How the RVOL Relative Volume Indicator can Improve your Trading Strategies | Part 6

The RVOL Relative Volume indicator can completely revolutionize the way that volume data is interpreted within trading strategies. It compares the current volume of an asset at the current time to the previous volume at that time of day on previous days. This facilitates a comparison of volume to ascertain what trader commitment is to the associated price move. In turn, when interpreted correctly this can help to turn the probabilities more in your favor when making trading decisions.
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Darwinex is making the code for the RVOL Indicator available to Subscribers of the Darwinex KZread Channel: github.com/darwinex/advanced-...
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This is Episode 66 in the Darwinex 'Algo Trading for a Living' Playlist, and Episode 6 of the new 'Volume Data' mini-series.
Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the presenter) are for educational purposes only and are not to be construed as financial and/or investment advice.
Risk disclosure:
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Пікірлер: 27

  • @Darwinexchange
    @Darwinexchange3 жыл бұрын

    p.s. MQL5 Source code for the RVOL Indicator is available at: github.com/darwinex/advanced-mql-programming/blob/master/RVOL-Indicator/RVOL.mq5 Thank you everyone for your interest! Kind Regards, The Darwinex Team

  • @leonjbr
    @leonjbr3 жыл бұрын

    Very nice Martyn, waiting for the next videos.

  • @seanjohnson7145
    @seanjohnson71453 жыл бұрын

    Thanks Martyn!

  • @enriquec.6255
    @enriquec.62553 жыл бұрын

    great video thanks for share...one question..this indicator is available for MT4 ?

  • @chrisbenedict2245
    @chrisbenedict22453 жыл бұрын

    I am wondering about a 2 dimensional average. one for the last 22 days, the other for the last (x) todas day, as some days of the week are just heaver.

  • @matteonovelli5556
    @matteonovelli55563 жыл бұрын

    Great video as always! i have never seen this indicator and after a quick search i could not find it on the internet ( i am only finding volumes indicator with MAs slapped on them), are you planning on maybe sharing it after the series is over or is it something proprietary?

  • @TradeLikeAMachine

    @TradeLikeAMachine

    3 жыл бұрын

    Hi Matteo. See the description for details of where to find my version. Enjoy...

  • @matteonovelli5556

    @matteonovelli5556

    3 жыл бұрын

    @@TradeLikeAMachine thank you very much!

  • @ewcraigs
    @ewcraigs Жыл бұрын

    I would be interested in hearing your comments on the time segmented volume indicator. Thanks.

  • @xo121w

    @xo121w

    15 күн бұрын

    thanks

  • @9368313600
    @93683136003 жыл бұрын

    I m unable to find this indicator. With my broker. Can u pls help.

  • @wanga10000
    @wanga10000 Жыл бұрын

    In other blogs, RVOL is defined as the (current bar V)/(average V over n bars). In this video is(current bar V)/(average V on the same bar in day over n days). Both look resonable for me. Am I right about the calculation?

  • @user-zq5us2lg8v
    @user-zq5us2lg8v Жыл бұрын

    Hello, one of this indicator's parameter's setting is 1.25 and it can't be changed. Besides, could you add an alert to this?

  • @danielbriggs1356
    @danielbriggs13563 жыл бұрын

    Will you be including an episode on volume patterns at price levels (y-axis) as well as volume patterns at time periods (x-axis) that you have discussed so far?

  • @TradeLikeAMachine

    @TradeLikeAMachine

    3 жыл бұрын

    Hi Daniel. It's not something I have considered before. Could you provide a little more information and rationale so I am sure I understand please.

  • @abdullahrasheed6036
    @abdullahrasheed60365 ай бұрын

    Is the volume here being extracted from the futures markets?

  • @donbangert
    @donbangert3 жыл бұрын

    TLAM RVOL I assume stands for Trade Like A Machine Relative Volume. Is this indicator available from your website?

  • @albertocastellucchio3865
    @albertocastellucchio38653 жыл бұрын

    After the second video of the series i coded a simplified version of the RVOL for one of my EAs, but seeing the RVOL... that's really cool stuff. Any idea where to get it?

  • @RenePatrique

    @RenePatrique

    3 жыл бұрын

    Check the Pine Script here on the page for the logic of the RVOL - if you want to use it in MetaTrader you'd need to re-code it for that platform: zenandtheartoftrading.com/indicators/volume/

  • @TradeLikeAMachine

    @TradeLikeAMachine

    3 жыл бұрын

    I Alberto, I am making my code available. See the video description, or my comment

  • @albertocastellucchio3865

    @albertocastellucchio3865

    3 жыл бұрын

    @@TradeLikeAMachine might the back test begin! Thanks a lot guys!!

  • @Keke-xp1ee
    @Keke-xp1ee2 жыл бұрын

    What is the trading view corresponding indicator of this ?

  • @stefansollner4120

    @stefansollner4120

    2 жыл бұрын

    Would love to know as well - thank you very much

  • @livingthislife
    @livingthislife2 жыл бұрын

    Hi Darwinex Team or anyone that can help. Great video series👍🏾Does anyone have this rvol script/indicator for the think or swim platform? I'm not a programmer and would love to try this on my current trading strategies.....thanks for any help and subscribed👍🏾

  • @ctrodrums
    @ctrodrums3 жыл бұрын

    Can't find the indicator too

  • @EastCountyDreamHomes
    @EastCountyDreamHomes Жыл бұрын

    This "TLAM RVOL" indicator is nowhere to be found.. anyone have the code for this?? (thinkorswim)