Accumulation/Distribution

Category: volume

Accumulation/Distribution (A/D) line that measures the cumulative flow of money into and out of a security based on price location within the period's range and volume.

Formula

MFM = ((Close - Low) - (High - Close)) / (High - Low); MFV = MFM * Volume; ADL_i = ADL_{i+1} + MFV_i

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