What is Price-Action API?
The API provides resistances and supports data for usage in alerts systems, trading algorithms, or research. The data is being generated in a semi-automated way, that includes human verification.
Problem
Users need accurate resistances and supports data for trading algorithms and alerts systems. The existing solutions often involve manual data processing, which can be time-consuming and prone to errors, adding to the workloads of traders and analysts.
Manual data processing
Solution
An API providing resistances and supports data.
provides resistances and supports data for usage in alerts systems, trading algorithms, or research
Customers
Financial analysts, traders, and developers in fintech
often aged 25-45, residing in financial hubs, and proficient in technical analysis and data-driven decision making.
Unique Features
The data is generated semi-automatically, ensuring accuracy and reliability through human verification.
User Comments
Users appreciate the accuracy and reliability that human verification provides.
There's positive feedback regarding the ease of integration.
Comments mention improved efficiency in trading strategies.
Some users suggest additional data metrics could be helpful.
The support and response time from the team is praised.
Traction
The API is launched recently and is gaining initial traction from individual traders and small to medium-sized algorithmic trading firms.
Market Size
The global algorithmic trading market was valued at $12.1 billion in 2021 with a projected CAGR of 12.2% from 2021 to 2030.