Smb capital rvol 5, above the breakout level. We use relative volume to gauge how In Play a stock is. I look for heightened RVOL, at a minimum of 1. RVOL, or Relative Volume, is a technical indicator that measures the average volume of a security over a specific period of time, usually 10 days. RVOL is calculated by dividing the security's current volume by its 10-day average Please add RVOL as a standard indicator, as defined by SMB Capital and popularized by Dan Zanger. When I am considering trading a stock I glance at relative volume, RV on my Level 2 as the screen grab shares below. RVOL is a comparison of the average daily volume done by that time of day. Volume on the breakout is the volume measured after the breakout. We use relative volume to gauge how In Play a stock is. For Day trading, they use a proprietary scanner to determine what stocks to trade on a given day. Both are important indicators for intraday and swing trades. If RVOL is less than 1 it is not In Play on this trading day and I may decide not to trade it. RVOL compares the current volume to normal volume for the same time of day, and displays it as a ratio. (Relative Volume = Current Volume / 3-month Average Volume) I'm having trouble with this study as I'm not getting the correct number, possibly I'm getting a % vs dollar value or vise versa. Finviz calculates the Relative Volume as follows: Ratio between current volume and 3-month average value, intraday adjusted. Veteran trader Mike Bellafiore of SMB Capital shares a question-and-answer between him and a trader explaining the definition and use of relative volume (RVOL), which could also benefit other traders with questions on the subject. We have all seen the very simple def rVol = volume / Average (volume, 10) but this is useless intraday for the most part. Our clients have been using our RVOL indicator for a year with great success! I was reviewing an online daytrading seminar by SMB capital this week. The RVOL i need and ive seen many others trying to get also is a INTRADAY RVOL based on the average daily volume. Mike Bellafiore (Co-Founded of SMB capital) discusses some insightful information on the RVOL Indicator. . SMB is a professional Prop Firm that sponsors professional traders, plus they hold training courses. Elevated RVOL – First, what is RVOL? It’s an indicator that tells traders how the current trading volume in a stock matches up to previous trading volume over a given period. nbh yub tjvj ecdw tbvjof bba bdk bpx dwcaeit mrth