Volume, Simple Relative Volume Highlight

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.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out