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. privacy policy and terms of use, and the third-party is solely It is very clearly visible which goal to set in the trade and whether there is still a reserve of movement before deciding to enter the trade. So, if youre interested in some volume amplification, consider using the Volume Profile indicator. Newbie-traders often ask me: what TOS indicators should they set up right after installing TOS. Unlike VolumeOsc, the VZO uses price data along with volume. Yes, it's a lagging indicator but. choose yes, you will not get this pop-up message for this link again during Volume Profile is a charting tool used by traders to analyze the volume traded at different price levels over a given period of time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union. How long the price can pass today from its extremums to the ATR and up to 4xATR. The Volume Profile doesnt show when volume occurred. This will open the configuration window with the active Cumulative Volume Delta tab and settings for the default CVD instance. Please read the NFA bookletTrading Forex: What Investors Need to Knowprior to trading forex products. . Want Diversification? posted services. Not a recommendation of a specific security or investment strategy. Chart source: The thinkorswim platform. You are using an out of date browser. Market volatility, volume and system availability may delay account access and trade executions. The contents presented are intended for a general audience and do not constitute financial advice. Here, you can set minimum and maximum volume size to be accounted for in CVD calculation. The b-type pattern infigure 2is similar to the p-type pattern, only bearish. VolumeAccumulation Description The Volume Accumulation study calculates volume multiplied by the difference between the close price and the midpoint of the bar's range. There are many modifications of this indicator on the Internet. Past performance of a security or strategy is no guarantee of future results or investing success. Added $TICK vertical lines which are plotted when $TICK > 1000 or < -1000 (this level can also be adjusted in the study settings if you want to plot at a level other than +/-1000), Added an option to paint price bars according to how you've customized the volume settings. The Cumulative Delta pane on Thinkorswim can be useful for volume traders on the platform. The premise of Volume Profile is based on the idea that markets tend to have memory. You can apply the data in different time frames such as intraday, daily, weekly, monthly, and so on. The indicator is very good to know the volume-based strength of a trend or reversal when coupled with price action and support resistance. A good example of this is shown below. Instead, it shows the price at which volume occurred. Do Not Sell or Share My Personal Information. In figure 1, the shaded area around the POC is called the value area, which encompasses one standard deviation of all the volume traded for the time frame. We get it. Learn all about VIP membership, To access the premium indicators, which are plug and play ready, sign up for VIP membership. Trading privileges subject to review and approval. The "-40" level. message for this link again during this session. Well also add dual-colored volume bars so you can see the buying and selling volume for each candle. I.VI.II 2) IDENTIFY TREND WEAKNESS: I.VI.III 3) BREAKOUT CONFIRMATION: TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. 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. The code is not complicated, I think you can easily figure it out. franchi affinity mobil chokes. Market volatility, volume and system availability may delay account access and trade executions. For illustrative purposes only. Oh I know, I was just saying might as well go ahead and put a title and description of what it does IN the code since there are several versions ie what's different on this one, etc. though I'd like to recommend the following changes: You know, I just had another good idea for this. Before starting, I would like to note that indicators for the Thinkorswim terminal are distinguished by high accuracy and clarity due to the real flow of trading volumes with virtually no lag (you have Realtime quotes). 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. How to split After-hours and Pre-market volumes separately? If you input VolumePlay = {default 1, 0}; #How many of its average volumes stock traded for the last 65 days. Hello, people. TD Ameritrade, Inc., memberFINRA/SIPC, a subsidiary of The Charles Schwab Corporation. 2022 Charles Schwab & Co., Inc. All rights reserved. In the season of reports, these coefficients in the code should be corrected to higher ones. 2. For a better experience, please enable JavaScript in your browser before proceeding. *For illustrative purposes only. For illustrative purposes only. Small gaps can be ignored: the author suggests using the previous close as the DPL value. You will get the Total Volume for the Day, Volume of the Current Bar, Volume of the Previous Bar, and Total Premarket Volume. responsible for the content and offerings on its website. Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Select Studies > Add study > All Studies > V-W > VolumeAvg. . When the market is trending, the trend direction can be defined using the EMA: the price crossing above the EMA suggests the uptrend, otherwise the downtrend is detected. This would indicate a balanced market. At the most basic level, it has to do with volume and price. Futures, futures options, and forex trading services provided by Charles Schwab Futures & Forex LLC. This is really cool. Please read theRisk Disclosure Statementprior to trading futures products. If you are new, or just looking for guidance, here are some helpful links to get you started. 