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R4rocket

RVOL - Final on 814 for 3m Candles ONLYRelative Volume for 3 minute charts ONLY. Lookback 20 days. Historical and average values are used to formulate the ratio. Thank you to R4Rocket for the initial code. I also researched the RVOL output in Trade Ideas to align the final ratio as close as possible. The colors change at different levels: <0.5 ; Red 0.5 > and <=.65 ; Orange 0.65 > and <=1 ; Dark Yellow 1 > and <=1.25 ; Bright Yellow 1.25 < and <=1.5 ; Dark Green 1.5 < and <=2 ; Brighter Green Above 2 ; Very Bright Green
Pine Script® indicator
by kmack282
Aug 14, 2019
33

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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