[E5 Trading] Relative Volume — 由E5Trading 提供的指標

relativevolume

Relative Volume Overview

The E5 Trading Relative Volume indicator enhances volume analysis in several ways:
First, volume has been normalized to a percentage value, enabling standard thresholds for strong, average, and weak volume.
Second, each candle's volume is evaluated against its history to identify statistically significant bull and bear volume bars that may indicate whale (or institutional) buying and selling.

Relative Volume Thresholds
Volume has been normalized to a percentage value based on a user-defined period. Default (50).
This enables using standard thresholds across all assets to determine strong, average, and weak volume.
Price moves with strong relative volume are more meaningful to technical analysis than equivalent price moves with weak relative volume.
Use as confluence with price breakouts...trends can often be identified early when price breakouts are supported by strong relative volume.
Similarly, price breakouts supported by weak relative volume will likely reverse.

Volume Power Bars
Identify whale buying and selling with Volume Power Bars and follow the smart money!
Bull | Bear Volume Power Bars show statistically significant Bull and Bear Volume Bars that may indicate whale (or institutional) buying and selling. Default (On).
Trends often follow the direction of Volume Power Bars.