Get started
NicolasRZ

Volume Percentage

NicolasRZ  
Volume Indicator volumepercentage
378
6
volume volumepercentage
Volume percentage oscillator that compares the current volume value with the average of each two periods of volume, one fast (10 days) and one slow (100 days).

There are two horizontal lines that are a good visual guide, one in 100% and the other in 200%, which are very useful.

Special thanks to rick_decard.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?