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JagzFX Relative Volume RVOL Indicator

What is the RVOL Indicator?

It is well established that volume (including tick volume) is a valuable indicator of trader commitment to a price movement. The challenge with using volume for intraday trading is that there is a general cycle of increasing and decreasing volume associated with the different regional trading sessions.

The Relative Volume, or RVOL, indicator helps to overcome this by comparing the current volume with the average volume for that time of day, calculated over a period of days.

RVOL indicator settings

RVOL has only four settings, you should find the defaults are a good start for understanding the use of the indicator.

  • Plot History (Days) sets the number of days back that the indicator is plotted on the chart. (Note: when using this indicator with JagzFx OnePin reducing this value to 1 will minimise MT4  CPU usage.
  • Volume Averaging Period (Days) sets the number of days used to calculate the volume average. The default of 22 days is approximately one trading month.
  • High Volume Ratio sets the level at which the volume is considered to be higher than average. The default of 1.2 means that the volume must be 1.2x or 120% of the average to be considered higher than usual.
  • Low Volume Ratio sets the level at which the volume is considered to be lower than average

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nrp vertex g indicator is no repaint vertex indicator. it works all time frame and all pairs. working princible is wery easy and can use beginners. when histogram up side and there is a white star on it that is buy signal.. and reverse signal sell comes when histogram below zero and white star on it.that is sell signal. indicator hold long time to signal.and it is not neccesary to stay on computer. minimum bar number is 500 bars on chart to work of it. and the cnt nr is minimum 500 can be. but p
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Reza Aghajanpour
4.78 (54)
** All Symbols x All Timeframes scan just by pressing scanner button ** After 17 years of experience in the markets and 3 years of programming, Winner indicator is ready. I would like to share with you! *** Contact me after purchase to send you instructions and add you in "123 scanner group" for sharing or seeing experiences with other users. Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Inte
ICT, SMC, SMART MONEY CONCEPTS, SMART MONEY, Smart Money Concept, Support and Resistance, Trend Analysis, Price Action, Market Structure, Order Blocks, BOS/CHoCH,   Breaker Blocks ,  Momentum Shift,   Supply&Demand Zone/Order Blocks , Strong Imbalance, HH/LL/HL/LH,    Fair Value Gap, FVG,  Premium  &   Discount   Zones, Fibonacci Retracement, OTE, Buy Side Liquidity, Sell Side Liquidity, BSL/SSL Taken, Equal Highs & Lows, MTF Dashboard, Multiple Time Frame, BigBar, HTF OB, HTF Market Structure, 
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Volatility Channel from JagzFX helps you find breakouts by displaying a channel on the price chart. Volatility Channel is simple to use - there are no parameters - and works on any timeframe. BASIC USE of Volatility Channels The channel can be used as a 'No Trade Zone': you don't trade when the price is inside the channel. However: When the price breaks above the channel: go Long. When the price breaks below the channel: go Short. The indicator works on all timeframes to suit your trading style
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The JagzFX Gap Indicator acts as your vigilant companion, scanning the market with precision and alerting you to the presence of gaps as soon as a new candle is formed. Set your desired gap size, and the indicator will highlight both filled and unfilled gaps, on any symbol and on any timeframe.  By analysing the presence of unfilled gaps, you gain valuable insights into market behaviour, allowing for more informed trading decisions. Combine JagzFX Gap Indicator with JagzFX OnePin  to create a ma
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Transform indicators into trading signals JagzFX OnePin Basic allows a wide range of MT4 Custom Indicators to be transformed into multi-symbol trading signals without the need to write any code. You can use OnePin to create 'At A Glance' dashboards showing your preferred technical indicators and even send buy/sell signals to a PIN compatible dashboard just as JagzFX pinTrader. Whilst I have tried to limit the amount of technical jargon needed to use this PIN, there are a few terms that might nee
Discover the ultimate trading solution - Expert ONE! Say goodbye to needing a coder and hello to configurable trading strategies that can be customized in thousands of different ways. Expert ONE is the game-changer you've been waiting for, built on the reliable foundation of Jagzfx's proven software products like pinTrader, OnePIN, and MUX. With advanced features like risk management, position sizing, profit averaging, trailing stop, and weekly and intraday sessions, Expert ONE allows you to tai
Elevate your trading with the JagzFX Market Regime Filter—adapt, optimize, succeed in navigating through smooth or volatile price movements. Gain a deeper understanding of market dynamics to refine your strategy and make informed decisions. KEY FEATURES Price Action Analysis: Distinguishes between smooth and volatile price movements. Trend Identification: Pinpoints bullish or bearish trends with precision. Strength Assessment : Evaluates the strength of identified trends—whether strong or weak M
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