OPEN-SOURCE SCRIPT
Relative Major Currency Volume (RMCV)
The point of this indicator is to determine which currencies as a whole, rather than pairs, are experiencing high volume.
It does this by drawing volume information from all 28 major pairs. It then takes two simple moving averages, one short-term and one long-term, and compares and normalizes the difference between these two (this difference is called relative volume). These relative volumes for each pair are then averaged together to find the relative volume for the entire currency. If relative volume is greater than 0, then the currency is experiencing higher volume than average as a whole. If relative volume is less than 0, the currency as a whole is experiencing low volume.
This can be used as a starting point to find specific pairs that are experiencing high volumes, or to determine which currencies are likely to undergo major changes in the near future.
It does this by drawing volume information from all 28 major pairs. It then takes two simple moving averages, one short-term and one long-term, and compares and normalizes the difference between these two (this difference is called relative volume). These relative volumes for each pair are then averaged together to find the relative volume for the entire currency. If relative volume is greater than 0, then the currency is experiencing higher volume than average as a whole. If relative volume is less than 0, the currency as a whole is experiencing low volume.
This can be used as a starting point to find specific pairs that are experiencing high volumes, or to determine which currencies are likely to undergo major changes in the near future.
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。