Relative Volume Standard Deviation For ThinkOrSwim

[Tootall]

Author states:
This indicator, developed by Melvin E. Dickover, calculates the difference between the volume and its simple moving average, but expressed as a ratio in standard deviations.
The plotted bars become green when the volume is unusually large (configurable).

Hello All,
I need help converting from tradingview to TOS study. Below is the tradingview url and source code. Thanks and have a good weekend.
https://www.tradingview.com/script/Eize4T9L-Relative-Volume-Standard-Deviation/

 

[samer800]

Hello All,
I need help converting from tradingview to TOS study. Below is the tradingview url and source code. Thanks and have a good weekend.


https://www.tradingview.com/script/Eize4T9L-Relative-Volume-Standard-Deviation/

Code:

//@version=5
indicator("Relative Volume Standard Deviation","RelativeVolumeStDev")

// input parameters
length = input.int(50,"Length",minval=2,maxval=300,step=1)
numdev = input.float(2,"Number Of Deviations",minval=1,maxval=20,step=0.1)
showneg = input.bool(false,"Show Negative Values")

// calculations
average = ta.sma(volume,length)
stdev = ta.stdev(volume,length)
diff = volume - average
result = diff / stdev

// plot the result
plot(showneg ? result : result > 0 ? result : na,title="RelVolStDev",color=result>=numdev?color.green:color.red,style=plot.style_columns)

find the below

#//@dvnieuwe
#indicator("Relative Volume Standard Deviation","RelativeVolumeStDev")
# converted by Sam4Cok@Samer800    - 03/2024
Declare lower;

input length = 50; #,"Length",minval=2,maxval=300,step=1)
input Threshold = 2.0; #,"Number Of Deviations",minval=1,maxval=20,step=0.1)
input ShowNegativeValues = no; #(false,"Show Negative Values")

def na = Double.NaN;
#// calculations
def average = Average(volume,length);
def stdev = stdev(volume,length);
def diff = volume - average;
def result = diff / stdev;

#// plot the result
plot RelVolStDev = if ShowNegativeValues then result else
                   if result > 0 then result else na;
RelVolStDev.SetLineWeight(3);
RelVolStDev.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
RelVolStDev.AssignValueColor(if result>=Threshold then Color.GREEN else COlor.RED);

#-- END of CODE

 

[Tootall]

find the below

#//@dvnieuwe
#indicator("Relative Volume Standard Deviation","RelativeVolumeStDev")
# converted by Sam4Cok@Samer800    - 03/2024
Declare lower;

input length = 50; #,"Length",minval=2,maxval=300,step=1)
input Threshold = 2.0; #,"Number Of Deviations",minval=1,maxval=20,step=0.1)
input ShowNegativeValues = no; #(false,"Show Negative Values")

def na = Double.NaN;
#// calculations
def average = Average(volume,length);
def stdev = stdev(volume,length);
def diff = volume - average;
def result = diff / stdev;

#// plot the result
plot RelVolStDev = if ShowNegativeValues then result else
                   if result > 0 then result else na;
RelVolStDev.SetLineWeight(3);
RelVolStDev.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
RelVolStDev.AssignValueColor(if result>=Threshold then Color.GREEN else COlor.RED);

#-- END of CODE

@samer800 Thank you and stay blessed.....