PROTECTED SOURCE SCRIPT
Point-in-time Relative Volume Oscillator
Updated
Shows relative volumetric strength of a trend.
The column bars show relative strength in percentage.
The color is based on the change in strength in comparison to the previous bar.
The EMA is used to determine if one should enter/exit or stay.
The column bars show relative strength in percentage.
The color is based on the change in strength in comparison to the previous bar.
The EMA is used to determine if one should enter/exit or stay.
Release Notes
- Optimized for speed.
- Added new parameters and tooltips.
- Better visualization.
- Option to incorporate price changes with the volume study.
Protected script
This script is published closed-source and you may privately use it freely.
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