24-hour trend efficiency

Window ends 2026-10-19 06:00 UTC · 25 completed 1h closes (24 hourly moves) · Binance, Bybit and Hyperliquid public bars stored by SwoleCharts. Selected venue and contract shown per row.

This is close-to-close path efficiency: it uses only the 25 hourly closes c0…c24 and ignores intrahour wicks. Net = c24 − c0. Path = the sum of |cᵢ − cᵢ₋₁| over the 24 hourly moves. Efficiency = 100 × |net| / path. Net return = 100 × (c24 / c0 − 1); path travelled = 100 × path / c0. A one-way move scores 100%; a move that returns to its starting close scores 0%. Two coins with the same net return can score very differently if one zig-zagged to get there.

A path of zero (every close identical) is Flat, with no efficiency. Only 25 contiguous complete hourly candles ending exactly at the latest completed UTC hour are ranked; any missing, partial, noncontiguous or stale candle leaves the contract unranked, with its coverage count and reason shown. No earlier window or other contract fills the gap. Reads are capped at 50 markets and 25 candles each; cached data refreshes within two minutes and at each new hour.

How to read it. Efficiency describes how the last 24 hours travelled, not where price goes next. There is no universal good or bad level, and it is not a profit or direction signal. Compare with the moving-average screener for trend distance and the ATR screener for range size.