Ethereum: Get information about the Tradingview volume indicator

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

The Ethereum Trading Volume Indicator on TradingView is a popular tool used by traders and analysts to gauge market activity and sentiment. While it provides valuable insights, getting the exact value of this indicator from the Binance API can be challenging due to differences in data formats and standards.

Understanding the Binance API

Before we dive into how to get the Ethereum Trading Volume Indicator from the Binance API, let’s take a quick look at what you need to know about the API:

• The Binance API is primarily used to retrieve 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 the Ethereum Trading Volume Indicator from TradingView, you need to identify the right candlestick volume indicator. There are several indicators available in this category, and it is important to choose the one that provides the desired data format.

• Volume Candles: These candles show the trading volume for a specific period. You can use these candles to assess trading activity on Ethereum.

• Volume Line: This line shows the cumulative total of all volume 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 value from the Binance API. Here are some steps to follow:

• Create a Binance API Account: If you don’t 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 via the Binance API, you will need to install their Python API library. You can do this 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: Construct a URL that includes the correct 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 through your TradingView account settings.

• Make an API request

  : Use a Python library such as requests to make an API request with a constructed URL. You will need to pass all necessary parameters, such as indicator ID and time range.

Code Example

requests to import
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 Solutions

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

• Data Parsing: Indicator values ​​may not match exactly or you may need to adjust your code to accommodate any inconsistencies.

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

Conclusion

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