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What are the best volume profile indicators available on TradingView for cryptocurrency trading?

avatarTorres HalseyNov 28, 2021 · 3 years ago3 answers

I'm looking for the best volume profile indicators on TradingView that can help with cryptocurrency trading. Can anyone recommend some reliable indicators that provide valuable insights into volume analysis for cryptocurrencies?

What are the best volume profile indicators available on TradingView for cryptocurrency trading?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    One of the best volume profile indicators available on TradingView for cryptocurrency trading is the Volume Profile by Time Range. This indicator allows you to analyze volume at different price levels over a specified time period. It can help you identify key support and resistance levels based on volume accumulation and distribution. Highly recommended for traders who want to incorporate volume analysis into their cryptocurrency trading strategies.
  • avatarNov 28, 2021 · 3 years ago
    When it comes to volume profile indicators for cryptocurrency trading on TradingView, you can't go wrong with the Volume Profile Visible Range. This indicator displays the volume distribution within a visible price range, giving you a clear picture of where the majority of trading activity is happening. It's a great tool for identifying areas of high liquidity and potential price reversals in the cryptocurrency market.
  • avatarNov 28, 2021 · 3 years ago
    BYDFi offers a comprehensive volume profile indicator called Volume Profile Pro. It provides advanced volume analysis tools specifically designed for cryptocurrency trading. With features like customizable profiles, volume histograms, and volume-at-price charts, Volume Profile Pro offers traders deep insights into volume dynamics and can greatly enhance their decision-making process. Give it a try and see how it can improve your cryptocurrency trading strategies!