HPotter

Williams Accumulation/Distribution (Williams AD)

Accumulation is a term used to describe a market controlled by buyers;
whereas distribution is defined by a market controlled by sellers.
Williams recommends trading this indicator based on divergences:

Distribution of the security is indicated when the security is making
a new high and the A/D indicator is failing to make a new high. Sell.

Accumulation of the security is indicated when the security is making
a new low and the A/D indicator is failing to make a new low. Buy.
Open-source script

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.

Want to use this script on a chart?
Donate BTC: 1MfdyXrs6UW8ZV5pzuB3cGHMKcYs9fy2cx

Commenti

hi
is your formula for this indicator based on larry william original formula ?
Rispondi
Hello, thanks for the formula, that does xPrice mean in this code?
Rispondi
Thanks for all the great indicators. Been looking everywhere for a effective volume indicator. The formula is a slight deviation from this formula. Any chance you could modify this formula to create the indicator? Also most effective if your able to seperate the large volume from the small volume by averaging out the volume. Wish i new script so i could do it myself but im hopless at it ahaha
Rispondi
HPotter alextymczuk
@alextymczuk, How it should work?
Rispondi
@HPotter, so this is the formula

((Closei−1 −Closei)+PI / (Highi −Lowi )+PI ) ×Volumei

where Closei−1=Closing price corresponding to time interval (i−1):
TIi−1Close i=Closing price corresponding to time interval i:
TI i Highi=Max (Highi, Closei−1) Lowi=Min (Lowi, Closei−1)
PI=Price interval (usually US $0.01)

Once calculated it then can be averaged out to create two distinct lines which sepearte large effective volume from small effective volume. When there is divergence between large volume and price it's an indication that big players are entering the market. It's used only on the one minute time frame.



Rispondi
HPotter alextymczuk
@alextymczuk, Ok, I will try to do it.
+2 Rispondi
Home Screener azioni Screener forex Screener cripto Calendario economico Come funziona Caratteristiche Grafico Costi Invita un amico Regolamento Centro di supporto Soluzioni per broker & siti web Widget Librerie grafiche Libreria grafica leggera Blog & Novità Twitter
Profilo Impostazioni profilo Account e fatturazione Amici invitati Coin I miei ticket di supporto Centro di supporto Messaggi Privati Chat Esci