Volume xSMA Mod

Simple Volume indicator. showing rounded ratio of Current volume and simple moving average as xSMA (read as times SMA).
Quick metric to understand the impact of volume in trends, etc.
Example:
if Vol = 50 and SMA = 5
xSMA = 50/5 = 10
Indicated as the Third Number in Volume label.

Release Notes

Few Updates

Release Notes

Minor tweaks to improve visibility and color-scheme

Changes to note-
1 - change ma_length to 13 instead of 14 (personal preference - can be changed)
2 - added background and foreground columns and stepline for volume ma (for better visibility)
3 - change default text size to large for labels and default color to white (for better visibility)

Thanks for support on version 1 of the script. I was delighted to know that some one is liking my stuff.
Please continue the support and check out my other scripts as well.
Thank you.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

ForgedOblivious

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

ForgedOblivious