Accumulation Distribution
In This Topic
Syntax
ACCDIST(close; high; low; volume)
Arguments
All the arguments must be arrays: 'close' contains the close values, 'high' contains the high values, 'low' contains the low values, 'volume' contains the volumes.
Result
The result is an array.
Description
The Accumulation/Distribution is a momentum indicator that associates changes in price and volume. The indicator is based on the premise that the more volume that accompanies a price move, the more significant the price move. When the accumulation distribution is increasing then the price will probably increase since the security is being accumulated. If the accumulation distribution is decreasing then the price will probably go down since the security is being distributed.
Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators