Currently, we face the problem of unreliable crypto when focusing on a single exchange.
keeps flowing from place to place each time a new fashion exchange appears in the scene.
"Old" exchanges that once were relevant might dry in terms. And that's an issue to study on a wider context.
For that reason, I've created this indicator: to aggregate crypto and overcome the current limitations.
As a user, you're able to select which exchanges to aggregate:
- from Unleveraged Exchanges
- from Leveraged Exchanges
- All Exchanges
- Or custom select the exchanges by marking the checkboxes
By default, the indicator is aggregating from unleveraged exchanges. The reason for that is because their read might be more reliable.
Trading Bots which distort the read, mainly operate in margin exchanges because unleveraged trading is less attractive to them.
On this first release I've aggregated the from the following markets:
I've found that aggregating markets is a time intensive task. Therefore if you're using this indicator, please leave a comment below and let me know which other markets you would like being added.
- Option to plot only volume from current exchange
- Plot Smoothed Aggregated Volume line
- Select between multiple smoothing methods: SMA, EMA, DEMA, TEMA, WMA, VWMA, SMMA, HULLMA, TMA
- Plot the Ratio:
- Plot the Ratio:
Please consider giving back and attract some good karma! :)
Is there any problem with this script today?
Can't make it work after loading data ..
@gliderfund Are you using a defunct exchange as a data source?
If you keep having trouble, you can select 'custom exchanges' in the dropdown and manually click on which exchanges to aggregate. Hope that helps!
Keep up the good work.
Few questions that will determine my trust in the data presented:
1) Will you share the source code?
2) Do you get the volume data from a third party (TradingView or others)? If yes, which one?
3) Do you get the volume data directly from the exchanges itself? If yes, how do you connect it to do indicator?
If you take a look at the input tab, you'll see which exchanges are being used to aggregate the volume: leveraged, unleveraged, all, or custom selection of one or more exchanges.
1) sharing the source code will definitely increase trust, otherwise one has to spend time verifying by himself or reverse engineering the source code.
4) After I add the indicator none of the exchanges is selected, but volume data is displayed. Screenshot https://i.imgur.com/rIkbLeR.png
Now, going to your question: In order to manually pick which exchanges to aggregate, you need to select the "Custom" option in the drop-down box.
By default, the 'Unleveraged Exchanges" option aggregates all the unleveraged exchanges that appear listed in that section. Hope that helps!