OPEN-SOURCE SCRIPT
Updated Relative Vol % (RTH Only)

A measure of the relationship between the most recent trading activity to the number of shares traded on an average daily basis (over the last 50 trading sessions).
When viewing this data item during a trading session, please note:
Percentage change calculations are based on a projected volume figure.
We use 'rth_open_time' which is fixed at 09:30 for the current day
When viewing this data item during a trading session, please note:
Percentage change calculations are based on a projected volume figure.
We use 'rth_open_time' which is fixed at 09:30 for the current day
Release Notes
Updated for one decimal place.Release Notes
Updated for logic through intraday.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.