Average Balance Volume ABV


Function Name: average_balance_volume

Tags: Moving Average

Category: Price, Volume


ABV is simply a modified moving average of on balance volume

The idea behind this indicator is that volume precedes price movement, so if a security is seeing an increasing ABV it is a signal that volume is increasing on upward price moves. Decreases mean that the security is seeing increasing volume on down days.





Default Value: 12  |  Minimum: 2  |  Maximum: 9999


Type: Numeric