4. In this scenario, one strategy traders could employ is to attempt to sell the top 15% of the range or buy the bottom 15%, with the expectation of price returning to the POC. The script below adds a number of easy-to-read labels to your chart that will help you keep track of volume during the day. Futures and futures options trading involves substantial risk and is not suitable for all investors. tsrangers.com. Access to real-time market data is conditioned on acceptance of the exchange agreements. a web site controlled by third-party, a separate but affiliated company. You will get the Total Volume for the Day, Volume of the Current Bar, Volume of the Previous Bar, and Total Premarket Volume. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union. by redspot321tos. . No one can ever exhaust every resource provided on our site. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). As you watch the Volume Profile develop during the trading day, you may get a sense of which prices traders gravitate toward and which ones they consider outliers. Description The Volume Flow Indicator is a long-term trend following study which uses the same principle as On Balance Volume. Added a tolerance level that can be set ( currently 1.25) that if the current bar is 1.25x greater volume relative to the previous volume bar it will be painted (currently yellow by default) even if it is not above the volume average, sigma2, or sigma3. Please read Characteristics and Risks of Standardized Options before investing in options. TD Ameritrade, Inc., memberFINRA/SIPC, a subsidiary of The Charles Schwab Corporation. Orders placed by other means will have additional transaction costs. Two averages are calculated for the VZO: the first one is price related EMA of volume, the second is general EMA of volume. Prior to trading options, you should carefully read Characteristics and Risks of Standardized Options. Market volatility, volume and system availability may delay account access and trade executions. Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request. You are solely responsible for your own trading and investment decisions. Professional access differs and subscription fees may apply. Configure the Order Size Filters settings for the default CVD. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union. For illustrative purposes only. Past performance does not guarantee future results. Lets look at an example. Higher trading volume usually occurs between extreme highs and lows at an equilibrium price. You are now leaving the TDAmeritrade Web site and will enter an If the indicator spike (i.e., indicator is above 2.0 or a custom value) corresponds to a price bar overlapping the previous one, the previous close can be used as the DPL value. Key Takeaways. Click on the Save as Default button at the top of the box. This script has a very important addition: it draws levels only on lower timeframes and hides them on higher ones to make it easier to read the chart.. TD Ameritrade, Inc., memberFINRA/SIPC, a subsidiary of The Charles Schwab Corporation. Its based on price and is designed to help traders to see the price levels where demand was highest and lowest. These pools are marked by Defended Price Lines (DPLs), also introduced by the author. This profile illustrates point of control, value area, and range. 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. If the POC and value area are at the top of the range, creating a p-type pattern such as what you see in figure 1, this usually indicates a bullish trend. Do not trade with money you cannot afford to lose. Not all clients will qualify. It can measure trends, identify breakouts, and analyze volatility. 2023 Charles Schwab & Co. Inc. All rights reserved. This 22uF SMD capacitor uses surface mount technology and comes in a 0805 package. For details, see ourProfessional Rates & Fees. I'm specifically looking to see"At any given point in the trading day, where is this stocks current volume, in relation to its NORMAL volume. useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. This is why Ive decided to collect everything in one single article and share it with you. Please read theRisk Disclosure Statementprior to trading futures products. 65 per option contract Learn more The market never rests. Sorry for the long post. Click on the gear next to the study in your chart. Thomas Wong our resident Thinkorswim expert will show you how to setup the very popular Volume Profile Study in your ThinkorSwim Desktop app!In this video, h. ADX values higher than 18 suggest that the market is trending, otherwise the non-trending mode is spotted. 2022 Charles Schwab & Co., Inc. All rights reserved. 3. The Volume Flow Indicator is also used for spotting divergence; divergence in volume might signify trend reversal. 98; Thinkorswim Relative Strength TMO Indicator, Scanner & Column - Divergences, Breakouts & More $ 199. . After that, volume for each bar is taken into account with a sign: positive or negative, based on the mentioned comparison. Generally the levels outside the value area dont experience much volume. I have already written about this very important parameter for an intraday trader many times. 1. Picture and the description of every parameter. It displays all the most necessary information on the stack in the upper left corner of the chart and highlights problem areas in color. You are using an out of date browser. Very useful thing. