Relative Volume (RVOL)

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  • #222035 quote
    DavidZ
    Participant
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    Besides, I tried to use this code in a 2min TF, but it didn’t work properly since there can be gaps between candles in that TF (the full amount of candles is 195 per day in the US market, but you sometimes get 194 or 193 because of gaps in the price).

    #223933 quote
    Lucho0712
    Participant
    New

    Hi,

    I am trying to replicate the indicator Relative Volume at Time, from TV service. I find it efficient in indicating if the tendence is likely to continue or not.

    Basically it takes the current candle volume and divides it by the average of that single bar for the last X days. This is typically done on 5 minutes bars.

    Here is the link https://www.tradingview.com/support/solutions/43000635874-how-do-we-calculate-relative-volume-and-relative-volume-at-time/

    I would like to use this on a screener later on. Any help would be appreciated

    Cheers

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Relative Volume (RVOL)


ProBuilder support

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Stocks008 @jd008 Participant
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This topic contains 16 replies,
has 6 voices, and was last updated by Lucho0712
2 years, 2 months ago.

Topic Details
Forum: ProBuilder support
Language: English
Started: 09/30/2019
Status: Active
Attachments: 2 files
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