rvol indicator thinkorswim rvol indicator thinkorswim

Our forum can be intimidating, if not overwhelming. At the time of writing on July 19th 2022 there are 7 reviews with 6 of them being 5 stars and make it sound like the tool will change your life. Trading With The Relative Volume Indicator TrendSpider 41.2K subscribers Subscribe 201 Share 9.8K views 1 year ago Relative Volume (RVOL) is an indicator that visually shows traders how. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. I can't count how many times I've heard "we need RVol" or "how do I calculate short float" or "why isn't there a 1wk, 12wk, 24wk, YTD, 3yr column". RVOL compares current volume levels with past levels to gauge the intensity of trading activity. So, if a stock usually trades 100,000 shares a day and it's currently trading 250,000 shares a day, that's considered an interesting volume change and could be an indication that the stock is about to make a move. In order to find the relative volume of a stock, you must either calculate the RVOL yourself, or subscribe to a charting service or broker who performs the calculation for you. The RVI can be used as a confirming indicator since it uses a measurement other than price as a means to interpret market strength. At the very least, if you are searching for momentum in the market, it will help guide you to the stocks making the biggest moves with the best liquidity.If you're looking to day trade stocks, be sure to account for volume fluctuations. It does appear to have a 0-7 range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. This is the built in code of TOS for RelativeVolumeStDev. Additionally, stocks with higher volume tend to be less volatile, making them ideal for investors who are looking for stability. So 10,5000,000 could just be 10.50M or 50,000 could just be 0.05M something more condensed so it doesn't become useless and can actually fit into watchlists. For this reason, relative volume can be used to identify momentum or potential trends in the market. As such, relative volume can be directly correlated to the potential trends in the market and help identify possible trends. 4. Forex trading involves leverage, carries a high level of risk and is not suitable for all investors. 1. Simply put, relative volume is a measure of the amount of trading activity in a stock relative to its average level of activity over a given period of time. First, you'll want to select the 'Charts' tab at the top of your screen. Prior to trading options, you should carefully read Characteristics and Risks of Standardized Options. It helps if today's volume is already reached 20% or 30% within 30mins of market open, etc. For a better experience, please enable JavaScript in your browser before proceeding. https://usethinkscript.com/threads/ator-watchlist-for-thinkorswim.1014/post-8511, https://usethinkscript.com/threads/gy-and-momentum-scanner-for-thinkorswim.3002/, https://www.smbtraining.com/blog/relative-volume-rvol-defined-and-how-we-use-it, https://usethinkscript.com/threads/unusual-volume-scanner-for-thinkorswim.247/#post-1477, Unusual Volume Moving Average Scan & Watchlist, scan for stocks with unusual buying volume, Unusual Volume Scan within last 10 bars rather than just current bar, Unusual Option Activity Scanner for ThinkorSwim, https://usethinkscript.com/threads/repainting-trend-reversal-for-thinkorswim.183/, https://usethinkscript.com/threads/buy-the-dip-indicator-for-thinkorswim.3553/, https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/. Hello traders! For example, using this indicator you can see today's volume during the first 5-minute candle of the market open compared to the previous day's volume at the market open. I tried to copy above code but i don't see anything on the chart. Thanks in advance! My hope is that since there are a quite a few forums on these topics, individually, that maybe if enough people see and up vote this, between reddit and trading making headlines, maybe someday they'll see this and decide to see if they can add these basic features. The theory behind it is that Relative Volume (manually computed or through a RVOL indicator on Thinkorswim) can indicate the volatility of a particular stock. THINKORSWIM INDICATORS All indicators for thinkorswim are one time fee indicators.The indicators we offer and those that will soon be available are: Note: Thess Indicators are for entertainment purposes only and are not a recommendation to buy or sell a security Our indicators are: RVOL-RELATIVE VOLUMEThis epic tool is our newest indicator and aims to Do they need some more powerful functionality that the other versions don't have? Clients must consider all relevant risk factors, including their own personal financial situation, before trading. