Relative Volume Change: BTC | Retail v. Non-Retail [Sim] — Indicator by Simpel_Bart

volumestudies onbalancevolume cryptorae btc xbt btcusd xbtusd

This script was inspired by Cryptorae's BTC Volume Share, Retail script:

Volume Share - Bitcoin Retail % [cryptorae]

The script plots the relative monthly change of BTC volume, retail vs. non-retail. A move above 1 means the volume of retail or non-retail, respectively, is greater than last month's cumulative 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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