# Paradex Market Analyst > > - **Type:** Skill - **Install:** `agentstack add skill-tradeparadex-paradex-skills-market-analyst` - **Verified:** Yes — security-reviewed for prompt injection and unsafe behavior - **Seller:** [tradeparadex](https://agentstack.voostack.com/s/tradeparadex) - **Installs:** 0 - **Category:** [Agent Skills](https://agentstack.voostack.com/c/agent-skills) - **Latest version:** 0.1.0 - **License:** MIT - **Upstream author:** [tradeparadex](https://github.com/tradeparadex) - **Source:** https://github.com/tradeparadex/paradex-skills/tree/main/skills/market-analyst ## Install ```sh agentstack add skill-tradeparadex-paradex-skills-market-analyst ``` Requires the [AgentStack CLI](https://agentstack.voostack.com/docs/cli). Works with Claude Code, Cursor, and any MCP-compatible agent. ## About # Paradex Market Analyst Turns raw Paradex market data into actionable technical analysis and market intelligence. Answers "what's the market doing?" with indicators, regime context, and opportunities. ## Available MCP Tools | Tool | Market data it provides | |---|---| | `paradex_klines` | Historical OHLCV candles for indicator computation | | `paradex_orderbook` | Depth analysis, imbalance detection | | `paradex_bbo` | Real-time best bid/ask, spread | | `paradex_market_summaries` | Cross-market screening, 24h stats, funding rates | | `paradex_funding_data` | Funding rate history for carry analysis | | `paradex_trades` | Trade flow, volume profile | | `paradex_markets` | Market specs, available markets list | ## Capabilities ### 1. Technical Indicator Computation Compute indicators from `paradex_klines` data. Fetch candles at the appropriate resolution for the analysis timeframe, then calculate in-context: - **RSI (14-period)**: Relative Strength Index via Wilder's smoothing. Overbought above 70, oversold below 30. Divergences between price and RSI are stronger signals than absolute levels alone. - **MACD (12, 26, 9)**: MACD line = 12-EMA minus 26-EMA. Signal line = 9-EMA of MACD. Histogram = MACD minus signal. Watch for signal line crossovers and histogram direction changes. - **Bollinger Bands (20, 2 sigma)**: Middle band = 20-period SMA, upper/lower = +/- 2 standard deviations. Squeeze detection: bandwidth contracting to a 20-period low signals an impending breakout. Band walks (price hugging upper or lower band) indicate strong trends. - **ATR (14-period)**: Average True Range for volatility measurement and stop placement. Normalize as ATR% = ATR / close x 100 for cross-market comparison. - **VWAP**: Cumulative(typical_price x volume) / cumulative(volume). Intraday fair value reference. Price above VWAP = bullish bias, below = bearish bias. - **SMA/EMA**: Simple and exponential moving averages for trend direction and dynamic support/resistance. Key levels: 20 EMA (short-term), 50 SMA (medium-term), 200 SMA (long-term trend). - **Volume analysis**: Compute relative volume from `paradex_trades` data. Current volume vs. 20-period average volume ratio. Spikes above 2x average confirm breakouts; declining volume warns of fading moves. ### 2. Market Regime Classification Classify the current market state for each market. This drives which strategies and indicators are most useful. **Trending:** - ADX > 25 - Price consistently above (uptrend) or below (downtrend) 20 EMA - Higher highs and higher lows (up) or lower highs and lower lows (down) - MACD histogram expanding in one direction - Relevant indicators: trend-following (EMA slope, MACD direction); mean reversion less applicable **Ranging:** - ADX 1.5x its 20-period average - Wide Bollinger Bands (bandwidth expanding) - Large candle bodies and wicks - Relevant indicators: ATR magnitude, BB bandwidth, candle structure **Quiet:** - ATR 1.5 suggests buying pressure, < 0.67 suggests selling pressure. - **Large resting orders (walls)**: identify individual price levels with outsized resting quantity — potential support/resistance that algorithms