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rvol % indicator

leeb82 · 2021-01-14T01:31:34+00:00

Hi, I would really like some help as i am not very handy when it comes to understanding programming. i have read previous posts on rvol indicator but it is not quite what i am after. i would like to try incorporating rvol as a % difference into my trading. So the current vol ( intraday) compared to the average weekly volume. I hope this makes sense. many thanks ,] Lee

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rvol % indicator

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01/14/2021 at 2:31 AM #157739 quote

leeb82
Participant

New

Hi,

I would really like some help as i am not very handy when it comes to understanding programming.

i have read previous posts on rvol indicator but it is not quite what i am after.

i would like to try incorporating rvol as a % difference into my trading. So the current vol ( intraday) compared to the average weekly volume.

I hope this makes sense.

many thanks ,]

Lee

01/14/2021 at 8:07 AM #157741 quote
robertogozzi
Moderator

Legend
Here you can find something about it https://www.prorealcode.com/topic/relative-volume-rvol/#post-108889.

Try this (not tested):
```
Timeframe(Weekly)
VolW = volume
Timeframe(default)
Rvol = volume / VolW
RETURN Rvol AS “Relative Volume”
```
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rvol % indicator

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leeb82 @leeb82 Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by robertogozzi
5 years, 8 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	01/14/2021
Status:	Active
Attachments:	No files

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rvol % indicator

Stuck on this ProBuilder code?

rvol % indicator ProBuilder: Indicators & Custom Tools

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rvol % indicator

ProBuilder: Indicators & Custom Tools