StockFetcher Forums · Indicators and Measures · Williams Accumulation/Distribution<< >>Post Follow-up
stockfetcher
979 posts
msg #76455
3/11/2006 8:13:54 AM

Williams Accumulation/Distribution

Parameters: None
Usage williams accumulation distribution
Description Developed by Larry Williams, the Williams' Accumulation/ Distribution indicator is used to define if the marketplace is controlled by sellers (distribution) or by buyers (accumulation) and trading when there is discrepancy between the A/D indicator and price. The formula is defined in Technical Analysis A-Z is:
wmax = max(high,close 1 day ago)
wmin = min(low, close 1 day ago)
if (close > close 1 day ago)
 wval = close - wmin;
else if (close < close 1 day ago) 
 wval = close - wmax
else 
 wval = 0


Williams Accumulation Distribution =
 Williams Accumulation Distribution 1 day ago + wval


Note: some sources multiply wval by the volume. StockFetcher does not include this step and only implements the formula as described by Steven Achelis in Technical Analysis A-Z.
Examples
Fetcher[ close > 10 and williams accumulation distribution increasing for the last 3 days ]


Fetcher[ close > 10 and williams accumulation distribution reached a new 3 month high ]

Note: Given the cumulative nature of this indicator, only the shape/direction of this indicator is of significance.



StockFetcher Forums · Indicators and Measures · Williams Accumulation/Distribution<< >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.