in the klines public data given by binance what does the trems takerbuybase asset volume and ignore means??
also is there any way i can find taker_sell_volume, maker_buy_volume, maker_sell_volume??
Hi.
Taker buy base asset volume represents how many of the total base asset volume are contributed by the taker buy orders. Once taker_buy_base_asset_volume and the total volume (Volume) is known, the value of the following cases ( taker_sell_volume, maker_buy_volume, maker_sell_volume ) are clear.
Every trade has a buyer and a seller. A buyer can be a maker or a taker. But when a buyer is a maker, the seller must be a taker, and vice versa. That is,
taker_buy_base_asset_volume = maker_sell_base_asset_volume
taker_sell_base_asset_volume = maker_buy_base_asset_volume
total_volume = taker_buy_base_asset_volume + taker_sell_base_asset_volume
= maker_buy_base_asset_volume + maker_sell_base_asset_volume
Please do not take the field “Ignore” seriously. This field is deprecated.
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by definition a maker is the one who puts order in the orderbook providing liquidity to the market. But when a trade happens is it true that one is maker and other is taker, If seller is maker then buyer is taker, if buyer is maker then seller is taker. I mean it is possible that both buyer and seller can be makers??
A buyer can be a maker and a seller can also be a maker. But they cannot be matched to the same trade.
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Volume = 2 * taker_buy + 2 * taker_sell
When applied that equation on candlestick, it gives a negative value for taker_sell
Example:
fapi.binance.com/fapi/v1/klines?symbol=XMRUSDT&interval=1d&startTime=1694995200000&limit=1
Volume = 151930.088
Taker Buy Base Volume = 76239.980
=> Taker Sell Base Volume = -274.936
volume,quote_volume,taker_buy_volume,taker_buy_quote_volume
9.506,8205.1626,2.368,2044.3300
Can you tell me how all these numbers are related?