Offer and ask for calculations for Ethereum subscriptions
When you build a chart to monitor your order information, how the offer (offer) and ask (ask) prices are calculated are crucial. In this article, we will break down the bidding process and ask Ethereum using the Cryptsy application.
What offers and ask for prices?
The Bid (BID) price represents the highest price that the buyer is willing to pay for the asset at any time.
Ask (ask) the price represents the lowest price that the seller is willing to accept the asset at any time.
How are the offer and asking?
In Ethereum, bid and questionnaires are calculated on the basis of real-time market information. The process includes:
- Market Information Search : Cryptsy API retrieves market information from Ethereum Exchange servers.
- Price calculation : API uses algorithms to calculate the offer and demand for prices based on market information. These calculations typically include:
* Average real area (ATR)
* Moving averages
* Relative strength index (RSI)
- Time Stamp : The calculated bidding and question prices are timestamps with similar time stamps.
- Price storage : The calculated bid and question prices are stored in a database or data structure such as a table or hash map.
Cryptsy API implementation
To make the offer and ask for a calculation of the graph, you have:
- Sign up for a cryptic account and get access ID.
- Use the “Get /Market /Bid” point to pick up the promotional prices followed by
Get /market /ask for a end point to apply for prices.
http
curl -x get \
\ \ \
-H ‘Authorization: Barerer your_access_TOKEN’ \
-d ‘id = 1’
`
Answer:
`Json
{
“Offer”: [
{“Timestamp”: 1643723400, “Price”: 2.5435},
{“Timestamp”: 1643719400, “Price”: 2.5428}
],],
“Ask”: [
{“Timestamp”: 1643723400, “Price”: 2.5447},
{“Timestamp”: 1643719400, “Price”: 2.5433}
–
}
`
Implementation of the chart
To display the offer and ask for a graph for prices, you can use a data structure such as a table or hash map to save the calculated prices. Here’s an example with Python:
`Python
Bring JSON
Class Etherumummarket:
Def __init __ (yourself):
Self.bids = []
self.asks = []
Def Get_bids (Self):
Offer yourself.bids:
Print (F “Timestamp: {offer [‘Timestamp’]}, Price: {offer [‘price’]}”)
Def Get_asks (Self):
Ask Self.asks:
Print (F “Timestamp: {ask [‘Timestamp’]}, Price: {ask [‘price’]}”)
Example of use
Market = Etherummarket ()
Market.get_bids ()
Although true:
Response = Input (“Write ‘Get offers’ to pick up existing prices or ‘exit’ to quit:”)
If the answer == “exit”:
break
other:
Market.Get_asks ()
`
This code is applying for the current offer and asks for prices from the Get /Market /Bid and Get /Market /Ask` terminals. You can use this implementation as a starting point for the chart.
tips and variations
- To improve performance, consider using a database, such as Redis or Mongodb, to store the calculated prices.
- Consider filtering additional features such as property pairs or timestamps by increasing the functionality of the graph.
- When applying for an offer and asking external application subscriptions, follow the best practices for safety and interest rates to avoid API rates.
By following these steps and understanding how bidding and questionnaires are calculated using the Cryptsy application in Ethereum, you can create an effective chart that effectively visualizes order information in the cryptocurrency market.