Author

Topic: Are you using any volume monitor for better trade? How it works? (Read 261 times)

member
Activity: 73
Merit: 11
Maybe here you can find what you are looking for https://coinalyze.net/ . You can monitor volume on many major exchanges, including binance and bittrex. Also, there is a cool feature: Trades Stats , you can find it on pages similar to this one https://coinalyze.net/btcusd-live-price-chart-binance/ , see Trades Stats

Hope it helps. Regards!
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.
It's a little bit difficult to explain in here because you need to look directly in the market, but maybe you can visit on Youtube and try to find the video so you will understand. I feel difficult to explain to other people although I know the point because I am not the person who can easily teach people like others.

I am sure that you will know what I mean after you watch the video and I hope you can find the answer to your question.
My suggestion is you don't have to search about how to find a good volume of the coin, as long as you can choose the top twenty coins in the list, I think you can make the profit and don't greedy.
legendary
Activity: 1526
Merit: 1001
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.
The most important thing is that we always pay attention to the existing market situation. All these things are important, but when we can pay attention to the market situation properly, we have the opportunity to make a good decision. Trading is a process that requires our ability to read market situations and analyze as best we can.
legendary
Activity: 2100
Merit: 1058
I don't think there is a special way to monitor the volume of a trade, I personally just go to coinmarketcap to see the volume on all exchange and also what the chats and see how trade has been ongoing for the past 24 hours, if it's fair enough, I jump into the market to make profit for myself, if not, I look for another coin that have higher tendency of getting a good percentage growth within 24 hours of trade, as simple as I have said it.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
I only use it for one coin I am fairly invested in and basically got a huge amount of airdropped, so I am just waiting for it to go up. Not just in price but in volume, price is amazing if I sell it right now I would have so much money that its crazy but unfortunately the volume is so low and the orders are so little that if I sell all my coins right now I would destroy the market so I am waiting, I am not waiting for the price to go up but I am waiting for more orders so I can sell my coins without destroying the market.

Believe me that is the best way of making money in bear market because those type of coins are almost always low thanks to people always dumping their coins but than they go up, if you buy during that dump moment and instead of selling all of it like idiots but only sell a few at a time every hour basically selling all your stash in 3-5 days you will make a huge profit from it.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
You could use any exchanges' API (idk if they have the details down to the tiniest info you need) for your ventures if you know how to code and tweak a little. Or buy trading bots that could manage the trades for you, but that in itself isn't also a guaranteed way of getting what you needed. It's hard to manually monitor volume surges on stats sites, so automation is the way to go here. AFAIK, there isn't any such service that exists yet, so you need to write your own software and tweak it.
legendary
Activity: 2702
Merit: 4002
Relying on daily trading volume as a measure of investment will lead to erroneous results and thus lose your money.
"volume monitor" Indicating the total number of exchanges between sellers and buyers during certain hours of the day. Let us assume as an example.

The market consists of two traders, the first one buys 500 of X1 and sells 300 of X2 while buying 500 from Y1 and sells 250 Y2 to the first trader
Total volume is 1050(X1, X2, Y2)
hero member
Activity: 1204
Merit: 505
although I am using something similar myself. it is my own code that I have written a couple of years ago. basically it can watch the market and create a database and using that it can recognize volume surges and then with a bunch of other factors it can detect pumps.
Good to know that you are coder too. What is your success rate in detecting pumps with your own codes ? How far in advance, your bot is capable of detecting a pump ? I guess only in early detection, we can make use of it to get into trading too early so that we can book more profits. I wish to have more info on your trading tracks where you have used your own bot.

these days with the help of YouTube and other online resources you can achieve anything you like to have.
Writing bots for trading is not big deal as you mentioned but how useful a bot is the question now a days. I tried few trading bots but no significant improvements with my profits levels in more than 8 months of trading. Not sure where I am lagging Angry.
legendary
Activity: 1442
Merit: 1025
I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.
I am not sure only for one or two functionalities, you cannot get any app or bot but most trading bots are coming with altering functionalities when your preset levels of volumes met by any asset. If you want to have custom bots then you may go for ordering with veteran coders as I do see many people are offering such services here in this board itself.

