Back to collectionA New Trading Pair Meets an Old Alert Threshold
After the exchange listed a new trading pair, more people in the community began asking about prices. He added the pair to his monitoring page and kept the existing threshold. The new venue was now covered, and the group had a basis for discussing alert quality.
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After the exchange listed a new trading pair, more people in the community began asking about prices. The Night Watchman still had his node and market monitors to tend, and needed to decide whether the new venue called for a different alert threshold.
He added the pair to his monitoring page and kept the existing threshold. Someone worried that fluctuations in the new market would produce too many alerts. He noted the concern and decided to see which alerts actually required attention before discussing a higher threshold.
The new venue was now covered, and the group had a basis for discussing alert quality. The Night Watchman would not loosen his judgment simply because the pair was attracting attention. If routine fluctuations kept triggering alerts, he would trace the cause and discuss adjustments with other operators.