Williams Accumulation Distribution
Williams Accumulation Distribution Interpretation: Accumulation results in a market controlled by buyers and Distridution results in a market controlled by sellers. The A/D gives good divergence signals. A sell signal is given when a bearish divergence appears. A bearish divergence occurs when the stock price makes new highs while the A/D falls to make new highs. A buy signal is given when a bullish divergence appears. A bullish divergence occurs when the stock price makes new lows while the A/d fails to make new lows. Williams Accumulation Distribution Calculation: TRH = the highest of (yesterday's close or today's high) TRL = the smallest of ( yesterday's close or today's low)If the today's close > yesterday's close then A/D = today's close - TLRIf the today's close < yesterday's close then A/D = today's close - TRHIf the today's close = yesterday's close A/D = 0, A/D William = today's A/D + yesterday's A/D
Return from Williams Accumulation Distribution to Using Indicators
|
New! Comments
Have your say about what you just read! Leave me a comment in the box below.