fikira

Relative Volume

It is difficult to know how much volume is going on DURING the last bar,
therefore this "Relative Volume" (RV) script, previous bars are as usual, but the last one
adjusts the measured volume by comparing how much time passed and multiplying
this with the volume.

Examples:
Here (5 minute bar) there are 31 sec passed of the 5 minutes
The standard volume show little volume (since there is only 31s passed)
The "RV" multiplies this so you'll see how much this volume would be over 5 minutes,
IF everything goes the same for the rest of the 5'.

1' 5sec passed:
(so relatively more volume)

3' 4sec passed:
(With about 2' to go, you see there is a lot going on with the volime,
while seeing the standard volume, nothing much...)

Little 4' passed:

4,5':

Almost 5' gone:

Important:

This "RV" volume can diminish when during the bar the volume fades.

I think this can help evaluating the volume during the last bar

W example:

M example:
(You can clearly see that during the first 4 days there is a lot going on!)

LuxAlgo Dev: www.luxalgo.com
PineCoder: www.pinecoders.com

- We cannot control our emotions,
but we can control our keyboard -
Script open-source

Dans le véritable esprit de TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

Vous voulez utiliser ce script sur un graphique ?