I like to suggest you to go for writing your own codes by using api of binance and bittrex as these days with the help of YouTube and other online resources you can achieve anything you like to have. Moreover, volumes alone cannot help you to identify a good trading signals hence make sure for what purposes you are looking for and its level of effectiveness in profit making with crypto trading.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
It seems you are confused with your own question OP Grin

When you want to know about volume monitor, you can check on Binance and Bittrex directly, or if you use the bot, I think the bot can found which coins that will have a good volume so he can decide base on the command you set before.

In Bittrex, you can set the volume by big volume to low volume like the image shown below:


I think in Binance you can get the same thing as Bittrex. That is what you should do if you want to check manually.

How the volume works or what?
The volume works because of traders make a buy and sell order. Just imagine if there is no traders want to buy and sell, what will happen with the volume? Zero.

And if you use a bot, you need figure out by yourself how to make the right setting inside the bot so the bot can run perfectly as you want. But I don't recommend you to use a bot because, in the unpredictable like today, it is hard to find or tunning the right setting.

Maybe I don't understand your question, so I am sorry.
full member
Activity: 588
Merit: 100
The trading volume can be change anytimes, and when crypto in high trading volume the price can be already push or dumped, i prefer to trade by use technical analysis and price pattern.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.

You can see the price high-low at the interface. It's that what you meant for volume monitoring?

You can also used the charts tools of that exchanges for other references in terms of checking the volume.

If you are looking for a stand alone tool, like a third party one, I doubt such program exist or maybe Im wrong.
jr. member
Activity: 225
Merit: 1
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.
Basically have come across that but it's years back when the market was very bullish, such I believe won't really give you a 100% positive answer to the volume you want to monitor. I will recommend you to put more interest on how to analyse a chart and you will definitely meet up what you want.
hero member
Activity: 2842
Merit: 772
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.

I'm not aware of any volume monitor for both exchanges, that is if you're looking for a automate apps or something.

It's better if you would just go on let say binance and see how everything goes. In context, if will be a good indicator as to how much that coins changes hands in a given day, so you can definitely ride the waves, but there's also that big risk so it's not for everyone who has no appetite for big risk=big reward thingy.
full member
Activity: 658
Merit: 100
usually I always see the trading volume of a token on the exchanger in question, because with so much the volume of a coin on the exchanger indicates that the token is often traded in the exchanger, so we do not have to wait long to do the trading on the exchanger.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
it is a bit unclear what you are looking for. if it is some sort of automation service that keeps an eye out on volume changes then I don't know any although I am using something similar myself. it is my own code that I have written a couple of years ago. basically it can watch the market and create a database and using that it can recognize volume surges and then with a bunch of other factors it can detect pumps. it is not perfect though because there are a lot of things to consider but I combine that with some manual monitoring of my own and sometimes I can catch some shitcoin pumps and make some profit.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
Monitor volume? All trading sites have volume indicators that you can use. There is also market depth.
legendary
Activity: 2170
Merit: 1789
What do you mean by volume monitor? Each exchange has its own volume indicator afaik, so there's no need to use third-party volume indicator if you want to see the volume. You can't use volume indicator on its own if you want a good trading strategy, most of the time volume indicator is combined with candlestick or price movement/moving average. How to use it? You can use Google or Investopedia to get the idea.

Volume indicator can give you a glimpse on market trend, possible scenario to happen and so on, but it's not really reliable if there's sudden fundamental change, like any TA.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
Always we want to do better trade with profit. And for getting profit we follow some signals,use bots, indicators and volume monitors. So I want to know about volume monitor. Can anybody help me to find out any good volume monitor for binance and bittrex. And please try to explain how it works actually.
Jump to: