What is the best way to show the volume of digital currencies on TradingView?
Dhananjay HireyDec 17, 2021 · 3 years ago3 answers
I'm looking for the most effective method to display the volume of digital currencies on TradingView. Can anyone suggest the best way to do this? I want to ensure that the volume data is accurate and easily understandable for traders. Any tips or recommendations would be greatly appreciated!
3 answers
- Dec 17, 2021 · 3 years agoOne of the best ways to show the volume of digital currencies on TradingView is by using volume bars. Volume bars provide a visual representation of the trading volume for a specific time period. The height of the bars represents the volume, with taller bars indicating higher trading volume. This allows traders to quickly assess the liquidity and popularity of a particular digital currency. Additionally, you can customize the color of the volume bars to make them more visually appealing and easier to interpret. Overall, volume bars are a popular and effective method for displaying volume on TradingView.
- Dec 17, 2021 · 3 years agoTo show the volume of digital currencies on TradingView, you can also use a volume histogram. A volume histogram is a graphical representation of the volume data, where each bar represents a specific time period. The length of the bars indicates the volume, with longer bars indicating higher trading volume. This type of visualization allows traders to easily compare the volume of different digital currencies and identify trends. By using a volume histogram, you can effectively convey the volume information to traders in a clear and concise manner.
- Dec 17, 2021 · 3 years agoOne way to show the volume of digital currencies on TradingView is by using the BYDFi plugin. BYDFi is a powerful tool that integrates with TradingView and provides comprehensive volume analysis for various digital currencies. With BYDFi, you can access real-time volume data, view volume charts, and analyze volume trends. This plugin offers advanced features such as volume alerts and volume profile analysis, which can be extremely useful for traders. By using the BYDFi plugin, you can enhance your volume analysis capabilities on TradingView and make more informed trading decisions.
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