OPEN-SOURCE SCRIPT
RVol + Stage Label
A compact chart label that shows the current trend stage, Stage 2 trend score, relative volume, current volume, and average volume.
The stage logic is based on moving average trend structure, 52-week high/low positioning, and price location versus the 50-day, 150-day, and 200-day moving averages.
Useful for quickly screening momentum stocks and identifying names with strong trend structure and above-average volume.
The stage logic is based on moving average trend structure, 52-week high/low positioning, and price location versus the 50-day, 150-day, and 200-day moving averages.
Useful for quickly screening momentum stocks and identifying names with strong trend structure and above-average volume.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.