// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("Effective Volume to Comparison Index"); StandardizedRange = Param("Strd Rng", 40, 0, 1000, 1); EfVol = C*V/1000000; //Effective volume (in millions) of the stock being analyzed Comparison = "SPY"; //Symbol of an index that an individual stock is compared to; it is best if the index closely correlates to the stock that is being compared CompEfVol = Foreign(Comparison,"C")*Foreign(Comparison,"V")/1000000; Ratio = (EfVol/CompEfVol); StandardizedRatio = Ratio/MA(Ratio,StandardizedRange); Plot(StandardizedRatio," SR of relative EfVol", colorGold,ParamStyle("Style")); //Plot(EfVol,"Ef Vol (mils)", colorOrange,styleOwnScale); //Plot(CompEfVol,"Comparison Ef Vol (mils)",colorGreen,styleOwnScale); _SECTION_END();