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On balance volume is a kind of momentum indicator .

on balance volume indicator was created by Joseph Granville with the main objective of using the volume flow to indicate the changes in the market price.

According to Joseph Granville, he considers on balance volume indicator to be based on divergence  and trend line strategy.

Based on trend line strategy,the on balance volume will be considered to be rising if the price is also rising and be falling if the price is also falling.

According to Joseph Granville, the values of on balance volume is  calculated using the following formula;

If the current close price  is higher than the previous one,then the current volume will be added to the previous one thus giving the formula as;

current period(OBV)=previous period(OBV) +current  Volume

-if the current close price  is lower than the previous one,then the current volume will be subtracted from the previous one thus giving the formula as;

current period(OBV)= previous period(OBV)– current Volume.

Therefore,on the basis of divergence,when the price of the market is moving downwards when the On Balance Volume(OBV) is rising,then the market will be considered to be a bullish market thus the traders should close any sell position and open a buy position since the market will reverse and start  moving upwards while when the market is moving upwards when the On Balance Volume (OBV) is falling,then the market will be considered to be a bearish market thus the traders should close any buy position and enter a sell position since the market will reverse and start moving downwards.This is indicated from the candle sticks chart below;

From the candlesticks chart above,there is point A,B and C.Point C is representing the OBV curve while point A and B is representing the upwards and downwards OBV movement.

At point A,the market was initially moving downwards while the OBV curve was rising.This results to an upward market reversal thus signaling the traders to close any sell position at that point and open a buy position because the market was becoming a bullish market.At point B,the market was initially moving upwards while the OBV curve was moving downwards.This resulted to a downward market reversal thus signaling the traders to close any buy position and open a sell position since the market was becoming a bearish market.

Recommendation:If you are a day trader just use 1 min,5 min,15 min and 30 min time frame while if you are a swing trader just use 1 hour and above if you want On Balance Volume trading indicator to work well for you.

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Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

perfect your skills on the market

By perfecting your skills on the market, you will be able to know how the market moves the whole day. That is whether the market moves in one direction the whole day or whether it moves in 2 direction the whole day. This will enable you to know how much pips you can collect the whole day thus you will be able to set profit pip target for the whole month, week or per day.

perfect your skills on using candlesticks chart

Candlesticks chart enables a trader to know whether there is a trend in the market or the market is in a zigzag manner. If a trader perfects on using the candlesticks chart, they will be able to know whether to stay in the market for a shorter period of time or to stay for a longer period of time. In a situation where the candlesticks chart is in a trending condition, the trader can enter into that market and stay for a longer period of time in order to collect more pips while in a situation where the candlesticks chart is in a zig-zag manner, the trader should stay in that market for a short period of time in order to avoid losing the pip profit made

perfect your skill on any of the timeframe

Different candlesticks chart are being indicated using different timeframe. That is; 1min, 5min, 15min, 30min, 1hr, 4hr, 1d, 1w, 1m. Different traders prefer to use different timeframe to analyze the market. A trader can either be a day trader or a swing trader. For a day trader, they normally keep on watching the market thus their preference timeframe can range from 1min to 1hr timeframe. On the other hand, swing traders do not watch the market most of the time. The can open the market today and close it towards the end of the week on sometimes their positions can go up to one month. This kind of trader prefers to analyze the market using 4hr, 1d,1w or even 1 month. As a trader, you need to know whether you want to become a swing trader or a day trader. If you have discovered that day trading works well for you, then you can decide to choose between 1min to hr timeframe and make sure to perfect on time. After you have perfected on it, you will be able to know how the candlesticks chart for that timeframe behaves thus it will be easier for you to analyze the market. I would advise you to perfect 1 min candlesticks chart if you want to become a day trader.

perfect your skill on several risk management and choose one that works for you

As a trader, the most important skill that differentiates one trader from another is money management. That is why we have hedge fund managers. If you can perfect on this skill, you will never lose a trader no matter how the market goes against you. Different traders have different risk management for different account size. Some traders will consider themselves to be very secure when they open a position worth 0.1lot with an account size of $1000 while others will consider themselves secure with a position of 0.01lot with the same account size. The first trader will risk losing the $1000 if the market goes against them by 1000pip while the second on will risk losing the $1000 if the market goes against them by 10,000 pips. Both traders have applied their risk management well since it is very rare you get the market going against the trader by over 1000 pips. As a trader, choose the risk management that works for you and you make sure to perfect on it and you will end up creating a hedge fund company.

