OPEN-SOURCE SCRIPT
Korean Exchange Relative Volume Barchart
Korean Exchange Relative Volume Barchart
The Korean Exchange Relative Volume Barchart indicator compares the trading volume of a cryptocurrency on any symbol with the combined volumes of major Korean exchanges, Upbit and Bithumb. This tool helps traders understand regional trading activities, offering insights into market sentiment influenced by Korean markets.
For example 0.5 would indicate that the Korean exchanges are doing 50% of the volume of the selected symbol.
Features:
Usage:
Notes:
Enhance your trading analysis by understanding the influence of Korean exchanges on cryptocurrency volumes with the Korean Exchange Volume Comparison indicator.
The Korean Exchange Relative Volume Barchart indicator compares the trading volume of a cryptocurrency on any symbol with the combined volumes of major Korean exchanges, Upbit and Bithumb. This tool helps traders understand regional trading activities, offering insights into market sentiment influenced by Korean markets.
For example 0.5 would indicate that the Korean exchanges are doing 50% of the volume of the selected symbol.
Features:
- Exchange Selection: Include or exclude Upbit and Bithumb in the comparison.
- Automatic Symbol Mapping: Automatically maps the current chart's symbol to equivalent symbols on Upbit and Bithumb.
- Stacked Bar Chart Visualization: Plots a stacked bar chart showing the relative volume contributions of Binance, Upbit, and Bithumb.
Usage:
- Add the Indicator: Apply it to a cryptocurrency chart on TradingView.
- Configure Settings: Toggle inclusion of Upbit and Bithumb in the settings.
- Interpret the Chart: The stacked bar chart displays the proportion of trading volumes from each exchange.
Notes:
- Symbol Compatibility: Ensure the cryptocurrency is listed on the Korean exchanges for accurate comparison.
- Data Accuracy: Volumes are compared in the same base currency (e.g., BTC), so no exchange rate conversion is necessary.
Enhance your trading analysis by understanding the influence of Korean exchanges on cryptocurrency volumes with the Korean Exchange Volume Comparison indicator.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.