The accumulation/distribution Indicator (Engl. Accumulation/Distribution, abbr. AD) -this is accumulation of difference, multiplied by the volume difference between the movements up when the price increased by closure; and vice versa-between movements down to the days of price goes down. The larger the volume at a given time, the greater the contribution the current price change makes to the direction of the indicator.
View indicator on the chart.
To the current accumulated value indicator is added to or subtracted from a certain share of volume of candle. The closer closing price to the maximum of candle - the bigger share added. The closer closing price to the minimum of candle - the greater percentage of substraction. If the closing price is strictly between the maximum and minimum value of the indicator does not change.
A/D (i) = ((CLOSE (i) — LOW (i))-(HIGH (i)-CLOSE (i)) * VOLUME (i)/(HIGH (i)-the LOW (i)) A/D (i-1)
A/D (i) — the value of the accumulation/distribution Indicator for the current bar;
Close (i) — the closing price of the bar;
Low (i) — the minimum price of the bar;
High(i) — the maximum price of the bar;
Volume (i) — the volume;
A/D (i-1) — the value of the accumulation/distribution Indicator for the previous bar.
To add and configure the indicator, you must open the settings window.
Panel - select the location indicator on the chart:
- New panel.
Show value - display value of indicator on the left of the pricing scale.
Scale - if this option is enabled, then the scale will automatically be calculated based on the minimum and maximum values of the indicator, the indicator for that would fit on the chart.
Color - color tuning indicator.
Visual type - visual settings of indicator display on the chart:
- Up arrow
- Down arrow
- Axis label
Customer support service by UserEcho