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). Where for a green (up) candle, the "counter wick" volume is the top wick volume. Others might include the RVOL ratio in the order montage or some other window with data. This is another indicator that there are . Here is a Zanger volume study. Here's how: RVOL / Relative Volume - I found a way to jam this in via ThinkScript, but this really should be a standard feature. Nov 8, 2019 #1 Hey guys. RVOL, or Relative Volume, is a technical indicator that measures the average volume of a security over a specific period of time, usually 10 days. During strong trends, the RSI A volume indicator which calculates "Attributable Volume, the portion of volume which contributed to the direction in which the candle moved. Bitcoin set as default. It can help you determine when a stock is getting ready to make a move, and it can also help you spot liquidity gaps. Thinkorswim is owned by TD Ameritrade, which has recently been aquired by Charles Schwab. Relative Volume Indicator For ThinkorSwim ankbhard Jun 19, 2019 1 2 Next A ankbhard New member Jun 19, 2019 #1 Hello, Just wondering if anyone knows if TOS has a Relative Volume Indicator.? The Relative Volume (RVOL) Intraday script shows the current relative volume for a stock up the minute on an intraday basis compared to the last 5 days. Relative volume can also be affected by events such as earnings announcements or analyst upgrades/downgrades. Market volatility, volume and system availability may delay account access and trade executions. TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex, and Easycators.com, Amberle LLC and this channel are not affiliated with them in any way. This might be obvious/unhelpful, but because TOS doesn't have a relative volume indicator for some reason, I gauge relative volume by seeing on the VolumeAvg indicator if the bullish volume bar is above the volume average. Thanks I made it work, but the yellow color background makes the numbers unseeable. JavaScript is disabled. None of our products are endorsed by TD Ameritrade or any of its affiliates. COINBASE:ETHUSD In the one 4-star review the user wishes that you could see past RVOL. For example, if a stock has a high relative volume, it may be because there is more interest in the stock, or because the price of the stock is changing rapidly. On behalf of the internet: Do it for the fucking children. Learn all about VIP membership, To access the premium indicators, which are plug and play ready, sign up for VIP membership. Relative Volume Indicator for ThinkOrSwim $ 249.99 $ 199.99 For many of you subscribe to the classical trading philosophies of legendary traders like Jesse Livermore and Richard Wyckoff, there is probably no need for me to further emphasize the importance of volume here. If you chose to share it freely. Also, what exactly would be the difference between using the Short vs Long version on a watchlist? It's ridiculous to me and so many others. *Disclaimer* As day traders you will have a slew of data to Table of Contents How to calculate the number of trading days in a year Number of Trading Days in 2014 How Many Days Can you Actually Trade Per Year? The forum users on usethinkscript came together to create this code. here is the basis of a high relative volume/rvol scanner. Anyone who's interested in stocks has probably heard the term "volume" before. When the indicator value is greater than one, the volume is higher than average; conversely, a value less than one means lower than average volume.Timestamps0:00 Intro0:25 RVOL Calculation1:26 Loading Custom Script 4:23 How it Works5:03 Outro Open a tastyworks account: https://start.tastyworks.com/#/login?referralCode=PKSKCFVD2J Start Investing with M1 Finance: https://m1finance.8bxp97.net/151KXmDisclaimer: Some of these links go to one of my websites and some are affiliate links where I'll earn a small commission if you make a purchase at no additional cost to you. RVOL one of those basic, but very important, indicators that help short term traders know if a stock is "In Play". Relative Volume (RVOL) compares current volume to the average volume for the same time of day. Hey, could I see your rVol thinkscript? Do these tools not fulfill the job poster's requirements? Small gaps can be ignored: the author suggests using the previous close as the DPL value. Copyright 2023 Raconteur Content Creators Ltd, all rights reserved. It is a technical indicator that measures the average volume of a security over a specific period. RVOL is calculated by dividing the security's current volume by its 10-day average volume. Keep in mind that volume isn't always an accurate indicator of a stock's performance.Another way to present RVOL data is to show it as a percentage. This tool can be used to identify stop loss hunters and organized dumps. Unlike many conventional support and resistance indicators, the Relative Volume StDev takes into account price-volume behavior in order to detect the supply and demand pools. This just means that they will have the ability to get in and out of a trade with ease if using large size/shares. If you can pleas post screenshot. The thread is constantly being updated right up to when this article was written on July 20th 2022 which is a good sign. The Relative Volatility Index is the Relative Strength Index (RSI) calculated with a standard deviation over several last bars used instead of price change. BITSTAMP:BTCUSD there is a job opening on Upwork looking for someone to code. Relative volume is designed to filter out the noise and highlight anomalies assisting traders in tracking institutional movements. For a better experience, please enable JavaScript in your browser before proceeding. Are you aware that this is the unofficial subreddit for TOS?They will not read this but I agree with you that it would be nice to have Yeah I've reached out to them on a few mediums, over the years, but I only get the standard - "we're sorry, but we're just gonna go ahead and not do anything.." They've needed RVOL since Stocks In Play become widely known about years ago. POLONIEX:ETHUSDT, Relative Volume indicator that pulls data from 9 different Bitcoin exchanges. BYBIT:BTCUSD Generally this is caused by news or some other catalyst in a stock. