Description
# GRB Volume
GRB Volume is a multi-mode tick participation and relative volume visualization indicator designed to help traders analyze activity, participation and directional pressure directly from price bars.
Instead of showing only raw tick volume, GRB Volume transforms volume into multiple analytical views including participation, delta and RVOL-based visualization.
Designed for traders who want cleaner execution context and activity analysis.
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FEATURES
β Buy / Sell Participation Mode
Estimate aggressive participation using candle movement.
Displays:
β’ Buy Aggression
β’ Sell Aggression
Helps visualize where participation is concentrated inside each bar.
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β Delta Mode
Transforms participation into directional imbalance.
Displays:
β’ Positive Delta
β’ Negative Delta
Color controlled:
β’ Bull Delta Color
β’ Bear Delta Color
Useful for spotting aggressive directional activity.
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β Volume + Delta Mode
Displays:
Volume Size
+
Delta Direction
Interpret:
Large volume
+
Bullish delta
or
Large volume
+
Bearish delta
to evaluate participation quality.
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β Pure Volume Mode
Shows:
Raw Tick Participation
without directional bias.
Useful for:
β’ Activity comparison
β’ Participation analysis
β’ Session participation
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β Volume + RVOL Mode
Built-in Relative Volume engine.
Automatically compares current participation against recent activity.
Classification:
Low RVOL
< 0.8Γ
Normal RVOL
0.8Γβ1.2Γ
High RVOL
> 1.2Γ
Separate colors for:
β’ Low RVOL
β’ Normal RVOL
β’ High RVOL
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CALCULATION MODES
β’ BuySell
β’ Delta
β’ VolumeDelta
β’ Volume
β’ VolumeRVOL
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CUSTOMIZATION
Colors:
β’ Buy Color
β’ Sell Color
β’ Delta Bull Color
β’ Delta Bear Color
β’ Volume Color
β’ Low RVOL Color
β’ Normal RVOL Color
β’ High RVOL Color
Settings:
β’ RVOL Length
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BEST USED FOR
β’ Intraday Trading
β’ Session Analysis
β’ Liquidity Analysis
β’ Participation Analysis
β’ Auction Context
β’ Momentum Context
Works on:
Forex
Indices
Metals
Crypto
Stocks
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IMPORTANT NOTES
β’ Uses broker tick volume.
β’ Does not use exchange order flow.
β’ Delta values are estimation-based.
β’ Should be used as context, not standalone signals.
Built for traders who want to understand participation and activity instead of relying on raw volume alone.