perfect on your trading strategy

There are two categories of trading strategies; hedging strategy and scalping strategy. In hedging strategy, the trader will open two opposite positions at the same time thus hedging the transaction cost for opening the position. This will enable them to monitor the market until it gets support so that they open one more position in the direction in which the market has gained support. This will enable them to close all positions when a positive value occurs in their position. On the other hand, in scalping trading, the trader will open a position for a short period of time and closes it when the position reads a positive value. This strategy can enable a trader to collect more profit at the end of the day. As a trader, you need to perfect on these two strategies and choose the one that works well for you. If hedging works well for you then make sure to perfect your skill on it while if scalping works well for you then make sure to do the same. If this is being combined with your risk management, you will get yourself become a successful trader thus many wealthy people will start coming to your company thus making your hedge fund company grow.

perfect on one trend indicator and one oscillator indicator

Trend indicator and oscillator indicator are the key tools to success in trading. A trader without these tools is like a farmer without a Jembe since the trader will not be in a position to know whether the market is in an oversold or overbought condition. There are many trading indicators out there that are being used by traders to analyze the market on a daily basis. The most commonly used tools are Relative strength indicator and moving average. As a trader, you should choose one of the indicators and make sure to perfect on them. I would recommend you to perfect on Relative strength indicator and moving average and make sure to combine these tools with your strategy and risk management and you will become a successful trader thus creating a very successful hedge fund company.

choose one currency after you have mastered the market and perfect on it.

Last but not least is the currency to specialize in. There are so many currency pairs being traded on a daily basis. Different traders prefer to trade different pairs. If you want to become a successful trader, then you need to choose one currency pair and make sure to perfect on it. This will enable you to know how that pair behaves on a daily basis thus trading will become easier for you.

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Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

Money Flow Index is an oscillator indicator.

Money flow index indicator was created by Gene Quong and Avrum Soudack with the main objective of using price and volume to indicate whether the market is in an overbought or oversold condition

According to Gene and Quong, they consider it  to have an oscillation ranges between 0 to 100 and oscillation points at 20 and 80 thus making it to become more similar to RSI indicator.The only difference is that in Money flow index,volume is considered to be very important while in RSI,volume is not considered to be very important.

Gene and Quong further derived the formula for calculating the values of Money Flow index as follows;

MFI=100-(100)/(1+MR)

Where ;

MR is money ratio given as;

MR = POSITIVE MONEY FLOW/NEGATIVE MONEY FLOW

Therefore, since money flow index is an oscillation ranging from 0 to 100 and oscillation points at 20 to 80 which make it similar to RSI, it, therefore, works on the basis of divergence and overbought and oversold in the market.

Concept of Divergence

For the case of divergence,when the price of the market is moving up while the MFI is falling,then a reversal of the price of the market will occur in the same direction to that of MFI,that is,it will start also falling, while if the price of the market is moving downwards while the MFI is rising, a reversal of the market will take place in the same direction to that of MFI,that is,it will start also rising. This is indicated from the candlesticks chart below;

From the candlesticks chart above, there is point A and Point B. Point is along the MFI while point B links upward and downward price. Initially, the price was moving downwards while the Money Flow Index was in an upward direction. The price then reverses and start moving upwards as the Money Flow index thus signaling the trader to exit a sell position and open a buy position.

Concept of overbought and oversold

For the case of overbought and oversold in the market, it follows the concept of RSI. That is,if the MFI falls below 20,then that will be an indication of an oversold in the market thus an upward market reversal will take place at that point thus signaling the trader to close any sell position and enter a buy position while if the MFI rises above 80, then that will be an indication of an overbought in the market thus a downward market reversal will take place at that point thus signaling the trader to close any buy position and enter a sell position .

This is indicated from the candlesticks chart below;

From the candlesticks chart above, there are 3 points,point A,B and C. Point A represents a point at which the MFI has fallen below 20 while point B is a point at which the MFI has risen above 80 and point C represents two red adjoining arrows which is representing the money flow index curve.

At point A where the MFI has fallen below 20, there is an oversold condition created at that point thus an upward reversal market will be created at that point. This will signal the trader to close any sell position at that point and enter a buy position since the market will start moving upwards.

At point B where the MFI has risen above 80, there is an overbought condition created at that point thus a downward reversal market will be created at that point. This will signal the trader to close any buy position at that point and enter a sell position since the market will start moving downwards.

