PROTECTED SOURCE SCRIPT
Daily Real-Time Relative Volume *Eastern Time Zone Only*
Calculates the current relative volume in real-time compared to the inputted moving average length.
*VOLUME MUST CHANGE on the current chart, once loaded, with the indicator before the script activates and presents the current relative volume*
On high volume stocks the script should activate almost immediately on low volume stocks it may take a little while.
Relative Volume that equals or exceeds the High Volume Threshold set will color the column either red or green (based on current and previous days close).
Relative Volume that is below the Low Volume Threshold set will color the column yellow.
Relative volume between the Low and High Volume Thresholds set will color the column black.
*VOLUME MUST CHANGE on the current chart, once loaded, with the indicator before the script activates and presents the current relative volume*
On high volume stocks the script should activate almost immediately on low volume stocks it may take a little while.
Relative Volume that equals or exceeds the High Volume Threshold set will color the column either red or green (based on current and previous days close).
Relative Volume that is below the Low Volume Threshold set will color the column yellow.
Relative volume between the Low and High Volume Thresholds set will color the column black.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.