OPEN-SOURCE SCRIPT

Relative Volume (RV)

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Relative Volume take the volume at a given time of day and compares it to the average volume at that time of day. You can either use the current volume or the cumulative volume in this analysis. You have the option to either see the average and the current volume or a comparative view where you see the percent difference between now and the average.

My implementation of relative volume uses a key-value pair to simplify the process of getting the average volume for the time of day. This reduces the lines of code needed and makes it easier to understand. I have added the normal features you would find in a relative volume indicator with the addition of an average above/below average section for comparing the significance of above/below average moves are. I hope this script is not only useful but educational.

Enjoy
Nota Keluaran
Added seconds chart compatibility. Fixed a hidden bug where it wasnt adding the right times.
Nota Keluaran
lol forgot to allow cumulative on seconds.
CycleseducationalVolume

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Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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