Volume Sum BTC — Indicator by koryu

Volume

This indicator sums the bitcoin volume of the following tickers and shows the total volume as sum:

Binance:BTCUSDT
Coinbase:BTCUSD
FTX:BTCUSD
Kraken:BTCUSD
Gemini:BTCUSD

It helps to see the real volume taking place in the bitcoin market.

The code is open source so you can modify and/or add other tickers as you wish.

Release Notes:

recently binance offered zero fee trading for the btcusdt pair which lead to a spike in volume in btc on that exchange. When they stopped offereing zero fees on 2023-03-22 the volume dropped back to its natural volume. Therefore the indicator became less reliable and I think it is better to remove binance from the indicator.
The volume now shows Coinbase, Kraken and Gemini. It also includes the ftx volume on its historical data.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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