Have you thought about becoming one more crypto investor or you have already purchased some coins and try to earn on trading? Modern traders use different tools which help them to avoid manual analysis and the best crypto screener is one of them. If you decided to try trading on the crypto markets and want to get the most profitable deals, you need a reliable crypto screener.
It is natural that the name of this tool does not explain all its functions and features, so it is necessary to understand what exactly a crypto screener is and which screeners are considered to be the best for trading nowadays.
Look: this article will explain to you the notion of the technical crypto screener and focus on 6 best platforms to use today.
What is a Cryptocurrency Screener?
Technical Cryptocurrency Screener is a platform which performs the analysis of one or multiple conditions to be considered when you trade assets. Before the introduction of crypto screener platforms, all the conditions were analyzed by traders manually. However, crypto screeners have eliminated challenges faced by traders and took a great number of their responsibilities making deals more profitable and faster.
Since the term ‘Technical Cryptocurrency Screener’ consists of three words, each of them makes its contribution to its meaning.
- Screener is a synonym to a scanner, a tool which analyzes multiple criteria until it finds the ones required. A screener works like a search engine and requires an accurate query to offer the most suitable results.
- Cryptocurrency is the object to be found by the screener according to the query.
- The word ‘technical’ implies the meaning that a screener uses technical analysis of the crypto price of two types: price action and indicator-based one.
Its main goal is to minimize the trader’s time spent on the search of the necessary coin and getting the latest information about changes in the token price if you screen for the right criterium.
Best Crypto Screeners
It is natural that with the growing popularity of crypto coin trading and the demand for screeners, many companies tried to launch their websites and sell their services to traders. However, not all of them are as efficient as the best crypto screeners from the leading crypto platforms. This top 6 of crypto screeners is appreciated by traders most of all, so it is important to be aware of their features and characteristics to take advantage of them fully.
TradingView
Crypto screener from TradingView company is a part of the large platform. It was launched at the end of 2017 and now features almost 8,000 registered users. The screener can be tried free of charge supporting such exchanges as Poloniex, Kraken, Bittrex, Coinbase Pro, Binance, and Bitfinex. The screener sends signals the weekly number of profit buy signals is 1,074 and 102 sell signals. It means that it is the screener that alerts you when a certain percentage changes which is very comfortable.
The platform offers comprehensive browser-based charts and you can filter your stocks using several ways (by volume, sectors, low-price stocks etc.). You can also select a necessary token and a destination to look for it. There are multiple technical and additional filters which can be turned into a trading routine which provides a trader with the best opportunities depending on the style of trading.
There are four columns to consider including an overview, performance, oscillators, and trend-following. Moreover, there is a real time data which is refreshed regularly. It is also worth mentioning that this screener has fundamental metrics and over 150 technical criteria to guarantee a more robust scan. It utilizes a sliding scale used for setting screening criteria, so there is nothing difficult in using it. The screener features global data coverage, watchlists with several fundamentals, and different economic indicators including their comparison.
There are 3 subscription levels for TradingView screener each of which can be tried for 30 days for free. You can choose PRO, Pro Plus, and Premium subscription which differ in the number of functions and start from $9.95.
Yahoo Finance
Being a part of the large Yahoo Finance platform, a screener helps to achieve exchange trading goals too. It features 15 criteria and a few pre-defined stock screens. The chart data is updated every 2-3 seconds, but a great drawback of this screener is an inability to export results.
Traders are also offered to sort data using only one criterium though the results are provided very quickly. It is also possible to adjust the results to show the exchanges you prefer at the very top and then list others. When you click on one of the stocks, you will be taken to a page which contains more detailed information about it.
Traders can set up their own portfolios and follow the latest data of the companies they are interested in. Since this screener is a web app, it can be accessed from any device.
It is good news that Yahoo Screener is free of charge and requires only registration on the platform. You just open the website, select a screener, and use the information you are interested in.
Wallmine
When it comes to professional crypto screeners, it is impossible not to mention Wallmine screener used to scan over 1,800 coin market cap. This technical and fundamental crypto screener offers traders to set up necessary criteria choosing from three basic groups: performance, fundamental and technical indicators. The website also offers sample screener configurations listing the most traded cryptocurrencies of the day and ever, ones which perform the best of all, ones with undervalued growth etc.