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets. BITTREX:BTCUSD For example, if it increases as prices rise, it may signify that the trend is gaining momentum and could continue. Short Float % - Don't need the exact number, just 00% or 00.00%. Open Settings Relative Volume can be used as a technical indicator to help identify potential breakout stocks. A stock with a high relative volume is more likely to be bought and sold than a stock with a low relative volume. This will then be displayed as a ratio so we can quickly see how active a stock is trading today in comparison to its average. The indicator can be used to identify stocks that are trading above or below their historical averages, which can be helpful in making trading or investment decisions. Bro, why would I want to go to Finviz when I already have a piece of software open and running on my desktop that has the potential to display the variables we require. Relative Volume Indicator for TD Ameritrade Thinkorswim - Update 2.6 Easycators 7.6K subscribers Subscribe 24K views 3 years ago Get it here! Hats off to you and your developers; seriously thank you! We get it. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. Another option is to buy what is claimed to be the only RVOL indicator on Thinkorswim from scriptstotrade which has a one-time fee of $97. Once you get it up and running it should look like this: Whatever one you use it is important that you don't make the mistake of comparing volumes at different times, for example you should keep it for the first hour at open on different days, and not first hour and last hour on different days. The metric volume reflects the number of shares traded of a specific stock. Think of it like an RSI but FAR superior! Clustering spikes. It is often used to help traders determine how in-play a ticker is. So what is relative volume? I'll go to IB. Some traders believe that a stock needs at least a 2.0 RVOL, or 100% increase in relative volume to be considered as a stock "in play" for that day. But what is volume, and why is it important? Setting Up Relative Volume Analysis Indicators in Thinkorswim - Thinkorswim Tutorial Easycators 7.61K subscribers Subscribe 22K views 4 years ago Equivolume Day Trading Here's the Relative. Once you're in the Charts tab, you'll want to choose the 'Studies' drop-down menu and select 'Edit Studies.' It is based off Dickover's RelativeVolumeStDev above and there are 3 slightly different variations of it. Similarly, RVOL is often used to determine what stocks are in play for day traders. An increase in volume often leads to a rise in price, while a decrease in volume can signal a potential reversal. Stock with a high relative volume is more likely to be bought and sold than a stock with a low relative volume. Better Volume Indicators for Thinkorswim By Pat / August 25, 2021 The default chart settings for Thinkorswim leave much to be desired when it comes to volume. Relative Volume label in percent. Increased volume can signify the start or end of a move. Click add alert button at top toolbar. Once you've found the 'Volume' category, you can then select the 'Relative Volume' study and hit 'Apply.' .. All indicators for thinkorswim are one time fee indicators.The indicators we offer and those that will soon be available are: Note: Thess Indicators are for entertainment purposes only and are not a recommendation to buy or sell a security, Copyright 2023 Scriptstotrade - Bolivia - Aniceto Padilla Street #228. BITFINEX:BTCUSD Formula is last close_price x volume / 1 cr or (close_price x volume /10000000). It uses a variety of moving averages to hide usual activity and features an LSMA line to show trend. Likewise, if a stock's RVOL measures 0.50, then it has half the RVOL of the prior 10-day average. So let's get started! In the world of penny stocks and momentum stocks, traders often look for high relative volume to determine whether a stock is in play or not. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Says "Invalid statement: AddLabel at 3:1". RVOL can be used to: Confirm a break-out Detect the start of a move early Detect the end of a move Relative Volume or RVOL is an indicator used to help determine the amount of volume change over a given period of time. Now includes tooltips to. Relative volume is one of the most important metrics to get an edge. TD Ameritrade does not make recommendations or determine the suitability of any security, strategy or course of action for you through your use of our trading tools. It's important because it can give you clues about the level of interest in a particular stock and whether that interest is increasing or waning. BITTREX:ETHUSD The Relative Volume/RVOL study on Thinkorswim plots the relative volume for each bar, which is simply today's volume divided by the 10-period Average True Range (ATR). I would just like the ability to roll it up to millions. Because of that, I've continually tweaked it, improved it, added new features, and made it more efficient.So I thought it was about time to do a new video walking through all the features and functions of the indicator so that traders can see all the powerful functionality that I've built into it, that allow endless possibilities for customization and exploration of potential trading edges.There is SO MUCH potential here from what I've seen, that I simply don't have the time in my own life to explore every type of volume signal that can be found and traded using this indicator. Please read theRisk Disclosure Statementprior to trading futures products. Orders placed by other means will have additional transaction costs. Whichever of these methods you chose the underlying theory will be the same in each one. Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. How can anyone put on a morning day trade without knowing the relative volume of the first hour compared to average volume of the last 20 first hours? It doesn't even need to be exact, just the most recent number (within 5 maybe 10 days) you can get for the lowest cost when they release. Your software has been absolutely amazing over the years, and I know that myself and many other traders may have never been able to get so far without software like yours making seeing the markets much easier. FTX:ETHUSD POLONIEX:BTCUSDT. Please note that this indicator only works with ETH and will not use data from your current chart. The average amount of shares it traded prior to this day was around 130k. Try that. It's it trading less than 5 figures no one will probably ever want to trade it anyways. Unlike many conventional support and resistance indicators, the Relative Volume StDev takes into account price-volume behavior in order to detect the supply and demand pools. You are using an out of date browser. Others may include the RVOL ratio in the order montage or another data window. I need something like what's posted in the attached image. Traditionally the RSI is considered overbought when above 70 and may be primed for a trend reversal or corrective pullback in price, and oversold or undervalued condition when below 30. The way you can't plot with "aspercent" or even with "+ "%"" without getting the dreaded "Expected Double" BS. Unlike many conventional support and resistance indicators, the Relative Volume StDev takes into account price-volume behavior in order to detect the supply and demand pools. Relative Volume can be a leading indicator for predicting future price movements. It's important to experiment with different settings in order to find what works best for you. Description The Relative Volume StDev is a support-resistance technical indicator developed by Melvin E. Dickover. General rule of thumb is the higher the RVOL, the more in play a stock is. I know you have short squeeze scanners, but I just want to know the SF% on stocks I might trade without having to look it up on finviz all the time or do some of the other crazy workarounds that other traders are doing online. hbspt.cta._relativeUrls=true;hbspt.cta.load(20705417, 'deabcb5c-21ff-4ddf-a755-f703047ac267', {"useNewLoader":"true","region":"na1"}); A good number for relative volume is often subjective to the trader and the strategy involved. It is often used to help traders determine how in-play a ticker is. Either way, it can be an indication that the stock is worth paying attention to. Using MACD as a reference, the strategy identifies when the MACD line crosses over (a factor in a buy signal) and under (a factor in a Sell Standard candle pattern identifier like many already available, however this one allows to filter with ATR or RVOL to help remove false signals. This epic tool is our newest indicator and aims to identify areas of price that are exhausted. Thank you Deus. While this is generally seen as a good thing - after all, it usually means that the stock price is going up - it can also be a sign that the stock is overvalued and due for a correction. 3. Let us use the example of Tesla that is shown below. This simply means that often volume will increase before a significant Traders and investors who visit us every month, Top website in the world when it comes to all things investing, From 1M+ reviews. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. Relative Volume (RVOL): How To Use It For Day Trading, How to Trade The Head and Shoulders Strategy, Relative Volume Indicator for TD Ameritrade Thinkorswim - Update 2.6. I found the similar one, Sizzle Index, but it seems to be applicable to the Options volume and not the Equity volume. With practice, you'll be able to use RVOL to your advantage and make better decisions when trading stocks. In either case, it may not be worth paying attention to the stock. The number of bars used in calculation of both the standard deviation and the simple moving average. And most importantly, stay calm and don't let emotions get the best of you. hbspt.cta._relativeUrls=true;hbspt.cta.load(20705417, 'e60fb8cd-dd93-4a53-a104-2181af862fbc', {"useNewLoader":"true","region":"na1"}); A breakout of a range presents an opportunity to get long or short. Relative Hi everyone You can calculate relative volume by dividing the stock's current volume by its average volume. No one can ever exhaust every resource provided on our site. This is another indicator that there are forum posts after forum posts and communities that have had to work together to figure out a workaround. You might be also interested inWhat is Custom Expression Subscription Limit Exceeded on Thinkorswim? DPLs are horizontal lines that run across the chart (feel free to use a Price Level drawing for that) at levels defined by following conditions: DPLs can be used as support and resistance levels. Or indeed, have they discovered the infinite money glitch and now need someone to code it? These pools are marked by Defended Price Lines (DPLs), also introduced by the author. Relative volume is calculated bydividing the security's current volume by its 10-day average. Technical Analysis of Stocks & Commodities, April 2014. __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"var(--tcb-skin-color-0)"},"f2bba":{"val":"rgba(0,32,240,0.5) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}},"trewq":{"val":"rgba(0,32,240,0.7) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}},"poiuy":{"val":"rgba(0,32,240,0.35) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}},"f83d7":{"val":"rgba(0,32,240,0.4) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}},"frty6":{"val":"rgba(0,32,240,0.2) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}},"flktr":{"val":"rgba(0,32,240,0.8) ","hsl_parent_dependency":{"h":232,"l":0.47,"s":1.98}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, {"email":"Email address invalid","url":"Website address invalid","required":"Required field missing"}, __CONFIG_colors_palette__{"active_palette":0,"config":{"colors":{"f3080":{"name":"Main Accent","parent":-1},"f2bba":{"name":"Main Light 10","parent":"f3080"},"trewq":{"name":"Main Light 30","parent":"f3080"},"poiuy":{"name":"Main Light 80","parent":"f3080"},"f83d7":{"name":"Main Light 80","parent":"f3080"},"frty6":{"name":"Main Light 45","parent":"f3080"},"flktr":{"name":"Main Light 80","parent":"f3080"}},"gradients":[]},"palettes":[{"name":"Default","value":{"colors":{"f3080":{"val":"rgba(23, 23, 22, 0.7)"},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"l":0.09,"s":0.02}}},"gradients":[]},"original":{"colors":{"f3080":{"val":"rgb(23, 23, 22)","hsl":{"h":60,"s":0.02,"l":0.09}},"f2bba":{"val":"rgba(23, 23, 22, 0.5)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.5}},"trewq":{"val":"rgba(23, 23, 22, 0.7)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.7}},"poiuy":{"val":"rgba(23, 23, 22, 0.35)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.35}},"f83d7":{"val":"rgba(23, 23, 22, 0.4)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.4}},"frty6":{"val":"rgba(23, 23, 22, 0.2)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.2}},"flktr":{"val":"rgba(23, 23, 22, 0.8)","hsl_parent_dependency":{"h":60,"s":0.02,"l":0.09,"a":0.8}}},"gradients":[]}}]}__CONFIG_colors_palette__, A Guide to Relative Volume/RVOL Indicator on Thinkorswim, a Relative Volume/RVOL indicator on Thinkorswim. It may not display this or other websites correctly. Any help solving these issues, that have been there for years, would be greatly appreciated. For example one user was able to modify the colors to get it the way they wanted it, apparently there was an issue with yellow text making certain information unreadable. We first introduced our ThinkOrSwim volume data Thinkscript back in March of 2019, and since then it has seen over 10,000 downloads from active traders. Our forum can be intimidating, if not overwhelming. I'd rather put a chart there instead. Relative volume is not just used by day traders, it can be helpful for any investor looking at their investments with different perspectives and metrics. Of course, it is also important to consider other factors, such as recent news events or EPS results, fund ownership, or other factors. In mathematical sense, the Relative Volume StDev is calculated as the ratio of the volume to its simple moving average (SMA), expressed in standard deviations. For example, a company that is publicly traded on the New York Stock Exchange is likely to have a higher volume than a company that is only traded on the RTSI (Russian Index). https://usethinkscript.com/threads/tor-watchlist-for-thinkorswim.1014/#post-8511, https://usethinkscript.com/threads/looking-for-relative-volume-for-a-watchlist-column.254/, Further modify relative volume indicator to segment the volume bars with horizontal lines that show the size of the trades in T&S, https://usethinkscript.com/threads/repainting-trend-reversal-for-thinkorswim.183/, https://usethinkscript.com/threads/buy-the-dip-indicator-for-thinkorswim.3553/, https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/. Attributable Volume is calculated as: Total volume excluding the "counter wick" volume.