OPEN-SOURCE SCRIPT
Updated Bitterroot Trader RelVol vs SPY
Help understand specific stock momentum verses the market (SPY). This shows the relative volume at time and also the average trade range number.
Release Notes
This helps with momentum trading and understanding not only price action but relative volume at the time. You can change the signal line of the stock relative volume, anchored or candle, and it even has an average price range on the gauge. Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.