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Average Dollar Volume by Mashrab

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Standard Mode: By default, it shows a 20-period SMA of the Dollar Volume. This is great for swing trading to see if money flow is increasing over days.

Day Trading Mode: Go to the indicator settings (User Input) and check "Reset Average Daily".

The line will now represent the Cumulative Average for today only.

Example: If it's 10:00 AM, the line shows the average dollar volume per bar since the market opened at 9:30 AM. This helps you spot if the current 5-minute bar is truly igniting compared to the rest of the morning.

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