Relative Volume Bars / Moving Average

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This indicator is highly experimental and settings are meant to be adapted to your time frame and asset of choice.

This indicator is a moving average that focuses on relative volume instead of all volume. It only factors in prices of candles that are meeting your relative volume input.

The multipliers can be used to smooth your average towards buy side or sell side or keep them the same.

I have also added in averages for buy side only and sell side only, these are highly experimental and turned off by default. Feel free to play with them.

This indicator is free to all Oasis Trading Group Members.

For Access or Questions Please Private Message Us, Thank you.