| Product

We’re elated to command label comparability charts on Kraken Desktop. This contemporary capability permits merchants to confirm as much as 10 markets on a single chart, making it more uncomplicated than ever to set trends, visualize correlations and reach insights into market actions. Whether you’re monitoring Kraken attach markets, perpetual contracts or mounted-maturity futures, this feature is built to make stronger your buying and selling approach from every angle.

All of your markets, one chart

With right-time comparability charts, you might maybe well maybe maybe now visualize market records for more than one time series on a single chart. Launch by configuring your predominant market, then add as much as 10 other markets for aspect-by-aspect comparability. You would pan across diversified time frames, zoom in for detailed diagnosis or even apply drawing instruments straight to your comparability chart for a deeper dive into market actions.

This feature is smartly suited with all Kraken attach and derivatives markets, making it a versatile addition to your buying and selling toolkit. It’s particularly great when comparing label trends across both perpetual and mounted-maturity futures, offering the perception well-known to conclude earlier than the game.

3 ideas to visualize market records

Every trader has their very have manner of decoding records, which is why Kraken Desktop affords three ideas for comparing markets on a single chart:

  • Develop/loss share: Visualize the proportion commerce for every market over a specified duration. This note is ideal for assessing which markets are displaying the largest gains or losses relative to one any other.
  • Relative index to 100: Normalize every market’s label records to a starting index of 100. This lets you witness how every market has moved relative to one any other, making it ideal for monitoring correlated actions across diversified sources or derivatives contracts.
  • Single axis: Overview raw label records on a single axis, providing you with a easy note of label trends. Here’s particularly valuable for analyzing mounted-maturity futures contracts of the similar asset, allowing you to witness how they diverge or converge over time.

And with elephantine withhold watch over over line styling and colours, you might maybe well maybe maybe customize every market’s representation to suit seamlessly into your existing buying and selling dashboard.

How active merchants can expend right-time comparability charts

This great feature isn’t honest about displaying records. It’s about leveraging knowledge to reinforce your buying and selling approach. Here are a few ideas that active merchants can expend right-time comparability charts to call alternatives and bag a strategic edge:

  • Residing correlation patterns: By comparing more than one markets on a single chart, merchants can mercurial name correlations between sources. As an instance, if Ethereum (ETH/USD) and Solana (SOL/USD) are inclined to lope in tandem, a unexpected divergence might maybe well maybe imprint a seemingly buying and selling opportunity, fair like arbitrage or a shift in market sentiment.
  • Analyze derivatives market construction: When analyzing Kraken’s mounted-maturity futuresthe relative index to 100 note might maybe well even be particularly precious. It lets in merchants to witness how diversified derivatives contracts for the similar asset behave over time. This makes it more uncomplicated to set discrepancies between contemporary market costs and derivatives contracts, potentially uncovering mispricings that can maybe well maybe also be exploited.
  • Music leading and lagging indicators: Use the reach/loss share note to witness which sources are leading or lagging at some level of a market lope. This can wait on name momentum shifts and merchants can adjust their ideas accordingly – for instance, pivoting into stronger-performing sources or taking fair correct thing a pair of lagging market that is poised for a rebound.
  • Seamless integration into your buying and selling structure: Kraken Desktop’s comparability charts might maybe well even be integrated into your existing buying and selling structure alongside other modules love snarl books, depth charts and commerce execution instruments love snarl tickets or ladders. This lets you bag a personalized dashboard tailor-made to your buying and selling type, where you might maybe well maybe maybe analyze comparative records without losing undercover agent of the broader market image.

Top Tip: Detect contemporary board layouts in the Kraken Desktop dashboard gallery.

Ready to raise your buying and selling?

With the right-time comparability charts feature, Kraken Desktop puts unparalleled analytical energy correct at your fingertips. Whether you’re a seasoned trader or honest getting started, you’ll take care of the flexibility and precision that this contemporary feature brings to your buying and selling toolkit.

Availability of Kraken Desktop is field to obvious barriers and eligibility criteria. These affords are for now not contemporary knowledge capabilities simplest and are now not investment recommendation or a recommendation or solicitation to aquire, promote, stake, or help any cryptoasset or to have interplay in any particular buying and selling approach. Kraken makes no representation or guarantee of any sort, dispute or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such knowledge and might maybe well maybe easy now not be liable for any errors, omissions, or delays in this recordsdata or any losses, accidents, or damages coming up from its disguise or expend. Kraken would now not and might maybe well maybe easy now not work to amplify or decrease the price of any dispute cryptoasset it makes on hand. Some crypto products and markets are regulated and others are unregulated; regardless, Kraken might maybe well maybe or might maybe well maybe now not be required to be registered or in any other case permitted to give particular products and services in every market, and you might maybe well maybe maybe now not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the crypto-asset markets can lead to lack of funds. Tax might maybe well maybe be payable on any return and/or on any amplify in the price of your cryptoassets and you might maybe well maybe maybe easy glimpse self reliant recommendation on your taxation attach. Geographic restrictions might maybe well maybe apply. See Appropriate Disclosures for every jurisdictionright here.

The provision of any products and services by strategy of Kraken Desktop, at the side of, but now not limited to, products and services to join to, commerce on, note market records, or in any other case engage with the Kraken platform, and the disguise of any whisper by strategy of Kraken Desktop, is field to theKraken Phrases and Stipulations.