What does Relative Volume at Time (Rel vol) show?

Compares the volume of the current bar with the volume of the same time in earlier periods.

How is Relative Volume at Time (Rel vol) built?

Volume of each bar is divided by the average volume at the same point of the earlier periods, such as the same hour of past days.

Above 1: more volume than usual for this time. Below 1: quieter than usual. Useful to spot unusual activity.

Volume, Rel vol

What it shows: Compares the volume of the current bar with the volume of the same time in earlier periods.
How it is built: Volume of each bar is divided by the average volume at the same point of the earlier periods, such as the same hour of past days.
How to use it: Above 1: more volume than usual for this time.
Below 1: quieter than usual.
Useful to spot unusual activity.