Formula for Volume Accumulation Distribution

[Tim]

Does the Optuma Accumulation Distribution indicator use the Williams Variable Accumulation Distribution (WVAD) formula?

Thanks

Tim

[Darren]

Hi Tim,

No – the Williams A/D is based on price only, not volume:

https://forum.optuma.com/topic/larry-williams-indicators/#post-48059

[Tim]

Hi Darren,

Thanks for the reply.

In Dormeier’s book “Investing with Volume Analysis” he has the Williams Variable Accumulation Distribution (WVAD) formula as;

(Close-Open)/(High-Low) x Volume.

Is this the Optuma A/D formula?

Tim

[Darren]

Hi Tim,

I don’t think so. The blue Show View line below is the cumulative script for your formula, and it’s different from the A/D tool. Does it look similar to what you require?

AD1=(CLOSE()-OPEN()) / (HIGH()-LOW()) * VOL(); ACC(AD1)

1 2 3 4

AD1=(CLOSE()-OPEN()) / (HIGH()-LOW()) * VOL(); ACC(AD1)

[Author]

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