The Giga Kaleidoscope GKD-V Normalized Volume is a volatility/volume module included in Loxx's "Giga Kaleidoscope Modularized Trading System." █ GKD-V Normalized Volume The Normalized Volume is a technical analysis tool used to determine if the market is in a trending or choppy, sideways-trading phase. To do this, we find the average volume over a lookback...
This script will plot the result of Volume / Close. This is meant to normalize the volume of tickers with exponential growth, for example a ticker like $BTC that went from $1 to $50k. Having the volume divided by the close will normalize the volume for when the price was $1 and $50k.
Normalized XAUUSD Volume Volume points to the amount of a financial instrument that was traded over a specified period of time. It can refer to shares, contracts or lots. The data is tracked and provided by market exchanges. It is one of the oldest and most popular indicators and is usually plotted in colored columns, green for up volume and red for down volume,...