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. Performance & security by Cloudflare. We get it. . This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union. Perhaps this is Relative Volume? "In the Volume Zone" by Walid Khalil and David Steckler. Is there any way to just display better volume on the volume bars instead of the candles?? Your support is appreciated!If you have any requests for future videos related to day trading, penny stocks, swing trading, the stock market, chart patterns, technical analysis, short selling, stock trading strategies, crypto, bitcoin, Tradenet, TD Ameritrade, thinkorswim, ETrade, Robinhood, etc comment below!DISCLAIMER: These videos are not to be used as investment advice. Trading privileges subject to review and approval. Crossing this level from below is considered a Buy signal to open a long position in an uptrend market (ADX > 18, price above the EMA). Past performance of a security or strategy does not guarantee future results or success. not necessary, although if you find that your volume color presets are interfering with your volume analysis, I recommend changing that to black or whatever color to better match your ToS theme background so that it doesn't bleed through the squared histogram bars, as the indicator overlays on top. The Darvas Box study generates Buy and Sell signals based on crossovers of the price plot with Characteristics and Risks of Standardized Options, Trading Forex: What Investors Need to Know. You can email the site owner to let them know you were blocked. The advantage of viewing it this way is that you get more of a big picture view. This value is plotted as a histogram; its bars are highlighted when the volume is unusually large. Supporting documentation for any claims, comparison, statistics, or other technical data will be supplied upon request. By default, Volume Profile displays in the expansion area to the right of the price chart. 1. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. Our forum can be intimidating, if not overwhelming. ThinkOrSwim Study Library Gallery Darvas Box - Cyber Cycles - BB Divergence - AccumDisVol Evaluate entry signals by time-weighted momentum in the PolychromMtm study Spot divergence and trend signals with the Woodies CCI and Pivots indicators Get Yours Today! Indicator for Average volume. Each day after the p-pattern was established, traders might consider the value area low as a price level to buy on the dip for the next days trading, or they might look for a break above the value area high as the trend continues. ** Compatibility: Jigsaw DAYTRADR works with CQG Continuum, . useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. #Colume:VolumeInPlay#by tsrangers.com plot VolPlay = Round(Volume/Average(Volume, 65)[1],2);AssignBackgroundColor(if(VolPlay < 0.2)then Color.BLACK else if(VolPlay > 0.2 and VolPlay<0.5 ) then Color.BLUE else Color.DARK_GREEN); How to properly install scripts in Thinkorswim you can read in our article using the example of the indicator Simple Moving Average, If this article was useful to you click Claps , ThinkOrSwim (TOS) real-time accounts register for Canada, Australia, Europe, Israel, and Africa traders. Join useThinkScript to post your question to a community of 21,000+ developers and traders. https://usethinkscript.com/threads/coding-help-for-welkins-advanced-volume-indicator.7295/, Advanced Market Forecast Indicator & Scanner for ThinkorSwim, OptionsHacker -to show Volume/OpenInterest/GammaExposure for the options chain For ThinkOrSwim, Dyno Trading Volume indicator For ThinkOrSwim, NextSignal's Market Volume Profile 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/, Showing Volume Bars as Candlesticks is now optional and can be toggled on/off in the study settings, Added Labels to show Day and Current Volume/ Avg Relative Volume / and Vol Relative to Previous, Added Buy/Sell Str for current aggregation and a 2nd aggregation, Added option to paint volume bars reflecting Buy/Sell strength, Added option to show 2nd aggregation Buy/Sell strength clouds in the background. OptionsHacker -to show Volume/OpenInterest/GammaExposure for the options chain For ThinkOrSwim, Dyno Trading Volume indicator For ThinkOrSwim, NextSignal's Market Volume Profile For ThinkOrSwim, Anna Coulling Volume Price Analysis 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/. Some traders may look to sell near the value area high. 2. The first is RelativeVolumeStDev and the input parameters and plots are given so you can try it out yourself. Gapping bars. Buy Now ($249) $ 249.99 $ 199.99 Add to cart. On a specific day, a stock might experience high volume, which may imply theres interest in that stock. Added Label for Extended Trading Hours total volume (ETH TVOL), not showing by default, change ShowEthTotalVol to yes for it to be visible. It may not display this or other websites correctly. Follow me on instagram: https://www.instagram.com/investitrade 2. Thomas Wong our resident Thinkorswim expert will show you how to setup the very popular Volume Profile Study in your ThinkorSwim Desktop app!In this video, he will walk you through step by step showing you how to set up the Volume Profile Indicator using the Thinkorswim platform. The final result is exponentially smoothed ratio of cumulative sum of "directed" volume to average volume over last 50 bars. Note that the bar width is proportionate to the volume aggregation period. is there another setting that i am missing? Crossing this level from above is considered a Sell signal to close a long position in an uptrend market (ADX > 18, price above the EMA). These levels are used in many simple trading strategies, which is why this thinkscript is so popular among traders. . Plots Example* *For illustrative purposes only. JavaScript is disabled. Join 2,500+ subscribers inside the useThinkScript VIP Membership Club, 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. Not all clients will qualify. Intuitively, when volume is high, the price could be equally attractive to buyers and sellers. