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stelaraX - Relative Volume

stelaraX – Relative Volume
stelaraX – Relative Volume is a volume-normalization indicator designed to show how strong the current bar’s activity is compared to its recent historical average. Instead of looking at raw volume, it measures relative participation, making it easier to detect unusual activity, breakouts with confirmation, and low-liquidity traps.
This tool is part of the stelaraX ecosystem, built for structured, rule-based decision making and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator compares current volume to a moving average of volume:
* avgVol = SMA(volume, len)
* rvol = current volume / avgVol
Interpretation:
* rvol = 1.0 → volume equals average
* rvol > 1.0 → above-average participation
* rvol < 1.0 → below-average participation
Threshold logic:
* High volume → rvol ≥ highMult
* Low volume → rvol ≤ lowMult
This creates a clean regime classification between expansion, contraction, and normal activity.
Color logic
The histogram is dynamically colored:
* High volume + bullish candle → strong green
* High volume + bearish candle → strong red
* Low volume → muted gray
* Normal volume → softer green/red depending on candle direction
This allows immediate visual recognition of whether participation supports or contradicts price movement.
Visualization
The script plots:
* RVOL histogram (column style)
* 1.0 reference line (average volume)
* upper threshold line (high volume)
* lower threshold line (low volume)
Alert:
* “Hohes RVOL” when relative volume exceeds the defined high threshold
Strategic use cases
1. Breakout confirmation
Trade breakouts only when rvol ≥ 1.5–2.0 to avoid weak fake moves.
2. Liquidity filter
Avoid entries when rvol ≤ 0.5 in intraday markets — low participation often leads to whipsaws.
3. Trend continuation
Strong trend legs often show repeated high RVOL bars in the direction of the move.
4. Reversal detection
A large opposing candle with extreme RVOL can signal absorption or distribution.
5. Confluence with your stelaraX tools
Combine with:
* Opening Range Breakout
* Liquidity Zones
* Supertrend VWAP Confluence
* Order Blocks
This creates a volume-validated structure model instead of trading pure price.
Best parameter practices
Intraday (M1–M15):
* len = 20
* highMult = 1.5–2.0
Swing / Higher TF:
* len = 20–50
* highMult = 1.3–1.8
Crypto markets may require slightly higher thresholds due to structural volatility in participation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only. It does not constitute financial advice. All trading decisions and risk management remain the responsibility of the user.
stelaraX – Relative Volume is a volume-normalization indicator designed to show how strong the current bar’s activity is compared to its recent historical average. Instead of looking at raw volume, it measures relative participation, making it easier to detect unusual activity, breakouts with confirmation, and low-liquidity traps.
This tool is part of the stelaraX ecosystem, built for structured, rule-based decision making and AI-supported chart evaluation.
stelarax.com
Core logic
The indicator compares current volume to a moving average of volume:
* avgVol = SMA(volume, len)
* rvol = current volume / avgVol
Interpretation:
* rvol = 1.0 → volume equals average
* rvol > 1.0 → above-average participation
* rvol < 1.0 → below-average participation
Threshold logic:
* High volume → rvol ≥ highMult
* Low volume → rvol ≤ lowMult
This creates a clean regime classification between expansion, contraction, and normal activity.
Color logic
The histogram is dynamically colored:
* High volume + bullish candle → strong green
* High volume + bearish candle → strong red
* Low volume → muted gray
* Normal volume → softer green/red depending on candle direction
This allows immediate visual recognition of whether participation supports or contradicts price movement.
Visualization
The script plots:
* RVOL histogram (column style)
* 1.0 reference line (average volume)
* upper threshold line (high volume)
* lower threshold line (low volume)
Alert:
* “Hohes RVOL” when relative volume exceeds the defined high threshold
Strategic use cases
1. Breakout confirmation
Trade breakouts only when rvol ≥ 1.5–2.0 to avoid weak fake moves.
2. Liquidity filter
Avoid entries when rvol ≤ 0.5 in intraday markets — low participation often leads to whipsaws.
3. Trend continuation
Strong trend legs often show repeated high RVOL bars in the direction of the move.
4. Reversal detection
A large opposing candle with extreme RVOL can signal absorption or distribution.
5. Confluence with your stelaraX tools
Combine with:
* Opening Range Breakout
* Liquidity Zones
* Supertrend VWAP Confluence
* Order Blocks
This creates a volume-validated structure model instead of trading pure price.
Best parameter practices
Intraday (M1–M15):
* len = 20
* highMult = 1.5–2.0
Swing / Higher TF:
* len = 20–50
* highMult = 1.3–1.8
Crypto markets may require slightly higher thresholds due to structural volatility in participation.
Disclaimer
This indicator is provided for educational and technical analysis purposes only. It does not constitute financial advice. All trading decisions and risk management remain the responsibility of the user.
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。