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5 min. Relative Vol.

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brooklyn040509

Posted : Sunday, December 16, 2018 10:58:35 AM

Registered User
Joined: 2/27/2018
Posts: 14

Hi Bruce,

Is there a way where I can see on my watch list the relative volume for a 5 min. chart ?

Bruce_L

Posted : Monday, December 17, 2018 10:57:40 AM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I am not quite sure what you mean by relative volume. Do you want say the ratio of the volume of the current bar to the average volume of say the previous 50 bars (maybe as a percentage to get more precision)? If so, you could use the following indicator formula set to a 5-minute time frame or plot it as an indicator formula on your chart (make sure to set the refresh rate of the WatchList column as short as possible).

V / AVGV50.1

Or are you looking for something else?

-Bruce
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