Ethereum: getting data from the tradingview volume indicator

TradingView Ethereum Volume Indicator: A Guide to Downloading Data from Binance API

TradingView’s Ethereum trading volume indicator is a popular tool used by traders and analysts to gauge market activity and sentiment. While this indicator provides valuable information, it can be difficult to get an accurate value from the Binance API due to differences in data formats and standards.

Understanding the Binance API

Before we get into how to get the Ethereum trading volume indicator from the Binance API, let’s quickly review what you need to know about the API:

• The Binance API is primarily used to download information about Bitcoin-related assets, including prices, order book data, and more.

• However, TradingView offers a number of indicators that can be accessed through their platform. These indicators are typically designed to provide real-time or historical data on various markets, including Ethereum.

Identifying the Right Indicator

To get an Ethereum trading volume indicator from TradingView, you need to identify the right candlestick volume indicator. There are several indicators available in this category, but it is important to choose one that provides the desired data format.

• Volume Candles

  : These candles show the trading volume over a specific period of time. You can use these candles to gauge trading activity on Ethereum.

• Volume Line: This line shows the cumulative sum of all volumes over time. It can help you visualize market trends and identify potential buy or sell signals.

Getting Data from Binance API

Once you have identified the right indicator, it is time to access its values ​​via the Binance API. Here are the steps you need to follow:

• Create a Binance API Account: If you do not already have one, create a new account on Binance. You will need to provide your email address, password, and other basic information.

• Install TradingView API Library: To access TradingView indicators using the Binance API, you need to install their Python API library. This can be done by running pip install tradingview-api.

• Authenticate with Binance API: Use your Binance account credentials to authenticate with the API. This step is crucial to prevent unauthorized access.

• Use TradingView Indicator URL: Create a URL that contains a valid TradingView indicator ID and parameters. The most commonly used indicators are ETRSVPOLLIGRATIVUM, ETHUSDT_VOLUMES, and ETH1V2ERISVOL. You can find these IDs in the Binance API documentation or in your TradingView account settings.

• Create API Request: Use a Python library such as requests to create an API request with the created URL. You will need to pass all the required parameters like indicator ID and time range.

Example Code

import requests
api_key = 'YOUR_BINANCE_API_KEY'
api_secret = 'YOUR_BINANCE_API_SECRET'
url=f"
response = requests.get(url)
data = response.json()
print(data)

Challenges and Workarounds

Please note that there may be differences in data formats between TradingView indicators and the Binance API. You may encounter issues with:

• Data Analysis

  

  : The indicator values ​​may not be exactly the same, or you may need to adjust your code to account for the discrepancy.

• Time Zone Consideration: TradingView indicators often display prices in a specific time zone (e.g. UTC). When working with the Binance API, make sure to take this into account.

Conclusion

While getting data from the Ethereum trading volume indicator on TradingView may require some adjustments and additional effort, it is definitely possible.

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