AD

The accumulation/distribution Indicator (Engl. Accumulation/Distribution, abbr. AD)

is the accumulation of difference, multiplied by the volume difference between the up movements when the price has increased at the closing; and vice versa - the difference between down movements on days when the price goes down. The larger the volume at a given time, the greater the contribution the current price change makes to the direction of the indicator.

The indicator view on the chart.

Calculation:

A certain amount of the candle volume is added to or subtracted from the current accumulated value of the indicator. The closer the closing price is to the high of the candle, the greater the added amount. The closer the closing price is to the low of the candle, the larger the amount to be subtracted. If the closing price is strictly between the maximum and minimum, the value of the indicator does not change.

A/D (i) = ((CLOSE (i) — LOW (i))-(HIGH (i)-CLOSE (i)) * VOLUME (i)/(HIGH (i)-the LOW (i)) A/D (i-1)

Where is:

A/D (i) — is the value of the accumulation/distribution Indicator for the current bar;

Close (i) — is the closing price of the bar;

Low (i) — is the minimum price of the bar;

High(i) — is the maximum price of the bar;

Volume (i) — is the volume;

A/D (i-1) — is the value of the accumulation/distribution Indicator for the previous bar.

To add and set up the indicator, open the settings window.

Drawing.

Panel - select the location of the indicator on the chart:

• New panel.
• Chart.

AD

Show value - display the indicator value on the left of the pricing scale.

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum values of the indicator so it would fit on the chart.

Color - indicator color setting.

Visual type - a visual setting of the indicator display on the chart:

• Line
• Histogram 
• Hash 
• Block 
• Cross 
• Square 
• Dots 
• Up arrow 
• Down arrow 
• Axis label 
• Hide 

Line style - set the type of the line display:

• Solid
• Dash 
• Dash-dot
• Dash-dot-dot 

Width - set the thickness of the indicator line.