Screening For 45-Day Average Volume

When screening for the best (there are no perfect ones) opportunities, it does take work. I have had numerous occasions when I have collected all of the necessary information, but no opportunity “won.” Whether this is due to my inexperience or that day’s reality, I realize I am learning each time I do the work.

Well, enough of my soapboxing. Today, we need to find out how the 24h Volume matches up with the 45 day (approximate) Volume.

The 24h volume column starts with 7.0M. The TVL column begins with 1.4M.

I will provide the steps to find the 45-day average, but I won’t do it on the specific opportunities listed above. After the steps are completed, I will display the results of this exercise.

Right Click on the Opportunity You Want to Look At (This is done in Krystal.)

After right clicking, click on “Open link in new tab.”

Finding Your Way to Dexscreener

Click on the “eagle head” circled in red.

Steps on Dexscreener

First, you need to click the second of the two crypto listed in the top center. When completed the second choice should be blue. Second, you need to mouse over the Volume area in the top left. After mousing over, the options are revealed. Click on the gear.

Setting up the 45-Day Volume Screening

This is the window that should open to allow you to configure the 45 day volume calculation. On the “Style” tab, make sure the “Volume MA” boxed is ticked.
On the “Inputs” tab, you will need to input the “MA Length” as “45”. (If the pair has not been around for 45 days, you can set any number you want here.) When completed, click the “OK” in the bottom right.

Getting The Results

After clicking “OK”, you will come back to the chart. To make the 45-day average show up, you must first click on the chart. Then, move your mouse off of the chart. On the top left corner, the blue number is the 45-day average. In this case, it is 8.465M Average Volume.

I recognize this was a bit tedious. Now, with patience, you can pull this stat on every pair you consider. The image below results from my attempt to validate the 24-hour volume listed with my initial screening.

What I can and can’t tell from the results:

  1. If the 45-day volume is less than the 24-hour volume, then the 24-hour volume is a spike. It could mean the APR listed will be very short-lived.
  2. If the 45-day volume exceeds the 24h volume, the APR could be higher. As I learn, I ask, “Has the TVL gone down over the past 45 days, making the 45-day average less trustworthy?” This sounds like a question for the guru next week.
  3. Theoretically, the closer the 45-day average is to the 24-hour average, the better grade a particular opportunity should get. But, the more I think about it, the more “What if..?” scenarios develop.

About Andy G

Semi-retired dad of 4 biological kids and many others kids. Eyes on eternity while enjoying the blessings this life has available.
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1 Response to Screening For 45-Day Average Volume

  1. Pingback: How to Determine What Crypto Pair to Buy: A Step-by-Step Guide - Algorithmic Trading 4UAlgorithmic Trading 4U

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