Accumulation/Distribution Line (AD)

Category: volume

Calculates the Accumulation/Distribution Line (AD), a cumulative volume-based indicator that interprets the relationship between price and volume to measure buying/selling pressure.

Formula

MFM = [(Close - Low) - (High - Close)] / (High - Low) \\\\ MFV = MFM \times Volume \\\\ AD = \sum MFV

Inputs

• src_high (default: high)
• src_low (default: low)
• src_close (default: close)
• src_vol (default: volume)

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