Frequently asked question


Most financial market participants have false beliefs about how that market functions and what laws govern it.

Subjected to the Dunning-Krueger effect, which is “People with low skill levels draw erroneous conclusions and are unable to recognize their mistakes because of their low skill levels,” participants become hostage to their own false beliefs and are unable to see an objective market situation.

The first step on the way to an objective understanding of the market is to get rid of false beliefs.

This, of course, contributes to the growth of the deposit.

What is Resonance?

It is an analytical platform that is used for searching and analyzing supply and demand volumes. Serving as a market sensor, Resonance helps to assess market sentiment and determine in which asset group (ALT, BTC, STB, etc.) demand is increasing.

Unique search algorithms based on our team’s years of financial experience using machine learning allow you to find the prevalence of demand over supply (imbalance) faster than most and, consequently, earn more.

A cluster chart assists in finding a specific entry and exit point for a trade.

Concurrently, Resonance offers an interactive marketplace with real-world examples.

Advantages over technical analysis

Technical analysis uses price as the main indicator, both for manual analysis (candlestick, charting), for indicator analysis (RSI, MACD), and automation.

However, the price is determined by the interplay of supply and demand volumes. When demand dominates the market, buyers create shortages, leading to an increase in prices.

Using simple charts on the Resonance platform you can understand the movement of volumes and the balance between them.

I trade in futures

The platform features tickers from the most popular futures exchanges, ensuring real-time data accuracy on the charts.

Why so?

Futures contract prices are established in the spot market, eliminating the necessity to analyze futures quote volumes. The surge in demand on the spot market serves as the cause, leading to a subsequent increase in futures prices. Approximately 95% of volumes in futures are attributed to arbitrage and margin noise

What are market indices?

Our research indicates that merely knowing transaction volumes is insufficient; one must comprehend the equilibrium between supply and demand, track how this balance has evolved, and identify the current movements of funds—both withdrawals and investments.

For this reason, we have developed indices to ascertain:

● the amount of money spent by buyers or sellers during a price movement,

● the ticker groups from which money is withdrawn and those in which it is invested.

I have no understanding of volume analysis

We understand that acquiring certain knowledge may take years, so we have streamlined that journey by establishing an online university. Our interactive course is designed to swiftly and comprehensively guide you through the concepts of scarcity, how to identify assets with scarcity, and how to capitalize on them for profit.

Our training is instruction on how to use the tools and a few trading strategies.

Is there any way to learn how to use the platform without training?

Yes. There is a question mark on almost every window with accompanying text and video prompts for clear explanations.

The simplest algorithm to use:

● Go through the screener, page by page, and identify a significant accumulation of clusters, preferably without a significant price change.

● Go to the Market Time & Sales and analyze the asset in detail: if there is a significant accumulation at the bottom of the price movement, it resembles demand; if at the top, it indicates selling off.

While this may be a simplified approach, it proves to be more effective than any method of technical analysis.

How much does the platform cost?

While most of the platform features are accessible for free, there are limitations on timeframes and data types. Details about the costs of additional tools can be found on the Tariffs page.

A free trial period with a slight data lag is also offered, allowing you to observe how the search algorithms perform historically.


Yes, we are a sect (lat. secta – school, doctrine). Our doctrine is to cut off anything that is not proven by facts, figures, or at least common sense. Truth cannot be criticized or questioned. Fantasy and wishful thinking are very shaky grounds that we immediately discard. That is why we do not use technical analysis (TA), wave analysis, mathematical indicators, VSA, Price Action, candlestick patterns and so on.

Random coincidence does not produce stable results. That is why we only rely on supply and demand analysis on the spot market.

Sometimes we speak sharply. In particular, when a person appears in the chats who correlates us with TA. After a while he either becomes completely disappointed in TA or leaves us. It’s not easy to accept the fact that TA is ineffective, that a line drawn on the monitor doesn’t add money to the order book. That’s why dialogues on these topics are meaningless and suppressed by the community.

We are against the use of inefficient, unproven methods of market analysis. Spending time to prove ourselves otherwise is ineffective. Millions of people in the world have failed to prove it. We won’t be a million first.

Floodbuster / Deleting messages

It does not and will not exist. All of our chat rooms are designed to form a professional community of traders. Communicating on free topics in professional chats is unacceptable, because it turns the work process into a clownery, and the chat room itself into a "spam machine". Distraction of the trader during work can lead to mistakes, incorrect decisions and loss of capital. That’s why there is strict moderation in all chat rooms.

Recommendations for message design

If you are interested in an asset, you first need to open it through the Resonance platform, look at the cluster chart, look at this asset to all pairs on all available exchanges, look at all types of charts: volume, delta, number of trades.

If you notice any unusual activity, you need to take a screenshot of this activity and drop it into the chat with the hashtag of the coin (e.g. #GAS or #XLM) and a description of what you see.

