Accumulation/Distribution

The indicator is defined by the changes in (price) and (volume). The volume is used as a weight quotient for the price change: the larger the weight (volume), the more important the contribution of the price change (in the given period of time) to the value of the indicator.

Parameters:

No parameters.

Calculation:

For each time interval i the following expression is calculated (all values are taken for the current interval i). The difference of the highest high and the closing price (close) is subtracted from the difference of the close and the lowest price (low). Resulting value is multiplied by the volume and divided by the difference of the highest and the lowest prices. The indicator is equal to the sum of the expression over all observation intervals.