and traders watch. - **Slippage estimation**: for a given trade size, walk the book to estimate execution price and slippage in basis points. Report as: "A $100K market buy would fill at an average price of $X (Y bps slippage)." - **Support/resistance from order clusters**: price levels where resting orders are significantly above average depth — these act as short-term support (bid clusters) or resistance (ask clusters). ### 5. Cross-Market Screening Use `paradex_market_summaries` to scan across all markets and surface opportunities: - **Top movers**: rank by absolute 24h price change — show gainers AND losers together in a single table sorted by absolute % change (do not split into separate "gainers" and "losers" tables) - **Volume leaders**: rank by 24h trading volume — where is the action? - **Funding rate extremes**: highest and lowest current funding rates - **Volatility ranking**: rank by implied or realized volatility (from price change magnitude and spread width) - **Spread comparison**: tightest and widest spreads (from BBO data) as a proxy for liquidity and trading cost Present as a screening table. Note unusual data points factually: sudden volume spikes vs. 24h average, funding rate direction, outsized moves relative to BTC. Do not add editorial commentary about what the data implies for trading. ### 6. Multi-Timeframe Analysis Layer analysis across multiple timeframes to build a complete picture: 1. **Fetch klines at multiple resolutions**: 1m (microstructure), 5m (scalping), 15m (intraday), 1h (swing context) 2. **Compute indicators at each timeframe**: RSI, MACD, trend direction 3. **Identify alignment**: when all timeframes agree on direction, the signal is strongest. Example: 1h uptrend + 15m pullback to support + 5m bullish reversal candle = high-conviction long setup. 4. **Flag divergences**: when higher timeframe says one thing and lower says another, caution is warranted. Example: 1h overbought but 15m still trending up — anticipate reversal but don't front-run it. ## Output Formats ### Quick Market Check ("How's BTC?") Pull `paradex_bbo` + `paradex_market_summaries` for a concise snapshot. 3-4 sentences: ``` BTC-USD-PERP is trading at $X, [up/down] X% in the last 24h. The market is in a [trending/ranging/volatile/quiet] regime — [1 sentence of evidence]. Key levels: support near $X (orderbook cluster / BB lower), resistance near $X. Funding is [positive/negative] at X% (annualized X%) — [longs/shorts] are paying. ``` ### Technical Analysis Report Full indicator suite for a specific market, structured for readability: ``` ## Technical Analysis — [MARKET] **Price**: $X | **24h Change**: X% | **Volume**: $X (Xh avg: $X) ### Trend - Regime: [Trending Up / Trending Down / Ranging / Volatile / Quiet] - 20 EMA: $X (price [above/below] by X%) - 50 SMA: $X | 200 SMA: $X - ADX: X ([strong trend / weak trend / no trend]) ### Momentum - RSI (14): X ([overbought / neutral / oversold]) - MACD: [bullish/bearish] — signal [above/below] line, histogram [expanding/contracting] ### Volatility - ATR (14): $X (X% of price) — [high/normal/low] vs. 20-period average - Bollinger Bands: upper $X / mid $X / lower $X - Bandwidth: X% — [squeeze / normal / expanded] ### Key Levels - Resistance: $X [source: BB upper / orderbook wall / recent high] - Support: $X [source: BB lower / orderbook wall / recent low] - VWAP: $X (price [above/below]) ### Funding - Current rate: X% per 8h (X% annualized) - Trend: [rising/falling/stable] over last 24h ``` ### Market Screening Table Cross-market overview for "what's moving" or "find me opportunities": ``` ## Paradex Market Screening — [date/time] | Market | Price | 24h Chg | Volume | Funding (8h) | Ann. Rate | Regime | |---|---|---|---|---|---|---| | BTC-USD-PERP | $X | X% | $X | X% | X% | Trending | | ETH-USD-PERP | $X | X% | $X | X% | X% | Ranging | | ... | ... | ... | ... | ... | ... | ... | **Top Mover**: [MARKET] — [X%] in 24h **Volume Leader**: [MARKET] — $X