Accumulation/distribution: cumulative close-location value times volume.
Preview
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What it measures
Volume weighted by where the bar closed in its range, cumulatively: OBV with the wick taken into account.
- Output
- A line, as a ratio
- Feeds
- Entry and exit rules
- Warm-up
- 1 bar before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Accumulation/Distribution Line
- Also known as
- A/D, ADL, Accumulation Distribution