Formula for Volume Accumulation Distribution

Optuma Forums Optuma General Discussion Formula for Volume Accumulation Distribution

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  • #69821
    Tim
    • Topics: 30
    • Replies: 29
    • Posts: 59

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

    Thanks

    Tim

    #69825
    Darren
    • Topics: 73
    • Replies: 923
    • Posts: 996

    Hi Tim,

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

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

    #69839
    Tim
    • Topics: 30
    • Replies: 29
    • Posts: 59

    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

    #69865
    Darren
    • Topics: 73
    • Replies: 923
    • Posts: 996

    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?

    Capture

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