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Relative Volume

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Syntax

public RelVol(Bars bars, int period, string description)
public static RelVol Series(Bars bars, int period)

Parameter Description

barsA symbol's Bars object
periodLookback period

Description

Created by Melvin Dickover (see article in April 2014 issue of Stocks and Commodities Magazine), Relative Volume is an auxiliary indicator that finds spikes of volume above a predefined number of standard deviations of the average volume of the lookback period.

Example

Please refer to TASC April 2014 issue, "Evidence-Based Support & Resistance (Dickover)".

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