Volume Accumulation Distribution


Function Name: vol_acc_dist

Tags: None

Category: Volume

The Volume Accumulation-Distribution indicator is a further stage of the On Balance Volume indicator. In contrast to the On Balance Volume, the overall trade volume is not taken into account, but rather a measured proportion according to the relationship between closing price and the median price.


Author:   Marc Chaikin

Link: http://www.onlinetradingconcepts.com/TechnicalAnalysis/VolumeAccumulation.html