Average Bar Size versus Average Volume
Average Bar Size versus Average Volume (ABSAV) is a simple and easy to read trending indicator. It uses bar size and volume to calculate the ABSAV that shows trend and strength of trend to give the trader an excellent idea of when to get into and out of trades. ABSAV is a supplemental indicator and should be used with other indicators, money management, and risk management to make a good trading strategy. ABSAV should complement most if not all traders and give them an edge in the market. If you have any questions or comments feel free to leave them in the comments section.
Good luck and happy trading,