Recommendation: If you are a day trader, just use 1 min,5 min,15 min and 30 min time frame while if you are a swing trader just use 1 hour and above time frame if you want Money Flow Index to work well for you

If you would like to support our work, here is our tipping details;

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Bitcoin:1Fp5aLgRB6WJnC7nxGw57M3JbbexaAWHG2

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

MACD is a trend following indicator.

Being a trend following indicator, MACD indicator was created by Gerald Appel with the main objective of indicating support and resistance points of the market. According to Gerald Appel, he came up with the concept of a crossover to identify support and resistance point. With his concept of crossover, Gerald Appel created two curve lines, that is; the MACD curve and the signal line curve. With these two curves, Gerald Appel further stated that for a support point to be there, the MACD should cross above the signal line from below while for resistance point, the MACD should cross below the signal line from above.

Gerald Appel further stated that MACD indicator has 3 periods, that is; 12,26 and 9. These three periods are the Exponential Moving Average. The difference between 12-period and 26-period represent the Exponential Moving Average of the MACD while 9 represent the signal line. 

Gerald Appel further derived the formula for getting the values of MACD indicator as follows;

MACD= (EMA of close price period 12)– (EMA of close price period 26)

whereas;

EMA is an exponential moving average while;

MACD is moving average convergence divergence.

Therefore, since MACD indicator is a trend following indicator based on crossover of the MACD and signal line, it therefore follows that when the MACD indicator crosses above the signal line from below when the market is moving downwards, that will be an indication that a support point has been created over there thus signaling the trader to close any sell position and open a buy position since the market will start moving upwards. On the other hand, if the MACD indicator crosses below the signal line from above when the market is moving upwards, that will be an indication that a resistance point has been created over there thus signaling the trader to close any buy position and open a sell position since the market will start moving downwards. This is indicated from the candle sticks chart below;

From the candlesticks chart above, there are 4 points, A, B, C and D. Point A and B represent crossover points while point C which is red curve represent the signal line with a period of 9. Point D on the other hand which is a blue curve represents the MACD(Moving Average Convergence Divergence) which is a difference between 12 and 26 EMA periods.

At point A, the MACD has crossed above the signal line from below thus an indication of a support point over there. This will signal the trader to close any sell position and open a buy position since the market is starting to move upwards at that point. On the other hand, at point B the MACD has crossed below the signal line from above thus an indication of a resistance point over there. This will signal the trader to close any buy position and open a sell position since the market is starting to move downwards at that point.

Recommendation:If you are a day trader,just use 1 min,5 min ,15 min and 30 min time frame while if you are a swing trader just use 1 hour and above time frame if you want the MACD indicator to work well for you

If you would like to support our work, here is our tipping details;

skrill donation:mudigoomondi@gmail.com

Neteller donation:mudigoomondi@gmail.com

Bitcoin:1Fp5aLgRB6WJnC7nxGw57M3JbbexaAWHG2

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

Dai coin is a native token for the MakerDao Defi platform created on Ethereum blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. Dai coin is an interest bearing token. Being an interest bearing token, Dai was created by the MakerDao to disrupt the lending institutions. Unlike in traditional lending institution where collateral is a big challenge to many borrowers, for Dai, that is not the case. Instead, Dai which is a native coin of MakerDao enables borrowers to be able to collateralize their Ether balance at the collateralized Debt position( a MakerDao contract address for holding the ether balance of the borrowers until they settle their outstanding Dai debt) . This will enable the borrowers to be able to generate certain amount of Dai based on their Ether collateral. The more ether collateral they have the more Dai they will be able to create. The borrower can either decide to withdraw the Dai generated or they can lock them so that they be entitled to earn more interest with them.

Dai token transaction

Dai coin transaction takes place on the Ethereum blockchain explorer based on block height and timestamp. Here is a view of Dai coin transaction;

To view how the transaction takes place at Ethereum blockchain explorer, simply follow the link below;

https://etherscan.io/token/0x89d24a6b4ccb1b6faa2625fe562bdd9a23260359

Date Launched

Dai coin project was launched in 2017 with the main objective of distrupting the money lending platform by allowing users to be able to collateralize their ethereum to create Dai thus after they have repaid back the amount of Dai created plus interest charge, that is when they can unlock their collateralized ethereum.

Founder Of Dai token

Dai coin was created by the MakerDao Defi platform with the main objective of distrupting the financial institution. The MakerDao wanted to decentralized lending and borrowing sector by simplifying the way borrowers can collateralize their asset to borrow a loan.

Process of creating Dai coin

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet, for Dai coin, that is not the case . Instead, Dai coin was created by the MakerDao Defi to enable borrowers to release it simply by collateralizing their Ether. If a user want to generate certain amount of Dai, he or she should collateralize their Ether via the Ethereum network by simply entering the collateralized Debt position. This collateralized Debt Position will lock the amount of Ether used thus allowing the borrower to create a certain amount of Dai based on their collateral. The amount of Dai created will automatically be credited to the borrowers account. The collateral must exceed the Dai generated by a ration of 150%. The waver fees charged to the borrower is 12.5% per anum. The borrower can decide to withdraw their Dai generated or can lend it again to MakerDao by simply locking it if they want to earn interest from them. The more your collateral the more Dai you can generate. At the same time, the more Dai you lock the more interest you will earn. The borrowers will be able to withdraw their Outstanding Ether on the Collateralized Debt Position upon fully completing paying their outstanding Dai debt plus interest charged. Here is how Dai generation process looks like;

If you want to start generating Dai as a borrower and lender, you can join them from below;

https://cdp.makerdao.com/

Maximum circulation of metal coin

Unlike other cryptocurrencies which have maximum circulation, for Dai, no maximum circulation amount is being indicated from their white paper. Dai is being supplied by the borrowers when they collateralized their Ether. Currently, there are more than 95 million Dai circulating. All these amount are being generated by borrowers through collateralizing their Ether on the CDP( Collateralized Debt Position).

Dai token Price

Since Dai is a stable coin being pegged to USD at the ration of 1:1, it is therefore worth @ $1 and its price will stabilize over time at around $1. Dai coin is being abbreviated as DAI

Converting my Dai coin to other cryptocurrencies

To convert your Dai coin to other cryptocurrencies such as bitcoin and Ethereum or other stable coins such as USDT, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Dai coin to Bitcoin, USDT or Ethereum. Here is a list of exchanges where you can easily exchange your Dai coin to your favorite cryptocurrencies;

https://www.kucoin.com/

https://exmo.com/

https://www.bittrex.com

https://hitbtc.com/

https://www.ethfinex.com/

Storing my Dai token

To store your Dai coin, you need a Dai coin wallet that is compatible to ERC20 tokens . You can either store online or offline. To store your Dai coin online, you can either use myetherwallet or metamask or . To secure your Dai coin from being stolen by hackers, you can use ledger nano wallet. If you want to earn interest on your Dai holdings, then you need to collateralized your Ethereum on the MakerDao Defi platform.

Transferring my Dai token to other Users

If you want to transfer your Dai coin to another user, the two of you must have trust in each other. The trust should be the Dai coin address provided for by the receiver while the sender must have the Dai coin balance in their account to send to the receiver. For the sender, a blank space to insert receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;

Knowing more About Dai coin

If you feel that you need to learn more about Dai coin cryptocurrency, then you can follow them on their site. Here is the link redirecting you to Dai coin platform website

https://makerdao.com/en/

Now that you know, I think that it is time for you to start earning some Dai interest simply by holding your created Dai at the MakerDao platform through collateralizing your Ethereum . The more Dai you lock,the more interest you earn. If you feel that I should also own some Dai coin for helping you to know about it then here is my Dai coin address that is compatible to ERC20;

0x346570c491b76c7cd51699bdd272762111b743a9

Summary

MakerDao platform is distrupting the traditional lending platform by allowing users to borrow instant Dai loan when they collateralize their Ether on the collateralized Debt Position. With the Dai created, borrowers can decide to lend their Dai to the MakerDao so that they be entitled to earn interest. At the same time, they can decide to withdraw their generated Dai for other purpose. The borrowers will be in a position of withdrawing their collateral Ether from the collateralized Debt position upon completion of their outstanding debt arrears plus interest charge. MakerDao is doing a great job for easing the way borrowers can collateralize their asset compared to traditional lending institution which is a lengthly procedure. The future of lending is bright

Williams' percentage range is an oscillator indicator.

Williams' percentage range trading indicator was created by Larry Williams with the main objective of helping traders to know whether the market is in an oversold or overbought condition.

According to Larry Williams, he considers his indicator as a type of momentum indicator that moves between 0 and -100 .

Larry Williams' further derived the formula for getting the values of his indicator as follows; 

%R= Highest High price- Close price/Highest High price-Lowest Low price

Since Williams' percentage range is an oscillator indicator and ranges between 0 to -100,it follows to have its oscillation at between -20 to -80.When the percentage range is below -80 then it is an indication that the market is  oversold thus reversal of the market will take place thus the market will start moving upwards while when the percentage range is above -20 then it is an indication that the market is an overbought thus reversal of the market will take place thus the market will start moving downwards.Therefore,at below -80 where an upward market reversal will take place,the trader will be signaled to close any sell position and open a buy position since the market will be moving upwards while at above -20 where a downward market reversal will take place,the trader will be signaled to close any buy position and open a sell position since the market will be moving downwards.This is indicated as from the candle stick charts below;

From the candle stick chart above,the two adjoining red arrows represent the williams' percentage range .Point A with the big red arrow represents percentage range below -80 while point B represent percentage range at above -20.Since point A is below -80,then it follows that an upward market reversal will take place since that point represent an oversold market.This will signal the trader to close any sell position  position and open a buy position since the market will start moving upwards.

On the other hand,since point B is above -20,then it follows that a downward market reversal will take place since that point represent an overbought market.This will signal the trader to close any buy position and open a sell position since the market will start moving downwards.

Recommendation:If you are a day trader just use 1 min,5 min,15 min and 30 min time frame while if you are a swing trader just use 1 hour and above time frame if you want williams' percentage range to work well for you.

If you would like to support our work, here is our tipping details;

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Bitcoin:1Fp5aLgRB6WJnC7nxGw57M3JbbexaAWHG2

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

Force index indicator is an oscillator indicator.

Force index indicator was created by Alexander Elder with the main objective of measuring the power of bull whenever the market incline and the power of bear whenever the market decline. Alexander Elder considered three key components in his trading tools. The three key components are as follows;

Direction of price change

The extent of price change

And the trading volume

Alexander Elder further suggested that his trading tool can be best approximated with the help of moving average indicator.

In order to derive the value of the force index, Alexander Elder derived his formula as follows;

By subtracting yesterday close price by today's close price and then multiplying the result by today's volume.This is as follows:

FORCE INDEX\= V*(CCURRENT-CPREVIOUS) where as;

V is volume,C is closing price ,current is today's close and previous is yesterday's close.

If closing price are higher today than yesterday then the force is positive while if closing price are lower today than yesterday then the force is negative.

According to Alexander Elder ,Force index indicator has an oscillator at point 0.0 in which when the force index crosses above 0.0 then the index becomes positive while when it crosses below 0.0 then the index becomes negative.

When force index is below 0.0 and the period of indicator is inclining,then that is an indicator that the market will move upwards thus the trader should close any sell position and enter a buy position while when the force index is above 0.0 and the period of indicator is declining,then that is an indication that the market will move downwards thus the trader should close any buy position and enter a sell position.This is indicated as from the candle stick chart below;

The candle stick chart above shows the force index indicator.The first red arrow is the oscillation point 0.0 in which the force index can be above or below it.The two adjoining red arrows represent the force index curve.There is two other red arrows,that is;point A and point B

At point A ,the index has crossed above point 0.0 at a decreasing period thus signalling the trader to close any running buy position and open a sell position since the market will start moving downwards while at point B the index has crossed below 0.0 at an increasing period thus signalling the trader to close any running sell position and open a buy position since the market will start moving upwards.

Recommendation:If you are a day trader,just use 1 min,5 min 15 min and 30 min time frame while if you are a swing trader just use 1 hour and above time frame if you want Force Index indicator to work well for you

If you would like to support our work, here is our tipping details;  

skrill donation: mudigoomondi@gmail.com

Neteller donation: mudigoomondi@gmail.com

Bitcoin :1Fp5aLgRB6WJnC7nxGw57M3JbbexaAWHG2

Ethereum; 0x346570c491b76c7cd51699bdd272762111b743a9

Litecoin: LeEH7B82ccXJ6QoibCryGJNpDGNx2x77fL

Dogecoin: DLShs2vqhMc1ggqo8MPPMBTcPAZdqCZoWd

Metal coin is a native cryptocurrency created on Ethereum blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. Metal coin is a proof of processing coin thus most of it will be released when a sender sends different cryptocurrencies to a receiver. Metal coin was also created to become a native coin of the metal pay, an online processing transfer payment thus allowing merchants and merchants customers to be able to receive discount by purchasing the coin to pay for different service. As a native coin of metal pay, metal coin was also created to disrupt the online processing transfer payments like neteller, paypal and alipay. As a disrupter in the online processing payment, metal coin Links two participant in its network, that is: The sender and the receiver. The sender will be responsible for creating transaction thus in return both of them receive reward. As a sender, you can choose to become a solo sender or a merchant sender. As a solo sender, you will be receiving less reward compared to a merchant sender. In order to be entitled to receive reward while sending money to other users, you need to be verified. Your identity documents need to be matching with your details on the metal pay platform so that when payment is being processed, the matching will be able to be validated thus in return you receive metal coins to your wallet.

Metal coin transaction

Metal coin transaction takes place on the Ethereum blockchain explorer based on block height and timestamp. Here is a view of Metal coin

transaction;

To view how the transaction takes place at Ethereum blockchain explorer, simply follow the link below;

https://etherscan.io/token/0xF433089366899D83a9f26A773D59ec7eCF30355e

Date Launched

Metal coin project was launched in 2017 with the main objective of distrupting the online transfer payment system. Metal coin was created to become a native coin for metal pay platform thus allowing senders and receivers to earn metal coin for simply transfering different cryptocurrencies between themselves. In order for each party to receive the metal coin reward, they are supposed to be verified members for easy matching of their data when the transaction is being processed.

Founder Of Metal coin

Metal coin was created by a teenager boy, Erik Finman with the main objective of rewarding users for sending different cryptocurrencies to their peer or by sending fiat money to their bank account via the metal pay platform. Erik Finman wanted to ensure that a proof of processing transaction takes place thus preventing money laundering activity process.By doing so, Erik Finman wanted to make sure that there is matching of data of the sender of the money on the metal pay platform.

Process of creating Metal coin

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet, for Metal coin, that is not the case . Instead,instead, metal coin was created to become a proof-of-processing coin. As proof of processing coin, most of metal coins which was created from genesis block is being released to Ethereum blockchain network when the sender sends different cryptocurrencies to other users or when they send their fiat money to their bank account. During its launch, 66,588,888 coins were created from the genesis block on Ethereum network. Out of this amount, 60.44% were distributed to early investors, founding team members and to the company operational activity while the remaining 39.56% will be released through proof of processing activity. In the proof of processing activity, the sender and the receiver should ensure that their identity document is matching to their data on the metal pay platform so that they be eligible to receive reward. For every transaction processed, the sender and receiver will share 10% of the transaction cost equally that there is matching of their data when proof of processing is being verified. This reward will be return to their account in form of metal coin at current price. Let say that when the transaction carried out cost $20. 10% of this will be $0.2. If at that time of transaction, the metal coin is being worth at $0.5, then each one of them will receive 0.2 metal. Here is a view of metal coin reward process;

If you want to start earn money for sending to other users as well as receiving from sender then you can join them from below

https://www.metalpay.com/

Maximum circulation of metal coin

The maximum amount of metal coin that is expected to be circulating in Ethereum blockchain network should be 66,588,888 coins. All this amount were created from the Ethereum network. Out of this amount, 21,088,888 coins were set aside for sale while another 3,378,000 were set aside to the founding team of metal pay. Another 13,378,888 coins were set aside to be used for company's operational activity while the remaining amount of 26,341,112 is the one that will be released through the proof of processing activity between senders and receivers. Here is how the metal coin supply distribution looks like;

Metal coin Price

Currently, 1 Metal coin is worth more than $0.3 and its price is expected to increase over the next period of time. Metal coin is being abbreviated as MTL.

Converting my Metal coin to other cryptocurrencies

To convert your Metal coin to other cryptocurrencies such as bitcoin and Ethereum, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Metal coin to Bitcoin or Ethereum. Here is a list of exchanges where you can easily exchange your Metal coin to your favorite cryptocurrencies;

https://www.binance.com/en

https://www.bittrex.com

https://www.hbg.com/en-us/

https://hitbtc.com/

https://www.livecoin.net/en

https://www.bancor.network/

Storing my metal coin

To store your Metal coin, you need a metal coin wallet that is compatible to ERC20 tokens . You can either store online or offline. To store your metal coin online, you can either use myetherwallet or metamask or can download the metal pay app. To secure your metal coin from being stolen by hackers, you can use ledger nano wallet

