Hi everybody, I am trying to create a relative volume indicator which would plot a volume bar relative to it's moving average by timeframe.
If this is done across all timeframes, then the code would be very simple.. for example : RelativeVol = V - MA(V,20) However what I am looking for is to be able to compare the current volume with the MA of the equivalent bar of the same time, so for example the Volume of the 9:30 bar is compared to the moving average of the 9:30 bars of the previous 20 days. Is there a straightforward method of coding this? thanks! etoke
