattern. When the price gets close to the drive 3 point at the 1.272 extension, you would put in an order to sell.

Three Drives Pattern drawing in 3rdDimension platform

Your target would be the 0.618 retracement of the entire move from point zero to the top of drive 3. 

Then, of course, the classical bearish pattern is the same thing, but upside down.

Huobi Crypto exchange and New coloring mode for Cluster Chart

Sep 25, 2019 | connection, News, Third dimension blog posts, updates

Custom coloring mode for Cluster Chart

The new color scheme for the cluster chart will allow experienced traders to define more precisely the places and levels with a large volume, number of trades and delta. This is very similar to filtering, which at a given value of the cluster will apply the necessary color. 

As an example, let’s see how it works on ES futures.

Go to the chart settings and select the desired data type on which to build the cluster. Then select Custom coloring in Cluster Visualization. Additional color settings will appear for the three cluster levels. At the first level, we will set 1000 contracts in one cluster, at the second 2000 and at the third 5000. For each level, set green, blue and red colors, respectively.
If you zoom out the chart, then due to the color filtering we can see clusters with large volumes, i.e. zones of high interest. 

Connection to Huobi Global crypto exchange

Added a new trading connection to the popular Huobi Global cryptocurrency exchange. This exchange offers traders 200+ cryptocurrencies and 500+ trading pairs. As for other crypto exchanges, here we also added two connection modes:

Info, allows you to connect without an API Key and make the necessary analysis of the selected cryptocurrency.

Trading mode. Requires unique API & Secret Keys to perform trading operations.

Custom Tick Size for Chart and DOM Surface panels

This setting allows you to “align” the chart to the desired tick size. For example, some data providers and exchanges do not provide the minimum value by which the price of a trading instrument changes. As a result, the price scale uses the wrong value of the price, creating gaps. This is especially noticeable on the Order Flow or DOM Surface charts. Using this setting, you can more accurately set the minimum price change and get the correct price display.

Added the function of minimizing a panel

Any open panel, group or bind can be minimized to the taskbar by clicking Minimize button. This function is quite simple and allows you to more conveniently work with open panels.

Changed the calculation of tick directions for Binance

We improved the mechanism for calculating tick directions, which is involved in volume tools. Earlier, when a new trade executed, if the price did not change, then the volume of this trade we referred to the None category and it did not refer to Buy or Sell. As a result, the total volume of trades marked None reached 50% of the total trading volume.
Now, if a new trade has the same price as the previous trade, it is assigned a category, like the previous trade.

3rdDimension Update. Added RTD, info mode for Binance

Sep 24, 2019 | connection, News, Third dimension blog posts, updates

Excel Real-Time Data function

3rdDimension 1.39 supports Real-Time Data (RTD) function for sending data and other market information to Microsoft Excel®. This feature opens up many opportunities for creating custom displays and other ways to better manage your workflow. For instance, you can transmit real-time market data, account info and analyze it on your own. You can use our example Excel file to evaluate RTD possibilities. Also, read our help guide on how to activate RTD and how to work with it in Excel.

Binance got an Info Mode. Access to real-time market data without a trading account

The Info Mode lets you connect to the Binance exchange without using the API key, and receive real-time data for all available cryptocurrencies. This mode will be useful for a complete analysis of the market situation, including with the help of Volume Analysis Tools, Order Flow, and various chart types.