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Many are used to looking at numbers in lakhs and crores vs millions and billions, this provides a volume figure in rupee crores. Do these tools not fulfill the job poster's requirements? I don't want another window open on my computer. If we do, we can throw it in a ThinkScript. Unusual Volume Moving Average Scan For ThinkOrSwim According to the author, this happens if the indicator value exceeds 2.0, thus signifying that a possible DPL is present. Relative Volume Indicator NT8 - Chart Spots The critical indicator value exceeding which will indicate the spike. BITSTAMP:ETHUSD The more above, the better . This might be obvious/unhelpful, but because TOS doesn't have a relative volume indicator for some reason, I gauge relative volume by seeing on the VolumeAvg indicator if the bullish volume bar is above the volume average. The RVI measures the direction of volatility . In general, however, a good rule of thumb is to look for stocks within the range of 500,000 - 1 million shares traded per day. In contrast, if a stock has a low relative volume, it may be because there isn't much interest in the stock at the moment, or because the price isn't changing much. So, while high relative volume can be a sign of a healthy company, it's important to do your research before investing. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register. There are other choices. BYBIT:ETHUSD First, you'll want to select the 'Charts' tab at the top of your screen. In the one 4-star review the user wishes that you could see past RVOL. It is often used to help traders determine how in-play a ticker is. RVOL compares current volume levels with past levels to gauge the intensity of trading activity. Please note that this indicator only works with ETH and will not use data from your current chart. Sizzle Index is for options, Stock Sizzle is for stock. Generally this is caused by news or some other catalyst in a stock. Additionally, stocks with higher volume tend to be less volatile, making them ideal for investors who are looking for stability. Because it takes into account both the volume of trades and the price movement of the asset, RVOL can give you a good idea of whether there is currently high or low interest in a particular stock. The RVOL indicator is a valuable tool that can provide you with insight into the current market conditions. For details, see ourProfessional Rates & Fees. Nothing contained herein is intended as investment advice. With that said, I have searched high and low, for years, and I can't seem to find any of the following fields / indicators (to add to a watchlist in TOS) and am finally just going to reach out directly.