glst0rm

Daily Volume, RVol, RRVol, and RS/RW Labels

glst0rm Updated   
Heads-up display of essential Real Day Trading criteria

  • Daily Volume
  • Relative Strength/Weakness
  • ATR 14 and ATR 14 percent of price
  • Relative Volume (RVol)
  • Relative Volume to SPY RVol (RRVol)
Release Notes:
Adjusted SPY timeframe comparison from M5 to instead match the current selected period.
Release Notes:
  • New 'bar relative strength' indicators (experimental, let me know how they work)
  • Color coding for ATR and RS levels; can be customized
  • Improved layout and color
Release Notes:
Disabled 'recent bar relative strength' visibility by default
Release Notes:
Formatted "recent bar relative strength" into table tucked below main table. This seems to work best a stand-alone pane rather than an overlay.
Release Notes:
(publishing new chart)
Release Notes:
Added experimental "Relative ATR" which compares current ATR to the previous 600 bars. The theory is that this will identify tickers that are showing above-average movement as an additional indication of institutional buying.
Release Notes:
  • ATR now matches selected timeframe (was tied to 5-min chart)
  • Increased ATR to 10 bars
Release Notes:
- Label adjusts to show "RS" or "RW" based on value
- Recent bar strength values displayed newest to oldest, right-to-left
Release Notes:
Added plot of the ticker's relative volume and the SPY's relative volume. This is very powerful as an increase in a stock's relative volume (to its history) shows institutional interest.
Release Notes:
Added display of "daily average" volume
Release Notes:
Fixed issue with daily average volume
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.

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