OPEN-SOURCE SCRIPT
Realtime rVOL w/ Candle Highlight [Blk0ut]

About This Script
Realtime rVOL Table + Candle Highlight (Presets, No Smoothing)
By Blk0ut
This tool visualizes real-time relative volume (rVOL) directly on your chart and in a compact table, helping traders identify where intraday participation deviates from the session’s baseline.
Unlike standard volume overlays, this script recalculates rVOL dynamically through the session and highlights candles when participation exceeds configurable thresholds — providing a clear picture of ignition zones, volume surges, and potential breakout conditions.
Core Features
-Realtime rVOL tracking: Displays the current bar’s relative volume ratio compared to a moving baseline of recent bars.
-Preset Profiles: Choose from four purpose-built profiles to quickly adjust the rVOL sensitivity to your trading horizon.
----------------------------------------------------------------------
*Opening Rush: 100-bar lookback, threshold 2.5*
*RTH 5m: 30-bar lookback, threshold 1.2*
*RTH 1hr: 50-bar lookback, threshold 1.5*
*RTH 1d+: 100-bar lookback, threshold 1.5*
----------------------------------------------------------------------
RTH-only filter: Option to limit the moving average baseline to regular market hours (09:30–16:00).
Candle highlighting: Optionally outlines candles when rVOL exceeds the active threshold to emphasize spikes visually in real time.
Table display: Compact dashboard showing current rVOL, raw volume, average baseline, and preset parameters.
How To Use
Select a preset that matches your timeframe or trading style.
Scalpers and open traders can use RTH 5m or Opening Rush.
Position or swing traders may prefer RTH 1hr or RTH 1d+.
Watch for rVOL readings above the threshold (and colored candle outlines). These often correspond to momentum ignition, news impact, or institutional activity.
Combine with VWAP, ORB, or intraday key levels for best confirmation.
Notes
The table automatically adapts to your chart corner choice.
Highlight thresholds can follow the preset or be set manually.
Color intensity tiers (High/Medium/Low) can be tuned in settings.
Designed for intraday and session-based traders who rely on live volume context rather than end-of-day stats.
Realtime rVOL Table + Candle Highlight (Presets, No Smoothing)
By Blk0ut
This tool visualizes real-time relative volume (rVOL) directly on your chart and in a compact table, helping traders identify where intraday participation deviates from the session’s baseline.
Unlike standard volume overlays, this script recalculates rVOL dynamically through the session and highlights candles when participation exceeds configurable thresholds — providing a clear picture of ignition zones, volume surges, and potential breakout conditions.
Core Features
-Realtime rVOL tracking: Displays the current bar’s relative volume ratio compared to a moving baseline of recent bars.
-Preset Profiles: Choose from four purpose-built profiles to quickly adjust the rVOL sensitivity to your trading horizon.
----------------------------------------------------------------------
*Opening Rush: 100-bar lookback, threshold 2.5*
*RTH 5m: 30-bar lookback, threshold 1.2*
*RTH 1hr: 50-bar lookback, threshold 1.5*
*RTH 1d+: 100-bar lookback, threshold 1.5*
----------------------------------------------------------------------
RTH-only filter: Option to limit the moving average baseline to regular market hours (09:30–16:00).
Candle highlighting: Optionally outlines candles when rVOL exceeds the active threshold to emphasize spikes visually in real time.
Table display: Compact dashboard showing current rVOL, raw volume, average baseline, and preset parameters.
How To Use
Select a preset that matches your timeframe or trading style.
Scalpers and open traders can use RTH 5m or Opening Rush.
Position or swing traders may prefer RTH 1hr or RTH 1d+.
Watch for rVOL readings above the threshold (and colored candle outlines). These often correspond to momentum ignition, news impact, or institutional activity.
Combine with VWAP, ORB, or intraday key levels for best confirmation.
Notes
The table automatically adapts to your chart corner choice.
Highlight thresholds can follow the preset or be set manually.
Color intensity tiers (High/Medium/Low) can be tuned in settings.
Designed for intraday and session-based traders who rely on live volume context rather than end-of-day stats.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.