ETH Volume*Close Top Exchanges in millions $

26 Nis 2023

The script is designed to create a custom indicator that calculates the total volume of Ethereum traded on various exchanges, calculated in millions of dollars, and then plots a histogram of that volume along with a Simple Moving Average (SMA) of the volume.

The script starts by setting some input parameters such as the length of the SMA and the range period. It then requests data on the volume of Ethereum traded on several exchanges such as Binance, Coinbase, Kraken, and others. It calculates the combined total volume across all these exchanges and multiplies it by the close price of Ethereum to get a value in millions of dollars.

The script then checks if the volume is rising while the price is lower than the previous 5 bars high and higher than the previous 5 bars low, and if so, it sets the color of the histogram bars to white. It then plots the histogram bars and the SMA on the chart.

26 Nis 2023

Sürüm Notları

This script is showing the volume-weighted closing price of Ethereum (ETH) from various exchanges, including real and fake volume exchanges. The script calculates the total volume across all exchanges and multiplies it by the closing price to obtain the volume*close value in millions of dollars. The script also calculates the derivative weight and leverage factor based on the difference between the real and fake volume exchanges. Additionally, the script checks if the volume is rising but the price is lower than the previous five bars high and higher than the previous five bars low. If this is the case, the histogram bars are plotted in white. The script also plots the SMA (Simple Moving Average) of the volume*close values and displays a table with the derivative weight and leverage factor.

27 Nis 2023

Sürüm Notları

The histogram represents the combined volume of Ethereum on multiple exchanges, as well as the volume of fake exchanges. The table displays the derivative weight and leverage factor, which are metrics used to evaluate the difference between real and fake volumes.

The script sets several input variables, including the length of the simple moving average (SMA), the range period, and the market share of Binance and Bybit (which are the biggest price manipulators now). The script then requests volume data from various exchanges and calculates the combined total volume across all exchanges. It also calculates the product of volume and close price in millions.

The script then calculates the differences between real and fake volume and derivative weight. It also calculates the leverage factor and the average used leverage. It calculates the market pressure imbalances and determines whether volume is rising but the price is lower than the previous 5 bars high and higher than the previous 5 bars low.

Finally, the script plots the histogram bars, SMA, derivative weight, and leverage factor on the chart. It also displays the derivative weight and leverage factor in a table in the bottom-right corner of the chart.

Colors an functions:
1. Histogram green color -Volume goes up and the price goes up
2. Histogram red color - Volume goes up, but the price goes down
3. Histogram white color - Volume goes up, but the price is ranging. In theory in this zones the smart money are opening or closing trades. They need to stop the volatility to be possible to enter and exit on good prices
4. Histogram Blue color - This is the difference from all exchanges volume and price manipulations from Binance and Bybit. When there is high volume in blue, that means that Binance and Bybit are manipulating the market

5. Leverage factor option - You can explore with what average leverage are the positions coming from Binance and Bybit manipulations. When they are pumping the market, the average leverage is going up. When they are dumping it, the leverage falls down. Using this option, you can also understand liquidations and market rotations.
NB! When you use leverage factor, everything else should be turn off