Transferring my metal coin to other Users

If you want to transfer your metal coin to another user, the two of you must have trust in each other. The trust should be the metal coin address provided for by the receiver while the sender must have the Metal coin balance in their account to send to the receiver. For the sender, a blank space to insert receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;

Knowing more About Metal coin

If you feel that you need to learn more about Metal coin cryptocurrency, then you can follow them on their site. Here is the link redirecting you to Metal coin platform website

https://www.metalpay.com/

Now that you know, I think that it is time for you to start earning some Metal coin simply by sending different cryptocurrencies to other users or by sending fiat money to different bank accounts . The more transactions you process the more metal coins you earn. If you feel that I should also own some Metal coin for helping you to know about it then here is my metal coin address that is compatible to ERC20; 0x346570c491b76c7cd51699bdd272762111b743a9

Netbox coin is a native cryptocurrency created on Netbox blockchain network platform whose transaction takes place from one peer to another without involvement by the government thus is being considered to be a decentralized asset. Netbox coin is a proof of stake coin thus most of it will be released through staking. Netbox coin was created to become a native coin of the Netbox browser thus making the netbox browser a decentralized browsing platform. As a decentralized browser coin, Netbox coin was created to disrupt the centralized browsing platforms like Mozilla, chrome, safari and many more. As a disrupter in the browsing sector, Netbox coin Links two participant in its network, that is: The masternodes and the ordinary nodes. The masternode will be responsible for ensuring that their network is online throughout thus more income to its owners who will have staked their coins to them. On the other hand, the ordinary nodes will be considered to be the daily netbox browser users who will be responsible for staking their coins to different masternodes to validate transactions taking place on the netbox blockchain thus in return they receive a reward from the new blocks added as well as the income in form of fees charged. The income will be in two forms, that is: The activity income and the staking income. As a netbox user, the more your activity the more the reward that you can receive while as a staker, the more your staking the more income you will receive.

Netbox coin transaction

Netbox coin transaction takes place on the Netbox blockchain explorer based on block height and timestamp. Here is a view of Netbox coin transaction;

To view how the transaction takes place at Netbox blockchain explorer, simply follow the link below;https://explorer.netbox.global/

Date Launched

Netbox project was started in 2012 but Netbox coin was launched in 2019 with the main objective of disrupting the centralized browsing platform. By disrupting the centralized browsing platform, Netbox platform allows browsers to run the platform by staking their coins to secure the netbox platform thus in return they are being rewarded with netbox coin when a new block enters the network.

Founder Of Netbox coin

Netbox coin was created by a group of like-minded developers with the main objective of disrupting centralized browsing platforms like chrome, Mozilla, safari and many more. Some of the team members behind this coin include; Andrew Kononykhin( A Moscow based computer programmer and current product director), Nikolay Kondratov(Technical director), Eugene Lamekhov(Marketing director) and Sergey Kononykhin( Operation director).These developers wanted to make sure that Netbox coin becomes the native coin for Netbox browsers such that its network is being run by community members thus in return they receive a reward.

Process of creating Netbox coin

Unlike cryptocurrencies like bitcoin and Ethereum which are released through the mining process using power supply and internet, for Netbox coin, that is not the case . Instead,Netbox coin was created to become a proof-of-stake coin. As proof of stake coin, Netbox coin is being released to its blockchain through the staking process. During its launch,72,000,000 coins were premined. The remaining 28,000,000 coins will be released to netbox blockchain as a proof of stake.The two key participant in the netbox remaining coin releasing will be the ordinary node and the masternode. The ordinary node will be considered as a daily netbox browser user where they can lease their coin to the masternode to secure the network thus in return they will be able to receive their income in form of netbox coin for their daily activity as well as from the income of the new coin added to the blockchain. As an ordinary node, the more your daily activity the more your earnings. Also, the more your staking the more netbox coin you will earn. Here is how the staking process looks like;

If you want to start securing the netbox network as a masternode or an ordinary node, then you can join them from below

https://netbox.global

Maximum circulation of Netbox coin

The maximum amount of Netbox coin that is expected to be circulating in its blockchain should be 100,000,000 coins. Out of this amount, 72 million coins were pre-mined. From this 72 million coins, 66 million were distributed to team members while another 6 million will be airdrop to early browsers as well as affiliate marketers and opinion leaders as follows; The first 125,000 browser users will receive 20 NBX each totalling to 2,500,000 coins while another 2,500,000 to affiliate marketers. Another 1,000,000 coins will be airdrop to opinion leaders. The remaining 28 million coins will be rewarded through browsing when browser users and masternode are staking their coins while using the browser to secure the network. Here is how the Netbox coin distribution looks like;

Netbox coin Price

Currently, 1 Netbox coin is worth more than $0.02and its price is expected to increase over the next period of time. Netbox coin is being abbreviated as NBX.

