medium · Volume Spread Analysis climaxes-tests-springs-upthrusts

How is 'Relative Volume' calculated for a single bar when using a simple reactive filter for immediate changes?

  1. Comparing current volume to the prior two bars
  2. Comparing the current volume to the same bar from the previous week
  3. Multiplying the price spread by the total shares traded
  4. Dividing the current volume by the 50-day moving average

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