[Till] Relative Volume Table

[Till] Relative Volume Table
A clean, on-chart table that shows Today’s Volume, Average Daily Volume, and Relative Volume (RVol) at a glance.

This indicator is designed for quick decision-making: you can instantly see whether today’s trading activity is above or below “normal” for the symbol.

What it shows

• Vol — Today’s daily volume (regular session)
  
• Avg — Average daily volume over your selected lookback
  
• RVol — Relative Volume as a percentage: (Today Vol ÷ Avg Vol) × 100
  

How RVol is calculated

• The script requests 1D volume using the symbol’s regular session.
  
• Average volume is calculated with an SMA using previous daily bars (volume[1]) over your chosen length.
  
• RVol is then shown as a % and rounded for readability.
  

Color logic (RVol)
The RVol row uses a simple “high / normal / low” highlight:

• ≥ 130% → Green (high activity)
  
• ≥ 100% and < 130% → Orange (around/above average)
  
• < 100% → Red (below average)
  

Examples of Low & High Relative Volume




Display modes

• Full Table (default): a 2-column, 3-row table with separate rows for Vol / Avg / RVol
  
• Compact (Phone): a single-row layout that fits better on mobile and smaller screens
  

Inputs

Volume Settings

• Avg Length — Lookback period used to compute average daily volume (default: 21)
  

Table Display

• Text Size — Tiny → Huge
  
• Vert / Horiz — Move the table to any corner/edge area (top/middle/bottom + left/center/right)
  
• Compact (Phone) — Switches to the 1-row compact layout
  
• BG Opacity % — Adjusts table background transparency
  
• Border — Border thickness (1–3)
  

Notes & Tips

• RVol is easiest to interpret on intraday charts when you want to see whether today is “unusually active” compared to recent daily history.
  
• Because the average uses volume[1], it avoids mixing in the current day’s still-forming daily bar in the average calculation.
  
• Values are formatted for readability (e.g., 12500 → 12.5k, 2300000 → 2.3M).
  

-Till
aka Tillbob

Disclaimer
This script is for informational purposes only and does not constitute financial advice. Always confirm signals with additional context (trend, levels, news, and risk management).