The Quant terminal: what the market is doing, and whether that is normal

Price tells you what happened. It hides why, and whether it matters. A 3% move on quiet funding with flat open interest is a different event from the same 3% move into crowded longs while shorts get squeezed — and the chart looks identical. The Quant terminal puts the readings that separate those two on one screen, in real time.

It is included with Secuora Pro, alongside the bar-replay backtester, the AI backtester and the journal. And it comes with one hard rule, enforced in the code: it never predicts price.

What is on the board

Live price & 24h range

Streaming spot prices with where price sits inside the day's range, and a 48h sparkline for trend at a glance.

Funding rate

What longs or shorts are paying to hold a perpetual position, in APR. Crowded funding is a fragility signal, not a direction one.

Open interest

How much leverage is actually on the table — rising OI into a move means new positions, not just churn.

Long/short ratio

Where the crowd is positioned. Extremes matter more than the middle.

Liquidations

Which side is being force-closed right now, and how one-sided the flush is.

Fear & Greed

Sentiment, read contrarian at the extremes and trend-confirming in between.

BTC dominance

A risk-on / risk-off tell for the alt complex.

Volume profile

Real traded volume by price — point of control and value area, across crypto, equities, commodities and rates.

The Secuora Index

Expected daily move: ±1σ / ±2σ bands from realized volatility, how big today's move is in σ, and the measured walk-forward containment rate.

FX board

Major crosses off the ECB daily reference fix, plus a dollar-strength index built from the same data.

Global markets

Equities, gold, crude, long bonds, high-yield credit and the dollar — each via its most liquid ETF, labelled honestly as a proxy.

News flow

A wire tagged bullish / bearish / neutral with high-impact flagged, and a net read on which way the headlines lean.

Signals that show their working

Each reading on the board is classified bullish, bearish or neutral by a transparent rule — and every one carries the actual number it came from. You never get “bearish” on its own; you get “longs crowded (funding hot) · +34% APR”, so you can look at the figure, disagree with the interpretation, and keep the fact.

Those signals aggregate into a single scannable net read — risk-on tilt, risk-off tilt, mildly constructive, mildly defensive, or balanced. Two details matter more than the label: a signal with missing data is marked unavailable rather than guessed at, and when too few signals are scoring, the board says insufficient signal instead of manufacturing a view.

These are heuristics. They are not predictions, and they are not trade recommendations. They are a faster way to read numbers you could have looked up yourself across six tabs.

The Secuora Index: how normal is today?

Most traders react to a move without knowing whether it is a big one. The Secuora Index answers that. From trailing realized volatility it draws a forward ±1σ and ±2σ expected range around the latest close for major FX crosses and large crypto, and reports how big the latest move was in σ units. A 1.2σ day is weather. A 3σ day is news.

The part nobody else publishes is the scorecard. The Index measures its own accuracy walk-forward: across the whole history, how often the close actually landed inside the band that the same method would have drawn using only data available at the time. That containment rate is a measured fact shown next to the band — never an assertion, and impossible to flatter with hindsight.

It is a volatility-context tool, not a direction forecast. It tells you how far price plausibly travels, never which way.

Real data, or no data

Everything is fetched server-side from free, public, commercially-clean sources: Binance for spot prices (streamed over WebSocket) and futures data (funding, open interest, long/short ratio), CoinGecko for dominance, alternative.me for Fear & Greed, the ECB daily reference fix via Frankfurter for FX, Yahoo for the global markets board, and Finnhub plus RSS for the news wire.

The rule throughout is real-or-null: if a feed fails, its row drops out. It is never backfilled with an estimate, a stale value or a plausible-looking number. Where a market is tracked through a proxy — the global board reads equities and commodities via their most liquid ETF — the row says so, because “SPY” and “the S&P 500” are not the same claim.

What it is not

It is not a Bloomberg Terminal. Bloomberg is an institutional product at roughly $30,000 a year with global coverage, proprietary data, execution and chat, and the Quant terminal does not attempt any of that. This is a retail trader’s daily dashboard: the dozen readings that actually move a crypto or FX decision, on one screen, inside a $29/month subscription that also contains a journal, a bar-replay backtester and an AI backtester. It is also not a signal service — there is no “buy here” on the board, by design.

