INVITE-ONLY SCRIPT
niceVOL (relative volume)
Welcome to niceVOL - a quick display on if todays volume is above or below the average 30 day volume.
- When niceVOL is displayed in red and the number is below 100 we know todays volume is below average.
- When niceVOL is displayed in blue and the number is above 100 we know todays volume is above average.
The niceVOL indicator in the chart above is displaying a red color and a number below 100, this tells us todays volume is quite low and might be the reason why it isn't showing much movement.
Equation - ( todays volume / average 30 day volume ) * 100 = niceVOL
Below is snapshot of two assets, one with niceVOL above 100, in blue, and the other asset with niceVOL below 100, in red. This should give you a quick example of how easy it is to use.
Stay nice, this is not financial advice.
mrnicegvy
- When niceVOL is displayed in red and the number is below 100 we know todays volume is below average.
- When niceVOL is displayed in blue and the number is above 100 we know todays volume is above average.
The niceVOL indicator in the chart above is displaying a red color and a number below 100, this tells us todays volume is quite low and might be the reason why it isn't showing much movement.
Equation - ( todays volume / average 30 day volume ) * 100 = niceVOL
Below is snapshot of two assets, one with niceVOL above 100, in blue, and the other asset with niceVOL below 100, in red. This should give you a quick example of how easy it is to use.
Stay nice, this is not financial advice.
mrnicegvy
Invite-only script
Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact mrnicegvy for more information, or follow the author's instructions below.
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Author's instructions
″For Access - https://www.mrnicegvy.com/
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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.