Crypto Data Visualization Dashboards with Grafana
Blog post from QuestDB
QuestDB is an advanced open-source database optimized for handling market data, offering high ingestion throughput and SQL analytics, which is particularly useful for tick data. The tutorial by Tancrede Collard demonstrates how to use Python to fetch cryptocurrency data from Coinbase, store it in QuestDB, and visualize it using Grafana. The tutorial highlights the importance of efficient data storage and querying in analyzing streaming data and how data visualization can aid in plotting trends and creating actionable reports. By leveraging QuestDB's capabilities, users can control the database to create custom metrics and dashboards, particularly useful for analyzing derivative features in cryptocurrency trading, which are often overlooked. The integration with Grafana enables users to set up monitoring and alert systems for various market metrics. The tutorial also provides detailed instructions on setting up QuestDB and Grafana using Homebrew for macOS users and configuring them to work together, including the steps for creating time series visualizations and calculating derived metrics like bid-offer spreads. Lastly, it suggests further exploration, such as deriving forward curves and plotting volatility smiles, encouraging community feedback on the project.