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Average Traded Money

As its name indicates, this indicator shows us the average amount of money traded in a specific asset.
It is calculated by multiplying the volume by the price (calculated on hl2) on each trading day and from there calculate a moving average of 25 periods.
The indicator only shows this 25 period moving average.

What is it for?
Well, it helps us to find out if there are variations in the amount of money traded and therefore identify areas of accumulation and distribution and thus be able to anticipate changes in trend and enter together with the large funds and thus obtain benefits.

It is something very simple to calculate but strangely no one had published it in TradingView yet. I think it is very useful and shows us information that is hidden in the volatility of a simple volume indicator. The simple volume indicator only shows us the number of shares traded but not the money that has been traded, that's why my indicator can be helpful. By averaging this data, we smooth the highs and lows of money traded and we get a cleaner graphic that gives us a better interpretation of what is happening with the negotiation of the asset.
Trend AnalysisVolume

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

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