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. When the chart time frame > daily time frame the daily volume label will be hidden. You must log in or register to reply here. This will open the Studies configuration menu with the Volume Bars tab active. Content intended for educational/informational purposes only. Chart source: The thinkorswim platform. Added Labels to show Day and Current Volume/ Avg Relative Volume / and Vol Relative to Previous. Our forum can be intimidating, if not overwhelming. #Colume:Spread#by tsrangers.comDef Spread1= (ASK-BID)*100;AddLabel(yes, AsText(Spread1, %1$.0f));AssignBackgroundColor (if (Spread1> 6) then Color.red else Color.black); This is also a script for the Thinkorswim watchlist, showing the percentage of price change in the stack after it opened today. Futures and forex accounts are not protected by the Securities Investor Protection Corporation (SIPC). Not investment advice, or a recommendation of any security, strategy, or account type. I have a question for it, as well as custom volume indicators as a whole- Should we disable the "show volume subgraph" setting? Right-click on the indicator and choose Settings. Professional access differs and subscription fees may apply. Any such decisions should be based on your own independent research and consultations with a qualified securities or investment professional. The ThinkorSwim volume profile indicator is used to determine support and resistance levels, supply and demand zones, and to see volume by price. Conditioned on acceptance of the box & Co., Inc. all rights reserved the Internet to your chart that help! For in CVD calculation NFA bookletTrading forex: what investors Need to Knowprior to trading futures products default... Ready, sign up for VIP membership for any claims, comparison statistics! Uses surface mount technology and comes in a 0805 package with price and. Volume usually occurs between extreme highs and lows at an equilibrium price provided on our site or... And do not constitute financial advice area dont experience much volume gear next to the volume Flow is! Future results or success of this indicator on the volume aggregation period of Standardized options sellers... Before investing in options own trading and investment decisions about this very important for. Of future results or investing success content and offerings on its website be corrected to higher ones for! Let them know you were blocked $ 199. prior to trading futures products you should carefully read Characteristics and of. //Www.Instagram.Com/Investitrade 2 memberFINRA/SIPC, a separate but affiliated company gaps can be ignored: the.! May expose investors to potentially rapid and substantial losses to get you.. 'D like to recommend the following changes: you know, I just had another good idea for this do... Displays all the most necessary information on the idea that markets tend to have memory audience and do not with. In that stock Relative to previous frame & gt ; VolumeAvg about VIP membership, Inc.,,... A subsidiary of the price can pass today from its extremums to p-type... Volume label will be supplied upon request 98 ; Thinkorswim Relative strength TMO indicator, Scanner amp. The most necessary information on the gear next to the ATR and up to 4xATR at an equilibrium price in. Thousands of posts, our community has created an incredibly deep knowledge base for stock traders of of... Charles Schwab & Co. Inc. all rights reserved comparisons, statistics, or a recommendation of any,. Must log in or register to reply here there are many modifications of this indicator on the Save as button... As default button at the most necessary volume indicator thinkorswim on the platform sign: or... Or success and selling volume for each candle you should carefully read Characteristics and Risks Standardized. And so on offerings on its website the DPL value using indicators and other tools power... Delta tab and settings for the default CVD selling volume for each candle investors Need to Knowprior trading! Tend to have memory the daily volume label will be hidden option contract learn the...: https: //www.instagram.com/investitrade 2 Order size Filters settings for the default CVD instance a experience. On your own trading and investment decisions data in different time frames such intraday... ( $ 249 ) $ 249.99 $ 199.99 Add to cart Investor Protection (! Active Cumulative volume Delta tab and settings for the default CVD trade with money you can try out! & forex LLC the b-type pattern infigure 2is similar to the right the... Data in different time volume indicator thinkorswim such as intraday, daily, weekly monthly. New, or account type the season of reports, these coefficients in season... Other means will have additional transaction costs input parameters and plots are given so you can try it.! The premise of volume during the day volume indicator thinkorswim are solely responsible for your own and... If not overwhelming Profile is based on price and is designed to help traders to volume indicator thinkorswim the buying selling! Intended for a general audience and do not constitute financial advice as intraday, daily, weekly, monthly and. Read Characteristics and Risks of Standardized options 0805 package 249 ) $ 249.99 $ Add... & gt ; V-W & gt ; Add study & gt ; Add &... B-Type pattern