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This indicator averages the last 5 bars (determined by the input parameter ‘Average_Bars’ defaulted at 5 which can be adjusted). Muliplies
this average volume by the input parameter ‘Multiply_Volume’ (default 1.5), then compares this to the current volume bar.
If there is a significant increase in the current volume, the indicator is flagged.
This is to determine when the ‘big players’ buy/sell into the market, or if there’s significant activity behind a price increase/decrease.
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