Commando takes the heavy lifting out of scanning the markets for opportunities. It scans over 100 cryptoassets and using millions of data points it uses an algorithm to score each asset – quickly identifying the best opportunities in the market. By default, every asset is included and is listed in alphabetical order. To begin, we would suggest clicking the arrows next to Score – this will sort the assets in ascending or descending order (depending on which arrow you select).
The scoring for Commando goes from -1 to +3. One of the metrics that feeds into Commando is trend strength. Therefore, the lowest or highest score isn’t necessarily the most bearish or bullish score, it can just mean that the trend has been stronger for longer. This might mean that there was a convincing move unlikely to reverse, the best opportunity for outside returns could well have passed.
We found the sweet spot to be between 1.75 and 2.0. An asset that’s score moves above these has an outsized probability of increasing in value in the following 28 hours. The important note here is that all the assets scores in the prior 24 hours must have been below 1.75. To find assets that match this criteria, we click the funnel next to Score and put in our parameters.
We can further select using the other columns – for example we can select the assets with a score between 1.75 – 2 and that are green or teal on the 30m and 1h Predator.
We see in this example that Avalanche $AVAX meets this criteria. Below it, Orion Protocols previous score was 1.89 which using our earlier criteria discludes it. Next, we click on the AVAXUSDT ticker to get a more indepth version of the asset so we can continue our analysis. Once we do that, we’re presented with a chart showing the Commando score for the previous 5 days, overlaid on price. To the right we have the Predator prints for 30m and 1h time frames, with the latest relative news beneath it.
To further our asset analysis, we have the FOILS table for the asset underneath the Commando chart. This allows us to rapidly digest if derivatives are bullish or bearish for the asset. If we want to dive even further into the derivatives data, there are a variety of charts underneath the FOILS table. We can see that FOILS is bullish for $AVAX, adding confluence to the bullish Commando score. Finally, to the right of FOILS we have the official Avalanche twitter feed – this can highlight any important announcements that might be supporting bullish price action!
After Avalanche met this criteria, it rallied 11.77% in the following 28 hours. Whilst this would have been a great trade in its own right, we can see that Commando continued printing strong scores for it, implying the trend to the upside was very strong. From the initial signal to peak was an impressive 28.09% increase!
Disclaimer: Nothing within this article should be misconstrued as financial advice. The financial techniques described herein are for educational purposes only. Any financial positions you take on the market are at your own risk and own reward. If you need financial advice or further advice in general, it is recommended that you identify a relevantly qualified individual in your Jurisdiction who can advise you accordingly.