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Exchanges Combined Volume

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📊 Exchanges Combined Volume
(Aggregated Multi-Exchange Volume: Binance, OKX, Bybit, etc.) by BIGTAKER*


🔍 Purpose

The Exchanges Combined Volume indicator aggregates real-time trading volumes from multiple global exchanges for a specific asset (e.g., a cryptocurrency).
Instead of relying on a single market, it provides a broader view of market activity, helping users detect abnormal volume behavior and increased participation across the entire market.


⚙️ Supported Exchanges

* USDT Markets
`Binance`, `OKX`, `Bybit`, `Bitget`, `Gate.io`

* USD Markets
`Coinbase`, `Bitfinex`, `Bitstamp`

* Default
Includes the current chart symbol’s native volume by default.


🧮 Core Calculation Logic

1. 📛 Symbol Normalization (cleanSymbol)
Prefixes such as `1000`, `10000`, `100000`, or `1M` (common in leveraged tickers) are automatically removed to extract the base token.
> Example:
> `1000PEPEUSDT` → `PEPEUSDT`

2. 📈 Volume Requests from External Exchanges
Volume is retrieved using the `<BASE><QUOTE>` format (e.g., `'BINANCE:PEPEUSDT'`, `'COINBASE:BTCUSD'`).
Invalid or delisted pairs are safely ignored using `ignore_invalid_symbol=true`.

3. 📊 Total Volume Calculation
totalVolume = usdtVolume + usdVolume + currentSymbolVolume
The indicator sums the volume from all target exchanges plus the volume from the current chart symbol.

4. 📏 Comparison to Average Volume
* Period: `length = 60` (Simple Moving Average over 60 candles)
* A candle is considered **high-intensity** if:

5. 🎨 Visual Styling
| Condition | Color | Meaning |
| -------------------------- | --------------------- | ----------------------- |
| High-volume Bullish Candle | Light Green (#30db78) | Strong Buying Activity |
| High-volume Bearish Candle | Bright Red (#ff0000) | Strong Selling Activity |
| Normal Bullish Candle | Dark Green (#3c7058) | Regular Buying Volume |
| Normal Bearish Candle | Dark Red (#682e2c) | Regular Selling Volume |


📌 Use Cases

* Detect synchronized volume surges across major global exchanges.
* Identify pre-pump accumulation phases on altcoins.
* Combine with premium gap indicators (e.g., Kimchi Premium) to identify leading market sentiment.
* Confirm breakout momentum with multi-exchange volume validation.


📘 Notes & Warnings

* Listing differences across exchanges may result in **zero volume** on some platforms.
* Prefixes like `1000`, `1M`, etc., are automatically removed to **improve symbol matching accuracy**.
* As volume units are not standardized, this indicator is best suited for **absolute value analysis**, not ratio-based comparisons.

Release Notes
✅ New Feature: KRW Market Exchange Integration

1. Inclusion of Korean Exchange Volume

* Adds KRW market trading volume from Upbit and Bithumb
* Expands coverage beyond USDT and USD markets to include the Korean Won (KRW) market

2. Automatic Symbol Mapping Logic

* Automatically adjusts symbol format for each exchange (e.g., `BTC/KRW`, `BTCKRW`, `BTC-KRW`)
* Filters out invalid symbols to ensure error-free volume fetching

3. Enhanced Total Volume Calculation

* Combines volume from global exchanges, current chart symbol, and now also:
Upbit (KRW)** + **Bithumb (KRW)
* Enables comprehensive volume analysis including both global and Korean markets

4. Visual Highlighting Maintained

* Volume bars remain color-coded when total volume exceeds 3× the moving average
* Preserves existing logic for highlighting strong buy/sell activity

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.