Frequently asked questions

What is the Secuora Quant terminal?

A single screen that answers "what is the market doing right now, and is that normal?" It streams live prices, then layers on the context that price alone hides: perpetual funding rates, open interest, the long/short positioning ratio, liquidations, BTC dominance, the Fear & Greed index, FX crosses, a global markets board, volume profile, tagged news flow, and the Secuora Index expected-move bands. It is included with Secuora Pro at $29/month, or $23/month billed yearly.

Does the Quant terminal predict prices?

No, and it is built to refuse to. Every signal on the board is a transparent, rule-based reading of a number that already exists — for example, "funding is +34% APR, so longs are crowded". Each signal shows you the actual figure it was derived from alongside the interpretation, so you can disagree with the reading and still keep the fact. Nothing on the board forecasts price, and any tool that claims to is selling you something.

What is the Secuora Index?

An expected-move band. From trailing realized volatility it draws a forward ±1σ and ±2σ range around the latest close for major FX crosses and large crypto, and tells you how big today's move was in σ units — in other words, how normal today is. Crucially, it also reports a walk-forward containment rate: across the whole history, how often the close actually landed inside the band that the same method would have drawn using only prior data. That hit-rate is measured, not asserted. It is a volatility-context tool, not a direction forecast.

Why does the containment rate matter?

Because it is the honest accuracy of the band. Anyone can draw a volatility range and call it a forecast; almost nobody publishes how often their own range was right. The Secuora Index scores itself walk-forward — using only data available at the time the band would have been drawn — so the number cannot be flattered by hindsight. If the band is only containing price 70% of the time when it claims ±1σ, you can see that, and price it into how much you trust it.

Where does the data come from?

Free, public, commercially-clean sources, fetched server-side: Binance for spot prices (WebSocket) and futures data (funding, open interest, long/short ratio), CoinGecko for dominance, alternative.me for Fear & Greed, the ECB daily reference fix via Frankfurter for FX, Yahoo for the global markets board via liquid ETF proxies, and Finnhub plus RSS (Cointelegraph, CoinDesk, NewsBTC) for the news wire. If a source fails, its row simply drops out rather than showing a guess.

What does the "net read" mean?

It aggregates the individual signals — trend, 24h range position, funding, long/short positioning, Fear & Greed, liquidations, dominance and news flow — into one scannable tilt: risk-on, risk-off, mildly constructive, mildly defensive, or balanced. It ignores any signal with missing data rather than guessing at it, and when too few signals are scoring it says "insufficient signal" instead of inventing a view. It is a summary of the board, not a trade recommendation.

Is the volume profile real volume or a model?

Real observed volume. Each hourly bar's traded volume is distributed across the price range that bar actually covered, producing a volume-by-price histogram, plus the point of control (the most-traded price) and the value area (the band holding roughly 70% of volume). Crypto comes from Binance klines and equities, commodities and rates from their liquid ETF on Yahoo. No model, no synthetic fill.

How is this different from a Bloomberg Terminal?

Honestly: scale and price. Bloomberg is an institutional product costing roughly $30,000 a year, with global coverage, proprietary data, execution and chat that Secuora does not attempt. The Quant terminal is a retail trader's daily dashboard: the handful of readings that actually move a retail crypto/FX decision, on one screen, for $29/month as part of a subscription that also includes a journal and a backtester. It is not a Bloomberg replacement and we would not sell it as one.

Do I need Pro to use it?

Yes — the Quant terminal is part of Secuora Pro ($29/month, or $23/month billed yearly), alongside the bar-replay backtester, the AI backtester, the prop-firm challenge simulator and the journal. Every new account starts with a 3-day free trial of the full product, so you can open the terminal before paying anything.

Open the terminal

The Quant terminal is part of Secuora Pro, with the backtester, the AI backtester and the journal. Every new account starts with a 3-day free trial of the full product.