OPEN-SOURCE SCRIPT

Volume to Shares Outstanding Ratio Indicator

Description:
This indicator shows the ratio of trading volume to the total number of shares outstanding.

Formula:
Volume to Shares Outstanding Ratio = (Trading Volume / Shares Outstanding) * 100

説明:
このインジケーターは、出来高を発行済株式数で割った比率を表示します。

式:
出来高の割合 = (出来高 / 発行済株式数) × 100
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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