Converting my Netbox coin to other cryptocurrencies

To convert your Netbox to other cryptocurrencies such as bitcoin and Ethereum, you need to have a cryptocurrency exchange account. If you don't own one then you can follow the link to open a cryptocurrency exchange account for easy conversion of your Netbox coin to Bitcoin or Ethereum. Here is a list of exchanges where you can easily exchange your Netbox to your favorite cryptocurrencies;

https://p2pb2b.io/

https://crex24.com/

https://www.stex.com/

Storing my Netbox coin

To store your Netbox coin, you need a Netbox coin wallet. You can either store online or offline. Currently, you can store your coins on the exchanges where it is being listed though this is not advisable. You can also download the Netbox wallet. We will let you know when their online wallet is out.

Transferring my Netbox coin to other

UsersIf you want to transfer your Netbox coin to another user, the two of you must have trust in each other. The trust should be the Netbox coin address provided for by the receiver while the sender must have the Netbox coin balance in their account to send to the receiver. For the sender, a blank space to insert receiver address and another blank space to insert the amount to send to the receiver is indicated. Here is how it looks like;

Knowing more About Netbox

If you feel that you need to learn more about Netbox cryptocurrency, then you can follow them on their site. Here is the link redirecting you to Netbox platform website https://netbox.global/

Now that you know, I think that it is time for you to start earning some Netbox cryptocurrency simply by browsing on their platform . The more you browse, the more your earning. If you feel that I should also own some Netbox coin for helping you to know about it then here is my Netbox address;

NiUQXGuSLdQa44Nq9ATg89MakizNHtPhoS

Commodity channel index was developed by Donald Lambert with the main objective of measuring the deviation of a commodity price from its average statistical price. According to Donald Lambert, he suggested that when the value of the commodity channel index is high, that is an indication that the price is also high while when the value of the commodity channel index is low that is an indication that the price is also low. Donald lambert further derived the commodity channel index formulae as follows;

-Finding the typical price by adding the high,the low and the close price of each bar and then divide the whole result by 3.This is as follows;

TP=(HIGH+LOW+CLOSE)/3

-calculating the n-period SIMPLE MOVING AVERAGE of typical price.This is as follows;

SMA(TP,N)=SUM(TP,N)/N

-Subtraction SMA(TP,N) from typical prices of each of preceding n-periods.This is as follows;

D= TP-SMA(TP,N)

-Calculating the n-period SIMPLE MOVING AVERAGE of absolute D values.This is as follows;

SMA(D,N)=SUM(D,N)/N

-Multiplying the received SMA(D,N) by 0.015.This is as follows;

M=SMA(D,N)*0.015

-commodity channel index(CCI) is then gotten by dividing M by D.This is as follows;

CCI= M/D

Where as;

HIGH is maximum bar price

LOW is minimum bar price

CLOSE is close price

SMA is Simple Moving Average

N is number of periods used for calculation while;

SUM is the sum.

commodity channel index has an oscillation at point 0 where the CCI oscillate above or below.When the CCI curve is above +100(positive 100 ) that is an indication that there is an overbought in the market while when the CCI curve is below -100(negative 100) that is an indication that there is an oversold in the market.At overbought market which is above 100,the CCI curve will signal the trader to close any buy position and open a sell position since the market will start moving downwards while at oversold market which is below -100,the CCI curve will signal the trader to close any sell position and open a buy position since the market will start moving upwards.This is indicated as from the candle stick chart below;

From the candle stick chart above,the commodity channel index curve is indicated by the two red joining arrows.The oscillation point 0 is indicated by the first red arrow.There is two points,point A and point B.At point A the CCI is below -100 thus an indication of oversold market thus signaling the trader to close any sell position and enter a buy position since the market has started moving upwards as indicated.At point B the CCI is above 100 thus an indication of overbought market thus signaling the trader to close any buy position and enter a sell position since the market has started moving downwards.

Recommendation:if you are a day trader just use 1 min,5 min,15 min and 30 min time frame while if you are a swing trader just use 1 hour and above time frame if you want commodity channel index indicator to work well for you.

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