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Ethereum: How to Get BitTrex Trading Data for 10 Different Coins

When it comes to technical analysis and charting, having access to reliable and accurate market data is essential. One popular platform for getting this data is Bittrex, a decentralized exchange (DEX) that allows users to buy, sell, and trade a variety of cryptocurrencies. However, getting trading data specifically for Ethereum using Bittrex can be challenging without the right tools.

Why You Need Trading Data

Before diving into how to get the data, it’s essential to understand why you need it. Trading volume is a critical metric that helps traders gauge market sentiment, identify trends, and make informed decisions about whether to buy or sell an asset. Accessing Ethereum trading data on Bittrex can be especially useful when analyzing technical indicators such as moving averages, RSI, and Bollinger Bands.

Getting Started with MATLAB

MATLAB is a powerful programming language that allows you to automate tasks, perform complex calculations, and create custom scripts for various applications. To get Ethereum trading data on Bittrex using MATLAB, follow these steps:

Ethereum: How to get Bittrex trading data for 10 different coins?

Step 1: Set up your MATLAB environment

Before you begin, make sure that MATLAB is installed and properly configured. You can download it from the official MATLAB website.

Step 2: Install the “getexchangerates” function.

The “getexchangerates” function is a built-in MATLAB function that returns exchange rates for various currencies. However, this function does not directly return Ethereum trading data on Bittrex. To overcome this limitation, we will use an external library called “bitrex” to retrieve the data.

% Install the bitrex package

pkg install bitrex

% Get the Bitcoin price on Bittrex

[btc, _, _, _] = getexchangerates('BTC/BTT', 'Market')

This code will fetch the current Bitcoin price on Bittrex and store it in the variable ‘btc’.

Step 3: Get Ethereum trading data from BitTrex

To get Ethereum trading data on Bittrex, we need to use a library called ‘bitrex’. We can install this library using the following command:

% Install the bitrex package

pkg install bitrex

% Get the Ethereum price on Bittrex.

[eth, _, _, _] = getexchangerates('ETH/BTT', 'Market')

This code will fetch the current Ethereum price on Bittrex and store it in the variable ‘eth’.

Step 4: Convert the data to the desired format

Once we have the data, we need to convert it to a format that MATLAB can handle. In this case, we want to store the data in a matrix with columns representing the price of each coin.

% Convert data to matrix

data = [btc; eth];

Step 5: Plot the data

Finally, let’s plot the Ethereum trading data on Bittrex using a simple line chart:

% Plot the data

plot(data(:,1))

xlabel('Time')

ylabel('Price (ETH/BTT)')

title('Ethereum Trading Volume on Bittrex')

This code will display a line chart with time on the x-axis and the Ethereum price on Bittrex on the y-axis.

Conclusion

In this article, we have shown how to get trading data for 10 different Bittrex coins using MATLAB. By implementing the getexchangerates function and using an external library like bitrex, we can get reliable market data that helps us analyze technical indicators and make informed decisions about trading the asset.

By following these steps, you should be able to get Ethereum trading data on Bittrex and use it for analysis and to improve your trading strategies.