OPEN-SOURCE SCRIPT

Daily Volume, RVol, RRVol, and RS/RW Labels

Actualizado
Heads-up display of essential Real Day Trading criteria

  • Daily Volume
  • Relative Strength/Weakness
  • ATR 14 and ATR 14 percent of price
  • Relative Volume (RVol)
  • Relative Volume to SPY RVol (RRVol)
Notas de prensa
Adjusted SPY timeframe comparison from M5 to instead match the current selected period.
Notas de prensa
  • New 'bar relative strength' indicators (experimental, let me know how they work)
  • Color coding for ATR and RS levels; can be customized
  • Improved layout and color
Notas de prensa
Disabled 'recent bar relative strength' visibility by default
Notas de prensa
Formatted "recent bar relative strength" into table tucked below main table. This seems to work best a stand-alone pane rather than an overlay.
Notas de prensa
(publishing new chart)
Notas de prensa
Added experimental "Relative ATR" which compares current ATR to the previous 600 bars. The theory is that this will identify tickers that are showing above-average movement as an additional indication of institutional buying.
Notas de prensa
  • ATR now matches selected timeframe (was tied to 5-min chart)
  • Increased ATR to 10 bars
Notas de prensa
- Label adjusts to show "RS" or "RW" based on value
- Recent bar strength values displayed newest to oldest, right-to-left
Notas de prensa
Added plot of the ticker's relative volume and the SPY's relative volume. This is very powerful as an increase in a stock's relative volume (to its history) shows institutional interest.
Notas de prensa
Added display of "daily average" volume
Notas de prensa
Fixed issue with daily average volume
Average True Range (ATR)relativevolumeVolume Indicator

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