What are the best indicators on TradingView to track volume in the cryptocurrency market?

1 answers

• Newman PurcellOct 25, 2021 · 5 years ago
  When it comes to tracking volume in the cryptocurrency market, one indicator that stands out is the Volume Weighted Moving Average (VWMA). The VWMA calculates the average price weighted by volume, giving more weight to higher volume periods. This indicator can help you identify trends and potential reversals based on volume analysis. Another useful indicator is the Chaikin Money Flow (CMF), which combines price and volume to measure the buying and selling pressure in a cryptocurrency. The CMF can help you identify periods of accumulation or distribution, which can be useful for making trading decisions. Lastly, the Ease of Movement (EOM) indicator can also be helpful for tracking volume. It takes into account both price and volume to measure the ease at which a cryptocurrency is moving. By analyzing these indicators, you can gain valuable insights into volume trends in the cryptocurrency market and make more informed trading decisions.
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