Not sure if this was suggested before but I think its hard to do any technical analysis on charts for different coins.

Going to bitcoinwisdom I noticed there's multiple charts for a single coin, each chart belonging to a certain exchange.

Wouldn't TA on charts be inaccurate? I mean if one coin is on 3 exchanges: mintpal, bittrex, and cryptsy where mintpal has lets say 500 btc in daily volume, bittrex has 200 btc and cryptsy 250 btc daily volume. Which chart would be the perferred to use when doing TA? Most of us would use mintpal being that it has the largest volume but what about bittrex and cryptsy?

Basing your analysis on just one exchange isn't going to be that accurate as we're not taking into consideration the other 2 exchanges that have considerable amount of volume.

So my suggestion would be instead of having a chart from each exchange for a single coin is to have one chart that includes all major exchanges (volume wise). The price would be an average between all major exchanges and a chart would be drawn based on the average rate. Analyzing the new chart would be much more efficient in providing much more accurate analysis.

Something similar to how preev.com shows us the rate of btc in usd where the price is an average between major exchanges.

Not sure if this would help but wouldn't save server resources? Instead of having 300 charts for 100 coins on 3 exchanges you would have 100 charts instead.


What do you guys think?