This indicator tracks intelligently. Its logic spots above-average turnover and then tests against the price change. BrkVol highlights sessions with heavy and directional moves. This can help take out the noise and help confirm the trend.
Tesla is a classic example of this, with the stock rallying after showing heavy-volume gains on October 24- 25, December 16 and January 8.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
showMA = input(true, title = "Show Moving Avg")
volmalen = input(20, title = "Avg Length")
volmult = input(2, title = "Avg Multiplier")
the input key word is not being used correctly
Colon(:) expected here
I looked at the documentation and the input key word has to be used like this