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stelaraX - Relative Volume

stelaraX – Relative Volume
stelaraX – Relative Volume is a volume-normalization indicator designed to show how strong the current bar’s activity is compared to its recent historical average. Instead of looking at raw volume, it measures relative participation, making it easier to detect unusual activity, breakouts with confirmation, and low-liquidity traps.
This tool is part of the stelaraX ecosystem, built for structured, rule-based decision making and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator compares current volume to a moving average of volume:
* avgVol = SMA(volume, len)
* rvol = current volume / avgVol
Interpretation:
* rvol = 1.0 → volume equals average
* rvol > 1.0 → above-average participation
* rvol < 1.0 → below-average participation
Threshold logic:
* High volume → rvol ≥ highMult
* Low volume → rvol ≤ lowMult
This creates a clean regime classification between expansion, contraction, and normal activity.
Color logic
The histogram is dynamically colored:
* High volume + bullish candle → strong green
* High volume + bearish candle → strong red
* Low volume → muted gray
* Normal volume → softer green/red depending on candle direction
This allows immediate visual recognition of whether participation supports or contradicts price movement.
Visualization
The script plots:
* RVOL histogram (column style)
* 1.0 reference line (average volume)
* upper threshold line (high volume)
* lower threshold line (low volume)
Alert:
* “Hohes RVOL” when relative volume exceeds the defined high threshold
Strategic use cases
1. Breakout confirmation
Trade breakouts only when rvol ≥ 1.5–2.0 to avoid weak fake moves.
2. Liquidity filter
Avoid entries when rvol ≤ 0.5 in intraday markets — low participation often leads to whipsaws.
3. Trend continuation
Strong trend legs often show repeated high RVOL bars in the direction of the move.
4. Reversal detection
A large opposing candle with extreme RVOL can signal absorption or distribution.
5. Confluence with your stelaraX tools
Combine with:
* Opening Range Breakout
* Liquidity Zones
* Supertrend VWAP Confluence
* Order Blocks
This creates a volume-validated structure model instead of trading pure price.
Best parameter practices
Intraday (M1–M15):
* len = 20
* highMult = 1.5–2.0
Swing / Higher TF:
* len = 20–50
* highMult = 1.3–1.8
Crypto markets may require slightly higher thresholds due to structural volatility in participation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only. It does not constitute financial advice. All trading decisions and risk management remain the responsibility of the user.
stelaraX – Relative Volume is a volume-normalization indicator designed to show how strong the current bar’s activity is compared to its recent historical average. Instead of looking at raw volume, it measures relative participation, making it easier to detect unusual activity, breakouts with confirmation, and low-liquidity traps.
This tool is part of the stelaraX ecosystem, built for structured, rule-based decision making and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator compares current volume to a moving average of volume:
* avgVol = SMA(volume, len)
* rvol = current volume / avgVol
Interpretation:
* rvol = 1.0 → volume equals average
* rvol > 1.0 → above-average participation
* rvol < 1.0 → below-average participation
Threshold logic:
* High volume → rvol ≥ highMult
* Low volume → rvol ≤ lowMult
This creates a clean regime classification between expansion, contraction, and normal activity.
Color logic
The histogram is dynamically colored:
* High volume + bullish candle → strong green
* High volume + bearish candle → strong red
* Low volume → muted gray
* Normal volume → softer green/red depending on candle direction
This allows immediate visual recognition of whether participation supports or contradicts price movement.
Visualization
The script plots:
* RVOL histogram (column style)
* 1.0 reference line (average volume)
* upper threshold line (high volume)
* lower threshold line (low volume)
Alert:
* “Hohes RVOL” when relative volume exceeds the defined high threshold
Strategic use cases
1. Breakout confirmation
Trade breakouts only when rvol ≥ 1.5–2.0 to avoid weak fake moves.
2. Liquidity filter
Avoid entries when rvol ≤ 0.5 in intraday markets — low participation often leads to whipsaws.
3. Trend continuation
Strong trend legs often show repeated high RVOL bars in the direction of the move.
4. Reversal detection
A large opposing candle with extreme RVOL can signal absorption or distribution.
5. Confluence with your stelaraX tools
Combine with:
* Opening Range Breakout
* Liquidity Zones
* Supertrend VWAP Confluence
* Order Blocks
This creates a volume-validated structure model instead of trading pure price.
Best parameter practices
Intraday (M1–M15):
* len = 20
* highMult = 1.5–2.0
Swing / Higher TF:
* len = 20–50
* highMult = 1.3–1.8
Crypto markets may require slightly higher thresholds due to structural volatility in participation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only. It does not constitute financial advice. All trading decisions and risk management remain the responsibility of the user.
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Skrypt chroniony
Ten skrypt został opublikowany jako zamknięty kod źródłowy. Można z tego korzystać swobodnie i bez żadnych ograniczeń — więcej informacji znajduje się tutaj.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.