Volume Split

The Volume Split indicator helps traders analyze the buying and selling pressure in the market. By breaking down the total traded volume into buying and selling components, this indicator provides a deeper insight into market dynamics.

Buy Volume and Sell Volume split and returned via API

The Volume Split indicator determines buying and selling volumes by analyzing the price movement within each bar. Buying volume is calculated based on how much the price has moved up from the lowest point to the closing price. If the price closes higher in a bar, the volume associated with that upward movement is considered buying volume. Conversely, selling volume is calculated based on how much the price has moved down from the highest point to the closing price. If the price closes lower in a bar, the volume associated with that downward movement is considered selling volume. When the high and low prices are the same, both buying and selling volumes are set to zero to avoid errors.

How to understand Volume Split API Responses

When you use our API to get the Buying Selling Volume data, you receive a JSON object with the following values:

  • valueTotal This is the total volume of trades within the specified period. It represents the sum of all buying and selling activities.
  • valueBuy This is the volume attributed to buying activities. It shows the portion of the total volume where traders are purchasing the asset.
  • valueSell This is the volume attributed to selling activities. It shows the portion of the total volume where traders are selling the asset.
  • percentBuy This is the percentage of the total volume that is attributed to buying activities. It indicates how much of the trading volume was due to purchases.
  • percentSell This is the percentage of the total volume that is attributed to selling activities. It indicates how much of the trading volume was due to sales.

Credit

This indicator was inspired by and derived from an implementation by Ceyhun.

Get started with the volumesplit

Simply make an HTTPS [GET] request or call in your browser:

			[GET] https://api.taapi.io/volumesplit?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1h

API response

The volumesplit endpoint returns a JSON response like this:

			{
	"valueTotal": 6375.229269996414,
	"valueBuy": 1190.3238075620077,
	"valueSell": 5184.905462434405,
	"percentBuy": 18.67107451592368,
	"percentSell": 81.32892548407631
}
Example response from TAAPI.IO when querying volumesplit endpoint.

API parameters

secret
Required String
The secret which is emailed to you when you request an API key.
exchange
Required String
The exchange you want to calculate the indicator from: binance, binancefutures or one of our supported exchanges. For other crypto / stock exchanges, please refer to our Client or Manual integration methods.
symbol
Required String
Symbol names are always uppercase, with the coin separated by a forward slash and the market: COIN/MARKET. For example: BTC/USDT Bitcoin to Tether, or LTC/BTC Litecoin to Bitcoin...
interval
Required String
Interval or time frame: We support the following time frames: 1m, 5m, 15m, 30m, 1h, 2h, 4h, 12h, 1d, 1w. So if you're interested in values on hourly candles, use interval=1h, for daily values use interval=1d, etc.
backtrack
Optional Integer
The backtrack parameter removes candles from the data set and calculates the volumesplit value X amount of candles back. So, if you are fetching the volumesplit on the hourly and you want to know what the volumesplit was 5 hours ago, set backtrack=5. The default is 0.
chart
Optional String
The chart parameter accepts one of two values: candles or heikinashi. candles is the default, but if you set this to heikinashi, the indicator values will be calculated using Heikin Ashi candles. Note: Pro & Expert Plans only.
addResultTimestamp
Optional Boolean
true or false. Defaults to false. By setting to true the API will return a timestamp with every result (real-time and backtracked) to which candle the value corresponds. This is especially helpful when requesting a series of historical values using the results parameter.
gaps
New Optional Boolean
true or false. Defaults to true. By setting to false, the API will ensure that there are no candles missing. This often happens on lower timeframes in thin markets. Gaps will be filled by a new candle with 0 volume, and OHLC set the the close price of the latest candle with volume.
results
New Optional String
number or max. Use this parameter to access historical values on the past X candles until the most recent candle. Use max to return all available historical values. Returns an array with the oldest value on top and most recent value returned the last.

More examples

Let's say you want to know the volumesplit value on the last closed candle on the 30m timeframe. You are not interest in the real-time value, so you use the backtrack=1 optional parameter to go back 1 candle in history to the last closed candle.

				[GET] https://api.taapi.io/volumesplit?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=30m&backtrack=1
Get volumesplit values on each of the past X candles in one call

Let's say you want to know what the volumesplit daily value was each day for the previous 10 days. You can get this returned by our API easily and efficiently in one call using the results=10 parameter:

				[GET] https://api.taapi.io/volumesplit?secret=MY_SECRET&exchange=binance&symbol=BTC/USDT&interval=1d&results=10

Looking for even more integration examples in different languages like NodeJS, PHP, Python, Curl or Ruby? Continue to [GET] REST - Direct documentation.