Formula for Volume Accumulation Distribution

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

Thanks

Tim

Hi Tim,

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

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

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

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)

Capture