Examples: An Insight Into Accumulation/Distribution And Where It Can Get You
For me, the A/D indicator does very strange things in MT4, suddenly leaping in huge amounts for no apparent reason.
I'd suggest instead using On Balance Volume in the same way as suggested here - a break of an OBV trendline plus a break in a price trendline usually provides an excellent entry point.
I'm sorry for my English.
thanks
Accumulation/Distribution is supposed to be created from changes of price and volume. Metatrader does not provide true volume in the market sense, it substitutes that with a simple tick count, so how can this indicator be any use to us when loaded into metatrader ?
New article An Insight Into Accumulation/Distribution And Where It Can Get You has been published:
Author: Artyom Trishkin