RVOL / Relative Volume - I found a way to jam this in via ThinkScript, but this really should be a standard feature. With that said, I have searched high and low, for years, and I can't seem to find any of the following fields / indicators (to add to a watchlist in TOS) and am finally just going to reach out directly. . But, as one of the lucky few winners of TradingClue 2. If we do, we can throw it in a ThinkScript. How can I take that code and create a watchlist for RVOL? Relative Volume can be a leading indicator for predicting future price movements. Bitcoin set as default. BrianB, Jul 9, 2019 #1 MarkC likes this. Includes the following exchanges: Or you can buy the paid version from scriptstotrade. The theory behind it is that Relative Volume (manually computed or through a RVOL indicator on Thinkorswim) can indicate the volatility of a particular stock. Relative Volume (or RVOL) is a technical indicator that measures volume relative tothe average volume, that is volume or number of shares traded, of the same security over a given period, usually ten days. Of course, it is also important to consider other factors, such as recent news events or EPS results, fund ownership, or other factors. It can help you determine when a stock is getting ready to make a move, and it can also help you spot liquidity gaps. Futures and futures options trading involves substantial risk and is not suitable for all investors. Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. I hope that helps. Important Watchlist Fields for Pros: RVOL / Float / Short Float - reddit This tells traders about the movement potential / or movement profile. RVOL, or Relative Volume, is a technical indicator that measures the average volume of a security over a specific period of time, usually 10 days. Relative Volume Indicator for ThinkOrSwim Please note that this indicator only works with ETH and will not use data from your current chart.

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