Accumulation/Distribution (A/D)

Category: volume

Measures cumulative money flow by calculating the proximity of the closing price to its high or low within a specific period, weighted by volume.

Formula

CLV = \frac{(Close - Low) - (High - Close)}{High - Low} \\ AD_{i} = AD_{i+1} + (CLV \times Volume) \text{ where } i+1 \text{ is the previous bar}

See signal primitives and every published strategy that uses Accumulation/Distribution (A/D) on WOBR StrategyVerse.