Are there any reliable volume indicators on TradingView that can help me make better trading decisions in the digital currency market?

9 answers

• Dec 24, 2021 · 3 years ago
  Certainly! TradingView offers a wide range of volume indicators that can help you make informed trading decisions in the digital currency market. Some popular volume indicators include Volume Profile, Volume Weighted Average Price (VWAP), and On-Balance Volume (OBV). These indicators can provide valuable insights into the strength of buying and selling pressure, accumulation and distribution patterns, and overall market sentiment. It's important to note that no indicator can guarantee profitable trades, but using volume indicators in conjunction with other technical analysis tools can enhance your trading strategy.
  622311
• Dec 24, 2021 · 3 years ago
  Absolutely! TradingView is a powerful platform that provides various volume indicators to assist traders in the digital currency market. Some reliable volume indicators you can consider are Money Flow Index (MFI), Chaikin Money Flow (CMF), and Accumulation/Distribution (A/D) line. These indicators can help you gauge the strength of buying and selling pressure, identify potential trend reversals, and confirm the validity of price movements. Remember to combine volume indicators with other technical analysis tools to get a comprehensive view of the market.
  560187
• Dec 24, 2021 · 3 years ago
  Definitely! TradingView is a popular choice among traders in the digital currency market, and it offers a wide range of reliable volume indicators. One such indicator is the Volume Profile, which displays the volume traded at each price level over a specified period. This can help you identify key support and resistance levels based on trading volume. Additionally, TradingView's OBV indicator is widely used to analyze the relationship between volume and price movements. It can provide valuable insights into the strength of buying and selling pressure, and help you make more informed trading decisions. Give these indicators a try and see how they can improve your trading strategy!
  688172
• Dec 24, 2021 · 3 years ago
  Sure thing! When it comes to reliable volume indicators on TradingView for the digital currency market, you have several options. One popular choice is the Volume Profile indicator, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the VWAP (Volume Weighted Average Price), which calculates the average price based on both volume and price data. This indicator can provide insights into the average price levels that traders are willing to transact at. Lastly, the OBV (On-Balance Volume) indicator is worth considering, as it measures buying and selling pressure based on volume flow. Remember to experiment with different indicators and find the ones that work best for your trading style.
  831167
• Dec 24, 2021 · 3 years ago
  Yes, there are reliable volume indicators on TradingView that can assist you in making better trading decisions in the digital currency market. One such indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. Remember to combine these indicators with other technical analysis tools for a more comprehensive analysis.
  726121
• Dec 24, 2021 · 3 years ago
  Certainly! TradingView is a popular platform for traders in the digital currency market, and it offers a variety of reliable volume indicators. One such indicator is the Money Flow Index (MFI), which measures the strength and direction of money flowing in and out of a digital currency. Another useful indicator is the Chaikin Money Flow (CMF), which combines price and volume to assess buying and selling pressure. Additionally, the Accumulation/Distribution (A/D) line can help you identify the accumulation or distribution of a digital currency. These indicators can provide valuable insights for making better trading decisions.
  63291
• Dec 24, 2021 · 3 years ago
  Yes, TradingView provides reliable volume indicators that can help you make better trading decisions in the digital currency market. One popular indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can be valuable tools in your trading arsenal.
  67485
• Dec 24, 2021 · 3 years ago
  Yes, there are reliable volume indicators on TradingView that can assist you in making better trading decisions in the digital currency market. One such indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can be valuable tools in your trading strategy.
  68376
• Dec 24, 2021 · 3 years ago
  Yes, TradingView offers reliable volume indicators that can help you make better trading decisions in the digital currency market. One popular indicator is the Volume Profile, which displays the volume traded at different price levels. This can help you identify areas of high trading activity and potential support or resistance levels. Another useful indicator is the OBV (On-Balance Volume), which measures buying and selling pressure based on volume flow. Additionally, the VWAP (Volume Weighted Average Price) indicator can provide insights into the average price levels that traders are transacting at. These indicators can enhance your trading analysis and decision-making process.
  68869