The Accumulation / Distribution - Williams indicator is the sum of upward price movements, which are the result of accumulation of securities by the market participants and downward movements, which are caused by distribution of securities, or, simply speaking, by their selling.
How the indicator looks like in the chart:
The indicator has the following parameters:
Drawing
Panel - selection of the indicator location in the chart:
- New panel
- Chart
WAD
Show value - showing the indicator value to the left on the price scale.
Scale - if this option is ON, the scale will be calculated automatically based on the minimum and maximum indicator values, so that the indicator would be accommodated in the chart.
Color - the color setting of the indicator.
Visual type - visual setting of the indicator display in the chart:
- Line
- Histogram
- Hash
- Block
- Cross
- Square
- Dots
- Up arrow
- Down arrow
- Axis label
- Hide
Line style - setting of the line display style:
- Solid
- Dash
- Dot
- Dash - dot
- Dash - dot - dot
Width - setting of the indicator line width.
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