OPEN-SOURCE SCRIPT
Relative Volume (RVOL)
I have seen a few RVOL scripts floating around out there, but when creating alerts, the parameters have not been labeled clearly that makes it easy to say: "Alert me when RVOL crosses up my Treshold." Look no further than my retooled version that clearly separates the two data series by color and label. Enjoy!
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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