This will help you better understand for yourself what you see. It will also help others notice what they may have missed. It will help others learn. It will make our community effective in finding good trading ideas.

Before you post, check through a search for this hashtag to see if someone has already analyzed this asset recently. And your post may be able to supplement or update it.

Where are the signals?

Liquidity is capital. And any capital affects the market. The analyst’s task is to determine the balance of the asset (the state of balance between supply and demand). The trader’s task is to calculate the liquidity of the asset, assess the amount of capital under management and evaluate the permissible position size for the given liquidity of the asset, calculate the risk per trade and gain a position. If necessary, to exit a position without upsetting the balance of the market.

Each asset has its own balance. Each trader has its own volume of capital. Decision-making on prices and volumes of entry and exit is a matter for each trader. What is acceptable for one is unacceptable for another. One looks at the scale of the last hour, someone looks at the scale of the last year. One has $100 capital, the other has $100,000.

Why the chart cannot be shifted with the mouse and enlarged / reduced

To analyze the market, you need the most current and up-to-date information on supply and demand now, not in a historical perspective. It is important to spend a minimum of time evaluating the current state of a single asset. That’s why the charts are set up for the fastest possible viewing and show the most necessary information.

If we did not see anything unusual immediately, then why look closely into the chart and try to find something there? It’s better to look through hundreds of assets and find really obvious trading opportunities than to try to make them up where they don’t exist.

Apophenia and pareidolia

Apophenia is an experience consisting in the ability to see structure or relationships in random or meaningless data. The term was introduced in 1958 by the German neurologist and psychiatrist Klaus Conrad, who defined it as “unmotivated seeing of relationships” accompanied by a “characteristic sense of inadequate importance” (abnormal consciousness of meaning).

Pareidolia, pareidolic illusion, is a type of visual illusion that occurs in both mentally disturbed and healthy individuals. It consists in the formation of illusory images, which are based on details of a real object. Thus, a vague and incomprehensible visual image is perceived as something distinct and definite - for example, figures of people, animals, or fairy creatures in clouds in the starry sky, wallpaper on a wall, or a carpet. In the mentally healthy, pareidolia can manifest itself, for example, as a false perception of an image of a person’s face on the surface of the moon or Mars.

Wave analysis, technical analysis figures, Gann’s method, and other technical analysis occupy a place in our heads because of the effects of apophenia and pareidolia.

Why we share a working trading strategy for free

The market is liquidity.
Liquidity is money.
When we trade, we make a lot of transactions.
A lot of trading is liquidity for those who trade intraday and execution of orders of large investors who gain a position over the long term.
A lot of trades means commissions for exchanges and brokers.
The earnings of exchanges and brokers contribute to the development of infrastructure and increase the number of people in the market. Accordingly, liquidity will increase.
The better the infrastructure is developed, the more arbitrage algorithms and the less price manipulation. Less manipulation makes the market more secure, which attracts traders and investors.

We share working strategies so that more people will come to the market. Because everyone will get what they want, traders get volatility and liquidity, funds get liquidity and perspective, exchanges get liquidity and commissions, product companies get clients and infrastructure to develop further.
Resonance will get a professional community, changing the usual ways of doing things.

Regularity or ineffectiveness


For example, the demand for warm clothing increases in winter. All clothing retailers know this, and they begin to offer more warm clothing. The competition grows. Over time, the pattern reaches a state where it is possible to make money only at the cost of large investments.


Inefficiency should be capitalized on. If the city’s point A to point B passenger distribution is poorly performing, this is a great opportunity to set up a distribution company and make a profit.

By eliminating inefficiencies, we attract attention and increase competition. By making the market more efficient, we generate interest from participants with money, thereby developing the market. And new entrants create other inefficiencies, by eliminating which we make money.

It’s a vicious circle that results in increased quality of service and higher standards of living.

An efficient market is a stable balance in the volume of buyers and sellers. When the price does not go up, and there are more buyers and fewer sellers, then there is a shortage, and that is inefficiency, which should soon come to a balance and, as a consequence, an increase in price.

Cause and effect (supply and demand)

The market is three parameters: time, price, and volume. Participants exchange volume at different times at different prices. When participants can’t see each other, they can’t negotiate. They can only offer their volume at some price (a limit order) and buy the volume that is available at some price (a market order).

If the buyers have more money than the volume of the asset at the current price, the buyers will buy all of the volume and the price of the asset will go higher, and the asset will be in deficit. A volume deficit always leads to a change in price.

Volume deficit is the cause, price change is the effect.


Anomaly (Greek ανωμαλία) - deviation from the norm, from the general picture, irregularity.

In our case the anomaly is the increased number of transactions, increased volume, overshoot of delta between purchases and sales, large delta between the volumes of limit orders for purchase and sale. The anomaly can be understood by evaluating the dynamics of changing of these parameters over time.

For example: If we see that the conditional demand was lower at an asset till today and the price hasn’t risen yet, but the number of deals starts to grow and the number of BIDs in the order book grows - this is an abnormality, it is a sign of interest of the participants. If the interest will remain or grow, the participants will create a deficit (see Deficit).


Deficit (Latin deficit "lack", deficio “to be poor”) is a shortage of something. The excess of aggregate demand over aggregate supply. A shortage of a resource or factor of production.

In the market, it is a lack of volume of an asset at certain prices. A shortage of volume to sell always leads to an increase in price.


It is an imbalance between the volume of purchases and the volume of sales.
Signs of imbalance are called anomalies (see Anomaly).


Arbitrage (from Fr. Arbitrage - a fair decision) is several logically connected transactions aimed to profit from the difference in prices of the same or related assets at the same time on different markets.

Thanks to arbitrage algorithms, prices for the same asset do not vary significantly from market to market. If the price on one exchange has risen and not yet on the second exchange, the arbitrage algorithm buys on the second exchange at a low price, thereby raising the price and sells on the first exchange at a higher price, thereby lowering the price.

Arbitrage does not only work on the same trading pairs. For example, a AAA conditional coin trades to BNB, BTC, ETH, XRP and USDT.

If the AAA coin goes up in value due to its own appreciation, then against all quoted currencies its price will go up.

Alternatively, the AAA coin’s price may rise due to the depreciation of quoted currencies. For example, if the BNB against the USDT has fallen in price, the AAA price for the BNB will rise. At the same time, the AAA price for USDT will remain unchanged.

Arbitrage algorithms not only equalize the price, but also distribute liquidity. The volume of money is finite. If market participants are actively selling AAA coin for BNB, the arbitrage algorithms, determining the scarcity, begin to move the volume of BNB from the BNB/USDT and BNB/BTC pairs, thereby increasing the value of BNB. These actions lead to a series of actions by other algorithms, resulting in increased volatility of the entire market.

Another example: imagine that you have a coin and it is traded on 2 exchanges and each has 3-4 pairs. We need to equalize the price and balance the volume in the order book, so that someone does not move the value of the asset to the clouds or to the bottom. We can stop the growth of the price by our emissions. And we have to stop the fall in price with money. This means that we have to buy the quoted currency and put orders. Thus, when buying currencies, we affect the quoted currency.

Market participants

There are two sides: the Sell Side and the Buy Side.

The Sell Side is the side of the sellers of services. Exchanges, brokers, software, analytics, news, investment funds. It is this side that is more responsible for the development of the market infrastructure and the industry. They adjust the direction of development.

The Buy Side is all the participants who take advantage of everything the Sell Side offers. Because the Buy Side pays a large number of commissions, the Sell Side has the opportunity to develop the industry and make its services cheaper.

The Buy Side can be roughly divided into those who invest a lot and long term, medium term investments and short term speculation (including HFT, LFT and arbitrage). The higher the amount of capital, the longer the duration of a position’s set up and, consequently, the longer the period of exiting the position.

The higher the amount of capital, the lower the impact of ad hoc decisions. Large capital creates sustained deficits and has the greatest impact on asset prices. It is large capital that buys all price declines, averaging out its investors’ positions, thereby stopping the price decline. Or, by dumping, it strengthens the overall trend.

The other groups of participants create daily volatility by creating and eliminating deficits everywhere.

Why don't we share deposit growth numbers

First of all, in the market, it is the calculation of risks that is important, not profits.

Everyone has an opportunity to enter a growing market successfully and multiply capital. Only we all know millions of examples where people lost everything on a single trade. The size of the profit is proportional to the size of the risk (see Level 6 training).

Psychological pressure: when a person has already understood market principles and uses only supply and demand analysis he is more likely to stick to risk management. But if he is stimulated by showing other people’s successes and big ROIs, he may start to feel inferior and want to do the same. He will probably start to increase his risk per trade (increasing his position volume with or without leverage).

Yerkes-Dodson’s law (motivation level as an inverted “U”): when there is little reward, the work is done "offhand". In proportion to the growth of the reward, the effort put in increases. In this case, the excitement from other participants increases and, as a consequence, the number of errors increases due to psychological pressure. Conclusion: weak motivation is insufficient, and excessive is harmful.

As a result - drained capital and disappointment in everything: the market, tools, people around.

Favorite coin / asset

We all want to trade one asset. Because we don’t want to waste time looking for it.

We remember that a coin made x3 and now the price is down again. We expect it to do x again and we don’t want to miss it. We want to “understand” this asset. However, that’s not how the market works.

But! Let’s be honest – we are not interested in the asset, but in the probability that it will rise again. That’s why we need to understand not a single asset, but the mechanism of the market and the balance of the market. That’s where the truth is! If we, instead of looking for coins that have anomalies, follow the ones we like, we’ll miss the good stuff and end up with nothing. We should not wait and think, but look for what has already happened or is happening now.