fxcodebase-backup
Accumulation Distribution Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=34264
Forum: 38 · Topic 34264 · 3 post(s)
Accumulation Distribution Indicator
Apprentice · Tue Apr 09, 2013 9:05 am
Choose one of the three methods 1.Classical AD= (((Close - Low ) - (High - Close )) / (High - Low )) * Volume ;
2.Classical Incremental AD= AD[-1] + (((Close - Low ) - (High - Close )) / (High - Low )) * Volume ;
3. Trade Station Incremental AD = AD[-1] -((Close - Open) / (High - Low)) * Volume
Re: Accumulation Distribution Indicator
Robertbob · Tue Apr 09, 2013 12:09 pm
DEAR SIR !
What is actually the AD[-1] calculation in front of Classical Incremental and Trade Station AD modes ? Thanks a lot once again ! POZDRAV
Re: Accumulation Distribution Indicator
Apprentice · Wed Apr 10, 2013 2:41 am
AD[-1] Stands for previous period AD. Basically AD is then cumulative. Adds the current period AD value to previous period cumulative AD.