Intraday volume integral, start to sum the volume each bar on beggining of the seesion until marked close. And next day again and again. Compared by a mix of MA to flat spikes, this indicator show bar by bar the actual percent of the avarage volume. High percent at the middle day suggest that something is going to happen.
Comments
Lupo_Investing
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Thanks Marco, very nice idea on this script. I modified it to make a relative-volume-highlighted volume indicator, check it out!
Marco - Like this idea. Is it possible to show Bid/Ask volume in Futures as a cum for the day, this would show an oscillator when Buyers or Sellers take over?
Lord_Snow
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This looks awesome.. Trying to get it to work on mine but this is my first time w/ the editor.. is there any other extra code needed or does the above work stand-alone? or need a certain time interval to work? thanks!
Lord_Snow
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it is picking up the green and red shading, however not the actual bars
Lord_Snow
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Interesting, it seems to work for all but XAUUSD for me.. will figure it out.. Thanks again!
MarcoValente
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Intraday from 5 min to 120 , after that not enough bar to count, and it s still work but is too concentrate
MarcoValente
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If the symbol has not volume to show this indicator can not works!
tradingview.com/script/XwQEZGKI-Volume-Relative-Volume-Highlight/