$BNB The AVL indicator, short for Accumulated Volume Line or sometimes Average Volume Level, can refer to different volume-based indicators depending on the context or trading platform. But in most cases, AVL stands for "Accumulated Volume Line".
🔍 1. AVL = Accumulated Volume Line
The Accumulated Volume Line is a cumulative indicator that tracks the total volume over time, and it can help traders understand the momentum and pressure behind price movements.
✅ How It Works:
The AVL adds each period's volume to a running total.
It’s usually used with price action to confirm trends.
If price is rising but AVL is flat or falling, it may suggest weak buying interest.
📊 Formula:
AVL (today) = AVL (yesterday) + Volume