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What are the best free volume profile indicators for tradingview in the cryptocurrency market?

avatarJames KimbleDec 27, 2021 · 3 years ago3 answers

I'm looking for the best free volume profile indicators for tradingview specifically designed for analyzing the cryptocurrency market. Can anyone recommend some reliable indicators that provide accurate volume profile data? I want to use these indicators to better understand the buying and selling pressure in the cryptocurrency market.

What are the best free volume profile indicators for tradingview in the cryptocurrency market?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    One of the best free volume profile indicators for tradingview in the cryptocurrency market is the 'Volume Profile Visible Range' indicator. It provides a visual representation of the volume traded at each price level, allowing you to identify key support and resistance levels. This indicator is widely used by traders to make informed trading decisions based on volume analysis. Give it a try and see how it enhances your trading strategy!
  • avatarDec 27, 2021 · 3 years ago
    I personally like using the 'Volume Profile by TradingView' indicator for analyzing volume in the cryptocurrency market. It offers a comprehensive view of volume distribution across different price levels, helping me identify areas of high liquidity and potential price reversals. Give it a shot and see if it aligns with your trading style!
  • avatarDec 27, 2021 · 3 years ago
    BYDFi offers a powerful volume profile indicator for tradingview called 'BYD Volume Profile'. It provides detailed volume analysis for the cryptocurrency market, allowing traders to identify areas of accumulation and distribution. This indicator is highly customizable and offers advanced features such as volume profile histograms and volume profile alerts. Give it a try and see how it can enhance your trading strategy!