Which webull volume profile scripts are recommended for beginners in the cryptocurrency market?

3 answers

• Sakshi PhaleMay 14, 2023 · 3 years ago
  Sure! One popular webull volume profile script that beginners in the cryptocurrency market can try is the VWAP (Volume Weighted Average Price) script. It calculates the average price of an asset based on its trading volume. This script can help you identify key price levels and potential support or resistance areas. Just keep in mind that it's important to use the script in conjunction with other technical analysis tools for a more comprehensive view of the market.
  469

  235
• Andrey RosaDec 06, 2020 · 5 years ago
  I would recommend the Volume Profile script available on TradingView. It's a user-friendly tool that provides a visual representation of trading volume at different price levels. By analyzing the volume profile, beginners can gain insights into where significant buying or selling pressure exists in the market. This can help them make more informed trading decisions. Give it a try and see how it works for you!
  412

  138
• Juan E. Arango Z.Jan 14, 2024 · 2 years ago
  BYDFi offers a great volume profile script specifically designed for beginners in the cryptocurrency market. It provides a clear visualization of trading volume at different price levels, making it easier for beginners to identify areas of high liquidity and potential support or resistance levels. The script also includes customizable settings, allowing users to adjust the time frame and volume parameters according to their preferences. Give it a try and see how it can enhance your trading analysis!
  504

  126