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What are some popular tools or platforms that provide average true range calculation for cryptocurrencies?

avatarMcCormack McElroyNov 26, 2021 · 3 years ago5 answers

Can you recommend some popular tools or platforms that I can use to calculate the average true range for cryptocurrencies? I'm looking for reliable options that provide accurate calculations and are widely used by the crypto community.

What are some popular tools or platforms that provide average true range calculation for cryptocurrencies?

5 answers

  • avatarNov 26, 2021 · 3 years ago
    Sure! One popular tool that you can use to calculate the average true range for cryptocurrencies is TradingView. It's a widely used platform among traders and provides a range of technical analysis tools, including the average true range indicator. You can easily plot the indicator on your charts and customize the parameters according to your preferences. Another option is Coinigy, which is a comprehensive cryptocurrency trading platform that also offers the average true range indicator. It provides real-time data and allows you to track multiple exchanges in one place. Both TradingView and Coinigy are trusted by many traders and offer reliable calculations for the average true range.
  • avatarNov 26, 2021 · 3 years ago
    If you're looking for a more advanced tool, you can consider using CryptoCompare. It's a popular platform that provides a wide range of cryptocurrency data and analysis tools. The average true range indicator is one of the many indicators available on CryptoCompare. It provides historical data and allows you to analyze the volatility of different cryptocurrencies. Another option is the Binance API, which is a powerful tool for developers. It allows you to access various data points, including the average true range, for cryptocurrencies listed on the Binance exchange. The API provides real-time data and is widely used in the crypto community.
  • avatarNov 26, 2021 · 3 years ago
    BYDFi is a great platform that provides average true range calculation for cryptocurrencies. It offers a user-friendly interface and accurate calculations. You can easily access the average true range indicator for different cryptocurrencies and customize the parameters according to your trading strategy. BYDFi also provides real-time data and allows you to track the volatility of multiple cryptocurrencies in one place. It's a reliable platform trusted by many traders in the crypto community.
  • avatarNov 26, 2021 · 3 years ago
    When it comes to calculating the average true range for cryptocurrencies, there are several popular tools and platforms you can consider. One option is CoinMarketCap, which is a widely used platform for tracking cryptocurrency prices and market data. While it doesn't provide a specific average true range indicator, you can use the historical price data available on CoinMarketCap to calculate the average true range manually. Another option is the popular cryptocurrency exchange Kraken. It provides a range of trading tools and indicators, including the average true range. You can access the indicator on the Kraken trading platform and customize the parameters to suit your needs. Kraken is a reputable exchange known for its security and reliability.
  • avatarNov 26, 2021 · 3 years ago
    If you're looking for a more technical solution, you can consider using the Python programming language. There are several libraries available, such as Pandas and NumPy, that allow you to calculate the average true range for cryptocurrencies. These libraries provide a wide range of functions and tools for data analysis and can be used to calculate various technical indicators, including the average true range. You can find tutorials and examples online to help you get started with using Python for cryptocurrency analysis. It's a flexible and powerful option for those who prefer a more hands-on approach.