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Profile: bengisby
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User Name: bengisby
Groups: Gold User, Member, TeleChart
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Joined: Tuesday, May 3, 2016
Last Visit: Monday, May 8, 2017 9:55:15 AM
Number of Posts: 8
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Last 10 Posts
Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 2:27:57 PM

i'm very sorry, my mistake. I had an old formula plugged in to the first line as I was trying to work through building it myself. 

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 2:25:13 PM

ovas. minute chart, 12:49pm.

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 1:54:17 PM

Bruce, just comparing lines here, 99% of the time seems to work flawlessly, however - the start of the thread formula compared to the second formula you wrote me above and notice something I'm not expecting.

2 candles:

C1=5.52 for open & close

C=5.52 open and 5.46 for low and close

When I compare the lines, the first formula the line goes down about 3% on the chart whereas the updated line you built me goes down about 1%, much smaller drop. I would want them to be equal decline size since they should be using the same candle.

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 1:24:13 PM

Thanks again. and the 2nd one is the one I want so that if someone buys at a higher/lower price from previous candle it will make the line go up/down. Appreciate the support.

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 11:59:36 AM

Hi Bruce, getting "unmatched parenthesis at position 132" error for this:

V * (2 * C - (H + L + 2 * C1 + ABS(H- C1) - ABS(L - C1)) / 2) / ((H - L + ABS(H - C1) + ABS(C1 - L)) / 2 + ABS(H + ABS(H - C1) + ABS(C1 - L) = L)

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 12:18:31 AM

Bruce, my other question is.. (I know it's a longshot) is it possible to have this line drawn based on ticks? Is there such an indicator (i.e. accumulation/distribution based on ticks but shown on longer timeframe charts)

Topic: Accumulation Distribution Indicator
Posted: Wednesday, October 26, 2016 12:14:47 AM

Bruce, really appreciate all your help. 

I would like to use the above indicator but when I see a gap I find it difficult to read. Is it possible to write the formula to remove gaps? I've tried to modify the above using C1 and C1>H criteria for IF:Then but am flailing...

Basically, if C1>H then using your formula above: 2*C-C1-L; If C1<L then 2*C-H-C1; if neither is true, then use your formula above. I think that&#39;s what I mean, but basically looking for a way to have the line adjust for gaps and not be so far away from the candlesticks when there is a gap.

Best,

Ben

Topic: Accumulation Distribution Indicator
Posted: Tuesday, September 20, 2016 2:44:54 PM

Hi Bruce,

Is it possible to have this in a PCF? I would like to scan for divergence. Say, over a period of 10, AD icreases while price decreases.

 

Best,

Ben