Relative Volume (RVOL)

18 ก.ค. 2021

Relative Volume is calculated by taking the ratio of current volume relative to a moving average of your choice. It gives you a quick way to see how much volume is involved in the current movement relative to a recent period.

Features:

-Customizable Moving Average: You can choose the period (default is 21) and type (SMA or EMA)
-Customizable base level: Default setting is 1.
-Smoothing option: Uses a Hull moving average to smooth out the RVOL area plot, by default its turned off.

Enjoy!

18 มี.ค. 2023

เอกสารเผยแพร่

Updated to Pine V5
Updated gradient Fill and RVOL line is now also gradient line.