
š Relative Volume Intraday (RVI)
Spot the volume surges that matterāwhen they matter.
RVI is a precision-crafted indicator that compares current volume to its historical average for the same time of day, revealing hidden momentum and liquidity shifts across intraday sessions.
š Key Features
⢠Time-of-Day Volume Profiling
Calculates average volume per time slot (e.g., 10:15 AM) across previous sessions, giving you a contextual benchmark for every candle.
⢠Multi-Timeframe Support
Works seamlessly from 5-minute charts up to 12-hour timeframes, adapting to your trading styleāscalping, swing, or session-based.
⢠Dynamic Color Coding
Highlights candles with above-average volume using customizable color thresholds. Instantly spot high activity zones with intuitive visual cues.
⢠Ratio vs. Difference Mode
Choose your preferred metric:
⢠Ratio Mode: Displays current volume Ć· average volume (e.g., 2.3Ć)
⢠Difference Mode: Shows absolute deviation (e.g., +1,200 contracts)
⢠Overlay or Panel Display
Toggle between inline chart overlays or a compact side panel for clean integration with your existing layout.
šÆ Use Cases
⢠Confirm breakout strength with volume spikes relative to typical activity
⢠Filter false signals during low-volume periods
⢠Identify institutional footprints during key intraday windows
⢠Enhance volume-based strategies with time-aware context
āļø Customization Options
⢠Adjustable lookback period for historical averaging
⢠User-defined color thresholds for volume intensity
⢠Toggle display mode (Ratio/Difference)
⢠Compatible with dark/light themes