Question 1

How does CryptoSignal compare to Tradingview for crypto analysis?

Accepted Answer

CryptoSignal automates TA using TA-Lib but may show discrepancies with Tradingview due to historical data and timing differences. It's open-source and command-line based, ideal for custom strategies, while Tradingview offers a GUI and more data. Use it for alerts and experimentation, not as a sole source.

Question 2

How to set up Slack alerts in CryptoSignal?

Accepted Answer

Configure the config.yml file with your Slack webhook URL and channel details, as per the docs. Then run the Docker command to start receiving trading signals directly in your Slack workspace for real-time notifications.

Question 3

Can CryptoSignal execute trades automatically?

Accepted Answer

No, CryptoSignal only generates and sends trading signals via alerts like SMS or Telegram. For automated trading, you need to integrate it with external trading bots or APIs, which requires additional development effort.

Question 4

What indicators does CryptoSignal support?

Accepted Answer

It supports common TA indicators like RSI, moving averages, MACD, Ichimoku Cloud, and VWAP, based on TA-Lib. The modular design allows adding custom indicators, but implementation may require coding skills.

Question 5

Is CryptoSignal good for beginners in crypto trading?

Accepted Answer

It's best for those familiar with technical analysis and command-line tools, as the beta documentation can be challenging. The community Discord helps, but users should have a trading background to interpret signals responsibly.

Question 6

How to add a new exchange to CryptoSignal?

Accepted Answer

You need to modify the source code to integrate exchange APIs, leveraging the modular architecture. Check the GitHub repository for existing examples, but be prepared for limited documentation and community assistance.

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