The basic tools of the screener look as follows:
- Fundamentals (ICO year, token availability, and market capitalization),
- Technical criteria (SMA, RSI, and MACD),
- Hundreds of cryptocurrencies and their cost on several exchanges,
- Easy interpretation (green colored values show growth and red ones decline),
- Possibility to export results into a spreadsheet,
- Adjustable alerts in the form of emails and push notifications.
This screener with audio alerts suggests traders its unique market map and visualizations to get quick information on the volume of every coin and market segment. Moreover, this screener can be used on any mobile device with the notifications, advanced charts, watchlists, and market overview features. The platform encourages its users to sign up for free to get access to the more extensive list of tools.
BitScreener
Launched in 2017 BitScreener was recognized to be one of few all-in-one platforms which delivers valuable information to traders and people interested in cryptocurrency. The information provided by this website is accurate and detailed while the list of functions includes filtering coins on the basis of different market criteria, overlaying important chart technical indicators, accessing aggregate crypto news etc.
The list of tools provided by the platform is quite impressive:
- Filter cryptocurrencies on the basis of multiple criteria. It is possible to use such parameters as price, volume, market capitalization, exchange, performance, order, type, age, and others,
- Advanced technical analysis with indicators such as Simple Moving Average, Bollinger Bands, and Relative Strength Index to overlay charts,
- Providing the latest news and information about the crypto industry and every coin in particular,
- A comprehensive homepage which displays the overview of all markets including the Heatmap.
The platform suggests screening of 2,333 coins. It is possible to register on the platform to get more access to the data offered on the website. It will not cost you anything to use BitScreener unless you wish to make a donation yourself.
WeissCrypto
Weiss Ratings is a rating agency which has been operating since 1971 and now supports over 150 exchanges. With the introduction of cryptocurrency, it has added multiple exchanges and stocks for the analysis too to earn money on sales of ratings and researches. Now its goal is to help people to ‘identify the truly solid cryptocurrencies’, so it was a reason to launch a professional crypto screener too.
This website suggests filtering coins by technology as well as choose ones in accordance with the personal rating of the platform. It is enough to indicate the type of coin, the technology used, add criteria required and columns if necessary to get a fast and efficient chart.
The platform offers access to filters only to registered users and without a necessity to pay anything. However, it is also possible to buy a PLATINUM account to get access to over 1,200 coins, instant rating alerts, exclusive coin reviews, screener and compare tool. It is also possible to create a personal watchlist and get emails about changes in the value of the crypto coins selected.
CoinWatch
People who are connected with cryptocurrency did hear about CoinWatch platform which is a comprehensive research tool allowing users to make insights into the world of cryptocurrency. This platform has launched its crypto screener which offers information on over 2,000 coins. There are not many criteria, but the existing ones play a very significant role. You can filter coins by price, change (1 hour, 24 hours, 7 days), market cap, volume, media buzz, news sentiment.
The platform provides real-time information on coin price, volume, K-line data, project information, net flow, depth, whale order, etc. It supports multiple exchanges including Binance, Huobi, OKex, ZB, Bibox, Bitstamp etc.
CoinWatch is a free crypto screener with alert sounds and notifications about price changes. Traders will appreciate OBV indicator, recent news, professional analyses from experts and other useful information.
The platform can be accessed from any browser as well as from the app downloaded to the mobile device. The screener is free to use and offers many useful functions for traders.
How to Use a Crypto Screener
In fact, there is nothing difficult in using a crypto screener since most of them are simple web platforms. However, you need to make several simple steps to be able to use most of them:
- Select a necessary screener.
- Open its page in the browser.
- Register on the platform.
When your access to the screener is full, it is time to adjust charts to your requirements. For this purpose, you need to select the coin, the corresponding criteria, and apply a filter. As a result, you will get a chart with the necessary information.
Conclusion
A technical crypto screener is a reliable assistant for many modern traders since it minimizes their efforts significantly. Moreover, such platforms help crypto users to stay tuned and never miss important changes in the market. That is why the choice of an efficient crypto screener is a very important task. We decided to help you with this responsible decision and tell about the top 6 best screeners in this article.