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Accumulation
Description
The Chaikin Oscillator is created by subtracting a 10-period
Description
The contents of the Accumulation/Distribution Line are explained in
detail under the discussion of the Chaikin
Oscillator. Briefly, the indicator is:
Where "I" is yesterday's Accumulation/Distribution value
Interpretation
The interpretation of the Accumulation/Distribution Line is
similar to the interpretation of On Balance
Volume wherein the indicator displays the flow of volume into or
out of a security. The discussion on the
Chaikin Oscillator explains the principles behind the
Accumulation/Distribution Line.
Tips
Please don't confuse the Volume
Accumulation/Distribution indicator with
Williams' Price
Accumulation/Distribution indicator.
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