📖Bull | Bear Relative Volume [%]

Normalize volume to help you understand relative strength of a price move

Overview

• [B] Volume Normalization Length: Volume has been normalized to a percentage value based on a user-defined period [default: 50].

• Normalization enables using standard thresholds across all assets to determine relative strong, average, and weak volume.

• Use the color selector boxes to change Bull and Bear volume bar colors.

Menu: Relative Volume