relative volume что это
Relative volume что это
Script is designed predominantly for Indian users. Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. Formula is last close_price x volume / 1 cr or (close_price x volume /10000000). The second figure is the simple moving average (default to 20sma ) again in rupee crores. The third is.
Volume can be a very useful tool if used correctly. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. This tool can be used to identify stop loss hunters and organized dumps. It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Trend.
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation. I have amalgamated various volume analysis into one synergistic script. I wasn’t going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community. Relative volume.
A volume indicator which calculates «Attributable Volume”, the portion of volume which contributed to the direction in which the candle moved. Attributable Volume is calculated as: Total volume excluding the «counter wick» volume. Where for a green (up) candle, the «counter wick» volume is the top wick volume. In theory, Attributable Volume should better.
Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time. It is often used to help traders determine how in-play a ticker is. General rule of thumb is the higher the RVOL, the more in play a stock is. I myself like to use it as a substitute of the volume indicator itself. Basic Calculation: Relative.
This strategy combines the use of MACD (12, 26, 9), RSI (14, 30, 70), and RVOL (14) to create Long Buy and Sell signals. This works well with many different time intervals but was developed with 15-minute intervals in mind. Using MACD as a reference, the strategy identifies when the MACD line crosses over (a factor in a buy signal) and under (a factor in a Sell.
This script will screen 12 different stocks and current chart (13 in total) for entry points from my relative volume indicator. 1. Enter in any ticker ID’s from charts you wish to scan in the settings. 2. Go to desired timeframe. 3. Click add alert button at top toolbar. 4. Select RVOL Screener Alerts indicator, input alert notification settings and/or change.
Relative Volume, often times called RVOL, is an indicator that tells traders how current volume is compared to past trading volumes over a given period. It is kind of a like a radar for how “in-play” a stock is. The higher the relative volume is the more in play it is. Relative Volume is displayed as a ratio. So if it is showing 3.5 relative volume, that means it.
Relative Volume label in percent. So 400% RVol means, today’s volume is 4x compared to avg volume for the length you selected.
DTR vs ART along with Relative Volume in Percentage. So if you see RVol as 200% with input length of 10 days, today’s volume is 2x compared to past 10 days. It helps if today’s volume is already reached 20% or 30% within 30mins of market open, etc.
Relative Volume ( RVol ) is a critical measure of volume flows. It measures current volume in relation to the «usual» volume for this time of the day. Rate of Change ( RoC ) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago.
Relative Volume indicator that pulls data from 9 different Bitcoin exchanges. Please note that this indicator only works with BTC and will not use data from your current chart. Includes the following exchanges: BYBIT:BTCUSD BITFINEX:BTCUSD BITSTAMP:BTCUSD INDEX:BTCUSD COINBASE:BTCUSD FTX:BTCUSD PHEMEX:BTCUSD BITTREX:BTCUSD POLONIEX:BTCUSDT
Relative Volume indicator that pulls data from 9 different Ethereum exchanges. Please note that this indicator only works with ETH and will not use data from your current chart. Includes the following exchanges: BYBIT:ETHUSD BITFINEX:ETHUSD BITSTAMP:ETHUSD INDEX:ETHUSD COINBASE:ETHUSD FTX:ETHUSD PHEMEX:ETHUSD BITTREX:ETHUSD POLONIEX:ETHUSDT
Relative Volume
Информация о релизе: Added signals and alerts
-Signal for entry point
-Alert for when volume crosses defined amount.
-Alert for entry point
Информация о релизе: The best volume indicator just got better!
It seems a lot of traders love the entry points. So I’ve made more entry points.
Entry points are LSMA breakouts, originally this was based on LSMA with a length of 50 (Now the LSMA is configurable in settings).
This indicator now picks up LSMA 21 and LSMA 6 breakouts too! What this means is that you will find more entry points on longer time frames.
For those that trade on 5min and less charts you might want to turn these off as they are not as strong signals as the LSMA 50.
Ive also added a traditional RVOL calculation that can be turned on in settings. This divides current volume over average volume. Amount of bars used to calculate average is set at 30 but can be changed in settings.
I should mention I now have a RVOL entry point screener indicator that scans 13 different stocks of your choice for entry points and gives you alerts. You can get it here:
relativevolume
Индикаторы, стратегии и библиотеки
Script is designed predominantly for Indian users. Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. Formula is last close_price x volume / 1 cr or (close_price x volume /10000000). The second figure is the simple moving average (default to 20sma ) again in rupee crores. The third is.
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the.
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation. I have amalgamated various volume analysis into one synergistic script. I wasn’t going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community. Relative volume.
Simple Study to display volume data and atr value on the chart. It will display the relative volume in percentage, an average volume and the current volume and ATR value for the time resolution. Thank you to @PriceCatch for the ATR code
Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time. It is often used to help traders determine how in-play a ticker is. General rule of thumb is the higher the RVOL, the more in play a stock is. I myself like to use it as a substitute of the volume indicator itself. Basic Calculation: Relative.
Relative Volume, often times called RVOL, is an indicator that tells traders how current volume is compared to past trading volumes over a given period. It is kind of a like a radar for how “in-play” a stock is. The higher the relative volume is the more in play it is. Relative Volume is displayed as a ratio. So if it is showing 3.5 relative volume, that means it.
Relative Volume label in percent. So 400% RVol means, today’s volume is 4x compared to avg volume for the length you selected.
DTR vs ART along with Relative Volume in Percentage. So if you see RVol as 200% with input length of 10 days, today’s volume is 2x compared to past 10 days. It helps if today’s volume is already reached 20% or 30% within 30mins of market open, etc.
This script plots volume bars and highlight bars that have an unusual activity, compare to the average (Standard: Simple Moving Average, 50 periods). The script is useful for checking daily volume levels on equities. Where there is high volume, there is likely volatility, wich is good for day trading and swing trading entries.
Relative Volume ( RVol ) is a critical measure of volume flows. It measures current volume in relation to the «usual» volume for this time of the day. Rate of Change ( RoC ) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago.
Relative volume что это
Relative volume is a powerful measurement and is used to identify whether volume flows are increasing or decreasing. However, relative volume is seldom used by beginners or retail traders. The main reasons for this are:
1) It takes a while to understand.
2) It’s not widely available on retail or brokerage platforms.
3) The intraday volume distribution curve makes it hard to calculate the ratio in real time. We will discuss this afterward.
4) Improvements in computing power, data extraction, and analysis have made this calculation possible only in recent times.
(Read on, or go straight to the Unusual Volume Stocks scanner.)
What is relative volume exactly?
Relative volume is a critical measure of volume flows. It measures current volume in relation to the “usual” volume for this time of the day.
What is considered “usual»? For that, we have to use a historical baseline known as the average daily volume. That means how much volume a stock does on a daily basis over a defined period.
It is usually expressed as the 6 month, 3 month, 30 day, 10 day or 5 day average.
A 6 month average of 1 million means that the stock has traded an average of 1 million shares per day, over the last 6 months.
A 5 day average of 4 million means that the stock has traded an average of 4 million shares per day, over the last 5 days.
(Part 1/3) Relative Volume explained ….. the simple version.
Relative volume is defined by a ratio. The equation to derive the relative volume ratio is very simple.
Today’s volume / Average volume
Example 1 – Measuring against the 6 month average
Today’s volume for AAPL is 10 million.
6 month average daily volume is 1 million.
The relative volume ratio is 10 million/1 million = 10x.
This means that for today, AAPL has traded 10 times its 6 month average daily volume.
Example 2 – Measuring against the 5 day average
Today’s volume for AAPL is 10 million.
5 day average daily volume is 4 million.
The relative volume ratio is 10 million/4 million = 2.5x.
This means that for today, AAPL has traded 2.5 times its 5 day average daily volume.
An appropriate baseline is required
As you can see, the period of the baseline changes the ratio. At Stockeep we use the 5-day average daily volume as our baseline. There are two reasons for this:
1) The more recent the data is, the more relevant it is.
2) Longer period baselines have lower volumes. This creates too much noise when we generate our results.
We use the 5 day average baseline because we want more relevance and less noise.
Ok, that was easy. Here comes the hard part.
What you’ve just read, was how to calculate relative volume based on end-of-day data. The market has already closed and the values don’t change.
That’s all right if you want to measure relative volumes after the market has closed.
(Part 2/3) Relative Volume explained ….. the intraday distribution problem
What if you needed to know relative volumes during the trading day? Can the same formula be applied? The answer is no and we show why.
Example 3 – Measuring one hour’s volume against the daily average
Using AAPL again as an example, with an average 5 day volume of 4 million.
After one hour of trading, volume at 10:30 am was 3 million shares done.
Relative volume = Current volume / Average volume = 3 million / 4 million = 0.75
The equation would give a ratio of 0.75x. You would think that the relative volume wasn’t high at all.
4 million is the daily average volume. A trading day has 7 hours of trading. That means AAPL usually takes 7 hours of trading to hit 4 million shares done.
Can we take one hour’s worth of volume, and compare it to a daily average which has 7 hours worth of volume?
Clearly, the answer is no. The comparison is between apples and oranges.
Definition of relative volume during the trading day
The common definition for real-time relative volume is:
Current volume for this time of day / Average volume for this time of day
However, the wording is ambiguous and prone to misinterpretation. It does not mean taking the volume from 10:30 am to 10:45 am and comparing it to what it does from 10:30 am to 10:45 am every day.
What it truly means is to compare cumulative volumes. Therefore, this is the precise definition of real-time relative volume:
Current cumulative volume up to this time of day / Average cumulative volume up to this time of day
The difficulty is in figuring out the average cumulative volume for this time of the day.
Our solution – addressing the intraday distribution of volume on stock markets
Equity markets experience higher levels of trading during two periods – the opening hour and the closing hour. The opening hour usually has more volume than the closing hour. Volumes are lowest before and after the lunch hour.
On an aggregate level, the intraday distribution of volume on equity markets looks like this:
Figure 1. Bimodal distribution of intraday volume in equity markets.
(Part 3/3) Relative Volume explained ….. plotting the average volume against the intraday distribution curve
We now know that volumes are not equally distributed during the entire day. It peaks at the open and close, and it dips around lunch. Using this behavior, we plot intraday volume as a cumulative graph. For most stocks, this is how the volume adds up over the course of a trading day.
Figure 2. Cumulative intraday volume curve.
We take the average daily volume and distribute it into time periods according to this chart.
This means that as the time of day increases, so does our baseline for comparison. For example, in the opening hour we would use 1 million as the baseline, but for the closing hour we would use 4 million as the baseline.
Example 4 – Measuring the volume at 10:30 am against the cumulative daily average with intraday distribution
Using AAPL again as an example, with an average 5 day volume of 4 million.
After one hour of trading, volume at 10:30 am was 3 million shares done.
Based on the intraday distribution curve, the average cumulative volume for AAPL for this time of the day is 1 million.
Relative volume = Current cumulative volume for this time of day / Average cumulative volume for this time of day = 3 million / 1 million = 3
The equation would now give us a ratio of 3x. The previous calculation in Example 3 gave us a ratio of 0.75x.
This gives us a completely different picture. What we now know, is that AAPL has traded thrice its usual volume for this time of day. This means that something is going on today, and the market is unusually active with AAPL during the opening hour.
This is how we derive the RVol ratio, which tells us relative volume for this time of day.
Summary
1) Relative volume or RVol, is a ratio that calculates current volume to average volume for the same time of day.
2) Relative volume or RVol, tell us if volume flows are increasing or decreasing.
3) A high relative volume tells us that there is increased trading activity in a stock today.
4) Increased volume flows often accompany higher volatility i.e. a significant price move.
5) The equation of today’s volume over average volume is simplistic and can only be used for end-of-day analysis.
6) To calculate relative volumes in real time, the intraday distribution curve must be considered.
7) To calculate relative volumes in real time, the definition is – Current cumulative volume up to this time of day / average cumulative volume up to this time of day.
Complexity made simple. And fast.
It’s been a long read and it’s quite a handful to absorb. But do sit back and relax. We’ve done all the hard work so that you can get updates when stocks do this:
BAX surges on high relative volume.
About the author
David Miller is the Market Data Engineer at Stockbeep. He has spent more than two decades working across dealing rooms, market data vendors and trading ISVs.
For short term trading, David employs a data-based approach to trade equities and derivatives. For long term investing, he prefers ETFs and fixed income.
Besides helping traders find actionable information from data, he is an avid fan of hockey, golf and fishing.
relativevolume
Indicators, Strategies and Libraries
Script is designed predominantly for Indian users. Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. Formula is last close_price x volume / 1 cr or (close_price x volume /10000000). The second figure is the simple moving average (default to 20sma ) again in rupee crores. The third is.
Volume is one piece of information that is often neglected, however, learning to interpret volume brings many advantages and could be of tremendous help when it comes to analyzing the markets. In addition to technicians, fundamental investors also take notice of the numbers of shares traded for a given security. What is Volume? The volume represents all the.
This is the best version of relative volume you can find a claim which is based on the logical soundness of its calculation. I have amalgamated various volume analysis into one synergistic script. I wasn’t going to opensource it. But, as one of the lucky few winners of TradingClue 2. I felt obligated to give something back to the community. Relative volume.
Simple Study to display volume data and atr value on the chart. It will display the relative volume in percentage, an average volume and the current volume and ATR value for the time resolution. Thank you to @PriceCatch for the ATR code
Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time. It is often used to help traders determine how in-play a ticker is. General rule of thumb is the higher the RVOL, the more in play a stock is. I myself like to use it as a substitute of the volume indicator itself. Basic Calculation: Relative.
Relative Volume, often times called RVOL, is an indicator that tells traders how current volume is compared to past trading volumes over a given period. It is kind of a like a radar for how “in-play” a stock is. The higher the relative volume is the more in play it is. Relative Volume is displayed as a ratio. So if it is showing 3.5 relative volume, that means it.
Relative Volume label in percent. So 400% RVol means, today’s volume is 4x compared to avg volume for the length you selected.
DTR vs ART along with Relative Volume in Percentage. So if you see RVol as 200% with input length of 10 days, today’s volume is 2x compared to past 10 days. It helps if today’s volume is already reached 20% or 30% within 30mins of market open, etc.
This script plots volume bars and highlight bars that have an unusual activity, compare to the average (Standard: Simple Moving Average, 50 periods). The script is useful for checking daily volume levels on equities. Where there is high volume, there is likely volatility, wich is good for day trading and swing trading entries.
Relative Volume ( RVol ) is a critical measure of volume flows. It measures current volume in relation to the «usual» volume for this time of the day. Rate of Change ( RoC ) is a momentum-based technical indicator that measures the percentage change in price between the current price and the price a certain number of periods ago.