Relative Volume aka CSI (Cumulative Sheep Index) is calculated as follows:
Cumulative Volume = total volume so far at any point in the day
Average Cumulative Volume = the average cumulative volume so far at any point in the day for the past N days.
CSI = Average Cumulative Volume - Cumulative Volume so far.
I can't see (neither in the properties nor in the script) how to change the relative N days in order to calculate the Avarage Cumulative Volume. I can't even see how many days are used by default

I believe it simply uses whatever time frame you have set on your chat - 30 days seems appropriate (IMO). So, a 30 day 5 minute chart gives you the volume on the current day relative to the last 30 days...

Gianni78bari 

Relative Volume aka CSI (Cumulative Sheep Index) is calculated as follows: Cumulative Volume = total volume so far at any point in the day Average Cumulative Volume = the average cumulative volume so far at any point in the day for the past N days. CSI = Average Cumulative Volume - Cumulative Volume so far. I can't see (neither in the properties nor in the script) how to change the relative N days in order to calculate the Avarage Cumulative Volume. I can't even see how many days are used by default

Hi Gianni,

Is this indicator available for download in the elite members, I don't seem to find it for NT8.

Thank you,
Dumitru

crolic 

Hi Gianni, Is this indicator available for download in the elite members, I don't seem to find it for NT8. Thank you, Dumitru

Search for jtrelativevolume
this is the link https://nexusfi.com/local_links.php?linkid=1747

I found useful also this indicator by fatTails
https://nexusfi.com/local_links_sort.php?catid=27&filter=&sort=d&page=1&pp=10&keyid=743

Hope it helps