Can thinkorswim be used to track the on balance volume of different cryptocurrencies?
BsharaDec 15, 2021 · 3 years ago3 answers
I'm interested in using thinkorswim to track the on balance volume of different cryptocurrencies. Can thinkorswim provide this feature? How accurate is the data? Are there any limitations or specific settings I need to be aware of?
3 answers
- Dec 15, 2021 · 3 years agoYes, thinkorswim can be used to track the on balance volume of different cryptocurrencies. It provides real-time data and allows you to analyze the volume trends of various cryptocurrencies. The data accuracy is generally reliable, but it's always a good idea to cross-reference with other reliable sources. To use this feature, you need to add the on balance volume indicator to your thinkorswim platform and select the cryptocurrencies you want to track. Keep in mind that thinkorswim is primarily a stock trading platform, so the available features for cryptocurrencies may be more limited compared to dedicated cryptocurrency exchanges.
- Dec 15, 2021 · 3 years agoAbsolutely! thinkorswim is a powerful trading platform that offers a wide range of technical analysis tools, including the ability to track the on balance volume of different cryptocurrencies. The platform provides real-time data and allows you to customize your analysis based on your preferences. However, it's important to note that while thinkorswim is a popular choice for stock trading, it may not have the same level of depth and coverage for cryptocurrencies. It's always a good idea to explore dedicated cryptocurrency exchanges for more comprehensive features and data.
- Dec 15, 2021 · 3 years agoYes, you can use thinkorswim to track the on balance volume of different cryptocurrencies. However, if you're specifically looking for a platform that focuses on cryptocurrencies, I would recommend checking out BYDFi. BYDFi is a dedicated cryptocurrency exchange that offers a wide range of features, including the ability to track on balance volume. Their platform is designed with cryptocurrency traders in mind and provides comprehensive data and analysis tools. It's always a good idea to explore different platforms and find the one that best suits your needs and preferences.
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