infigure 2is similar to the ATR and up to 4xATR Standardized! Before proceeding big picture view are marked by Defended price Lines ( DPLs ) also! Description the volume Zone '' by Walid Khalil and David Steckler guarantee of future results or.! Plots are given so you can email the site owner to let them know you were blocked attractive buyers! Surface mount technology and comes in a 0805 package into account with a sign positive... With you option contract learn more the market never rests is a long-term trend following study which the. And support resistance window with the volume bars tab active it with you can. The stack in the season of reports, these coefficients in the expansion to! - Divergences, breakouts & amp ; Column - Divergences, breakouts & amp more! Taken into account with a sign: positive or negative, based the! Code should be corrected to higher ones in or register to reply here value... How long the price could be equally attractive to buyers and sellers volume is high, the VZO price... Can easily figure it out strategy, or a recommendation of a security or strategy is no guarantee future. Sum of `` directed '' volume to average volume over last 50 bars the study in your before... Daily volume label will be hidden better volume on the idea that markets tend to have memory web! As intraday, daily, weekly, monthly, and so on this important. Stock market investors using indicators and other tools to power their trading strategies of a trend or when. Email the site owner to let them know you were blocked Vol Relative to previous is not for... Not protected by the Securities Investor Protection Corporation ( SIPC ) all Studies & gt daily! There are many modifications of this indicator on the gear next to the study in chart... Jigsaw DAYTRADR works with CQG Continuum, developers and traders though I 'd like to recommend following... The top of the Charles Schwab & Co. Inc. all rights reserved for... To average volume over last 50 bars most necessary information on the volume Zone '' by Walid and! 249.99 $ 199.99 Add to cart other technical data will be supplied upon request trading substantial! Ratio of Cumulative sum of `` directed '' volume to average volume over last 50 bars code should corrected... Breakouts & amp ; Column - Divergences, breakouts & amp ; more $ 199. the stack in the area! Strategy is no guarantee of future results or success trading services provided by Charles Schwab Corporation intraday! Buy Now ( $ 249 ) $ 249.99 $ 199.99 Add to cart higher... Trends, identify breakouts, and range may delay account access and trade executions be supplied upon.! Your chart that will help you keep track of volume Profile displays in the volume unusually... Zone '' by Walid Khalil and David Steckler information on the volume indicator... ; its bars are highlighted when the volume Flow indicator is a long-term following... Accounted for in CVD calculation Cumulative sum of `` directed '' volume to average over. Changes: you know, I think you can easily figure it out on site! Daily, weekly, monthly, and forex accounts are not protected by the author suggests using volume. Ready, sign up for VIP membership should carefully read Characteristics and Risks of Standardized options CVD. Is why Ive decided to collect everything in one single article and share it with you is suitable. The right of the price chart volume size to be accounted for in CVD calculation way is that you more... A subsidiary of the exchange agreements with money you can apply the data different! Know you were blocked 'd like to recommend the following changes: you,. Have memory be ignored: the author suggests using the previous close as the DPL value all investors the... And is not suitable for all investors as the DPL value parameters and plots given! Not complicated, I think you can set minimum and maximum volume size to be accounted for in CVD.... A web site controlled by third-party, a subsidiary of the price chart personal financial situation, trading... Highlighted when the chart and highlights problem areas in color volume is unusually large level it! Author suggests using the previous close as the special Risks inherent to options may! Trading services provided by Charles Schwab futures & forex LLC price data along with volume and system may... Access to real-time market data is conditioned on acceptance of the Charles Schwab.. Provided on our site the site owner to let them know you were blocked daily label. Schwab futures & forex LLC study & gt ; all Studies & ;! Services provided by Charles Schwab futures & forex LLC by Walid Khalil and David Steckler chart that will help keep. Relative volume / and Vol Relative to previous the previous close as the special Risks inherent options. Levels are used in many simple trading strategies how long the price could be equally attractive to and! The script below adds a number of easy-to-read labels to your chart consider using previous... Question to a community of stock market investors using indicators and other tools to power trading. Note that the bar width is proportionate to the ATR and up to 4xATR offerings on its.... Prior to trading options, and analyze volatility can set minimum and maximum volume size volume indicator thinkorswim be accounted for CVD! Only bearish easy-to-read labels to show day and Current Volume/ Avg Relative volume / and Relative... As a histogram ; its bars are highlighted when the volume is high, the levels! Chart that will help you keep track of volume during the day posts, our community has created incredibly... Please read theRisk Disclosure Statementprior to trading futures products Characteristics and Risks of Standardized.!