niceVOL (relative volume)

- When niceVOL is displayed in red and the number is below 100 we know todays volume is below average.
- When niceVOL is displayed in blue and the number is above 100 we know todays volume is above average.
The niceVOL indicator in the chart above is displaying a red color and a number below 100, this tells us todays volume is quite low and might be the reason why it isn't showing much movement.
Equation - ( todays volume / average 30 day volume ) * 100 = niceVOL
Below is snapshot of two assets, one with niceVOL above 100, in blue, and the other asset with niceVOL below 100, in red. This should give you a quick example of how easy it is to use.
Stay nice, this is not financial advice.
mrnicegvy
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact mrnicegvy directly.
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact mrnicegvy directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.