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RichRoad Turnover Display
Rich Road Turnover Display
The Rich Road Turnover Display helps you quickly gauge the average turnover of a stock in monetary terms over a chosen lookback period. You can set the number of days as input, and the indicator will display the average turnover during that period. This can be a useful way to get a sense of liquidity and volatility.
How to interpret the data (with a lookback period of 20 days):
Important Notes:
The Rich Road Turnover Display helps you quickly gauge the average turnover of a stock in monetary terms over a chosen lookback period. You can set the number of days as input, and the indicator will display the average turnover during that period. This can be a useful way to get a sense of liquidity and volatility.
How to interpret the data (with a lookback period of 20 days):
- If the average turnover is less than 10 crores, the script is fairly illiquid.
- If the average turnover is between 15 to 25 crores, the script is decently liquid.
- If the average turnover is above 25 crores, it is considered fairly liquid for most account sizes.
Important Notes:
- Please do not use a lookback period of less than 20 days. The data for shorter periods may contain discrepancies and will not provide meaningful results.
- Currently, this version supports only INR. Please do not use it for non-Indian markets. Future updates will include support for other currencies such as EUR and USD.
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免責事項
これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。