Chart Pro online |
Recently used |
Forex |
Indices |
Williams Accumulation/Distribution (WAD)
William's Accumulation/Distribution (WAD) measures market pressures. Indicator was developed by Larry Williams.
WAD is calculated by formula:
Williams Accumulation Distribution (WAD)
Interpretation
William's accumulation/distribution trading signals are created using divergence: if price of security is falling, but value of WAD is rising (positive divergence) accumulation takes place (go long). Similar, when price is rising and WAD is falling distribution takes place (go short).
Example
Open chart for google with William's accumulation/distribution indicator.