rvol

  1. G

    Further modify relative volume indicator to segment the volume bars with horizontal lines that show the size of the trades in T&S

    I already modified the built-in relative volume indicator to be color-coded in a way that reflects buy vs sell relative volume intuitively: # TD Ameritrade IP Company, Inc. (c) 2014-2021 # declare lower; declare zerobase; input length = 60; input numDev = 2.0; input allowNegativeValues = yes...
  2. YungTraderFromMontana

    YungTrader's Relative Volume

    I haven't contributed anything to the community in the while and some of you guys gave me so much, so I'm deciding to share my relative volume study. As of now it will only work on a 1hr chart, although if any of you are willing you could make adaptations for other chart settings. What sets my...
  3. S

    Relative Volume Strategy and Momentum Scanner for ThinkorSwim

    I would like to share something interesting I found when trying to find high momentum stocks. Please see the other thread I posted under Indicators labeled "Color coded watchlist columns." The RV1 value is very important in finding the strong stock of the day. When I ran my gap scanner around...
  4. A

    ThinkorSwim Volume Spike Alert and Scanner

    I am trying to set up a thinkscript study alert for high (8x higher than average) intraday volume. I'm trying to do this on the 1 min time frame. The goal is to catch the beginning of large moves like with what happened with $DIS today or with $TWLO and $BA earlier this week. What I've done so...
  5. A

    RVOL (Relative Volume) Scan Label Watchlist for ThinkorSwim

    Hey guys. I've been scouring the internet for an RVOL (Relative Volume) indicator for Thinkorswim but can't find a free one. Really need RVOL to be able to execute my trading plan. I need something like what's posted in the attached image. If you do find one, I would need assistance installing...
  6. BenTen

    Unusual Volume For ThinkOrSwim

    Here is a scanner that will help you screen for stocks with unusual volume in ThinkorSwim. When a stock suddenly increased or decreased in trading volume, that means it's being traded at an unexpectedly high level and a lot of traders often take advantage of this. Create a new indicator in...
  7. A

    Relative Volume Indicator For ThinkorSwim

    Hello, Just wondering if anyone knows if TOS has a Relative Volume Indicator...? I found the similar one, Sizzle Index, but it seems to be applicable to the Options volume and not the Equity volume. ..

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. 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.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading 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. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top