fxcodebase-backup
Relative Volume Standard Deviation
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=75938
Forum: 17 · Topic 75938 · 1 post(s)
Relative Volume Standard Deviation
Steve_W · Thu May 15, 2025 3:01 am
I used Grok to port a Pine Script from this link https://www.tradingview.com/v/Eize4T9L/
The prompts along the way included these terms
- with a coding style used in this recent indicator https://fxcodebase.com/code/viewtopic.php?f=17&t=75868 - so it looks more like my own code style
- to use blue and grey bar colours with default bar width
A few trivial bugs and alterations along the way but maybe 15mins or work for the final version
The file header explains the indicator:
– “RelativeVolumeStDev.lua” – – – Developed from Pine Script source for Relative Volume Standard Deviation from here: https://www.tradingview.com/v/Eize4T9L/ – This indicator calculates the standard deviation of volume relative to its moving average – The volume deviation is normalized by the standard deviation and plotted as columns – Values above a threshold are colored blue; others are grey – Negative values can be optionally hidden – Displays as an oscillator in a separate panel below the price chart –
