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How can I find the best volume profile indicator for tradingview specifically for digital currencies?

avatarnodusDec 25, 2021 · 3 years ago3 answers

I am looking for the best volume profile indicator for tradingview that is specifically designed for analyzing digital currencies. Can anyone recommend a reliable indicator that provides accurate volume profile data for cryptocurrencies?

How can I find the best volume profile indicator for tradingview specifically for digital currencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    One popular volume profile indicator for tradingview that is commonly used for analyzing digital currencies is the VPVR (Volume Profile Visible Range) indicator. It provides a visual representation of the volume traded at each price level, allowing traders to identify areas of high and low volume. The VPVR indicator is widely available on tradingview and can be easily added to your chart. It is a valuable tool for understanding the distribution of volume within a specific price range and can help traders make more informed trading decisions.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to finding the best volume profile indicator for tradingview specifically for digital currencies, it's important to consider your specific trading strategy and preferences. There are several volume profile indicators available on tradingview, each with its own unique features and settings. Some popular options include the Volume Profile Visible Range (VPVR), Volume Profile by Time (VPOT), and Volume Profile by Session (VPBS). It's recommended to try out different indicators and see which one works best for your trading style and goals. Additionally, you can also join online trading communities and forums to get recommendations and insights from experienced traders who specialize in digital currencies.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi offers a comprehensive volume profile indicator for tradingview specifically designed for digital currencies. This indicator provides detailed volume profile data for a wide range of cryptocurrencies, allowing traders to analyze volume distribution and identify key support and resistance levels. With BYDFi's volume profile indicator, traders can make more informed trading decisions based on accurate volume data. It is a valuable tool for both beginner and experienced traders in the digital currency market. To access BYDFi's volume profile indicator, you can visit their website and sign up for a free trial or subscription.