Accumulation & Distribution - Simple

14 thg 6, 2023

This script is calculate volume weighted % change difference between up days and down days.

up days consider when price closed above (high+low+close)/3

down days consider when price closed below (high+low+close)/3

then this cumulative difference % is displayed using histogram with 2 ema.

this script is not provide the any trading signal but its help you to identify the power of buying or selling.

16 thg 6, 2023

Phát hành các Ghi chú

Added resistance level using the script and displayed as label.