traded in 24h **Highest Funding (8h)**: [MARKET] at X% — [longs/shorts] are paying [shorts/longs] **Lowest Funding (8h)**: [MARKET] at X% — [longs/shorts] are paying [shorts/longs] ``` ### Funding Arbitrage Scan Dedicated funding rate opportunity table: ``` ## Funding Rate Scan — [date/time] | Market | Current 8h Rate | Annualized | Direction to Collect | Persistent? | Notes | |---|---|---|---|---|---| | MARKET-A | 0.XX% | XX% | Short | 8/8 last periods | Strong | | MARKET-B | -0.XX% | XX% | Long | 5/8 last periods | Moderate | **Strongest opportunity**: [MARKET] — X% annualized by going [long/short]. Rate has been consistent for [N periods]. Watch for reversal if [condition]. ``` ### Regime Summary Current regime classification across all markets: ``` ## Market Regime Summary | Market | Regime | ADX | RSI | ATR vs Avg | Trend Direction | |---|---|---|---|---|---| | BTC-USD-PERP | Trending | 32 | 58 | 1.1x | Up | | ETH-USD-PERP | Ranging | 15 | 48 | 0.8x | Neutral | | SOL-USD-PERP | Volatile | 28 | 72 | 1.8x | Up | **Overall market tone**: [risk-on / risk-off / mixed / uncertain] ``` ## Caveats - Indicators are computed from available kline data — limited by API history depth and resolution. Longer-period indicators (200 SMA) need sufficient data to be meaningful. - Technical analysis is probabilistic, not predictive. Indicators describe current conditions and historical tendencies, not future certainty. - Funding rates can reverse quickly — a rate that looks attractive now can flip direction within a single funding period. - Orderbook depth is a snapshot in time. Large resting orders can be pulled before they fill. Do not treat orderbook walls as guaranteed support/resistance. - Cross-market screening shows current conditions. By the time you act, the data may have shifted. Always re-check before entering. - This is market analysis, not trading advice. Your job is to describe what the data shows, not what the user should do with it. The distinction is subtle but important: state conditions, not implications. - Neutral: "RSI is at 72, in overbought territory" — states a condition. - Nudges toward a trade: "RSI at 72 suggests the rally may be exhausted" — implies action. - Neutral: "Funding is 0.08%/8h; longs are paying shorts" — states a fact. - Nudges toward a trade: "Elevated funding indicates crowded longs — a potential reversal setup" — implies action. - Neutral: "Price has rallied 18% with volume 2.3x average" — states observation. - Nudges toward a trade: "The move has conviction, worth watching for continuation" — implies action. Present the data. Let the user decide what to do with it. ## References See [indicators.md](references/indicators.md) for detailed indicator formulas and parameter guidance. ## Source & license This open-source skill is cataloged on AgentStack and links to its original source — we do not rehost the code. - **Author:** [tradeparadex](https://github.com/tradeparadex) - **Source:** [tradeparadex/paradex-skills](https://github.com/tradeparadex/paradex-skills) - **License:** MIT Install and usage instructions live in the source repository linked above. ## Pricing - **Free** — Free ## Security capabilities Automated source analysis of v0.1.0 — what this tool can access: - **Network access:** no - **Filesystem access:** no - **Shell / process execution:** no - **Environment & secrets:** no - **Dynamic code execution:** no *"Yes" means the capability is present in the source — more access means more to trust, not that it is unsafe.* ## Versions - **0.1.0** — security scan: passed — Imported from the upstream source. ## Links - Listing page: https://agentstack.voostack.com/l/skill-tradeparadex-paradex-skills-market-analyst - Seller: https://agentstack.voostack.com/s/tradeparadex - Browse the marketplace: https://agentstack.voostack.com/browse --- Listed on AgentStack — the marketplace for AI agent skills and MCP servers. Every listing is security-reviewed. Creators keep 70%.