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calculate accumulation_distribution error #10

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hellobiek opened this issue Mar 17, 2019 · 0 comments
Open

calculate accumulation_distribution error #10

hellobiek opened this issue Mar 17, 2019 · 0 comments

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@hellobiek
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Accumulation/Distribution = ((Close – Low) – (High – Close)) / (High – Low) * Period Volume

In order to fully understand how the indicator actually works, it is necessary to break this formula down into individual parts.
https://www.tradingview.com/wiki/Accumulation_Distribution_(ADL)
https://www.tradingview.com/wiki/Accumulation_Distribution_(ADL)
1.Find the Money Flow Multiplier.
[(Close - Low) - (High - Close)]/(High - Low) = Money Flow Multiplier

2.Once you have calculated the Money Flow Multiplier, you can calculate Money Flow Volume.
Money Flow Multiplier x Period’s Volume = Money Flow Volume

3.As previously mentioned The ADL is a running total of each period’s Money Flow Volume. Therefore once you have the
Current Money Flow Volume you can plot the ADL.
ADL = Previous ADL + Current Money Flow Volume.

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