Williams Acc/Dist
This indicator uses Larry Williams' accumulation and distribution formula, which does not take volume into consideration. It further adds a 57-period Simple Moving Average of accumulation and distribution to identify the longer-term trend. This setting is typical for Jake Bernstein to use in order to confirm the trend with other indicators.
This indicator is not meant to be used alone. Typically, if you have two consecutive readings of WillAD above its 57-period moving average, we're in an uptrend and bullish triggers can be taken. Conversely, if we have two consecutive readings of WillAD below its 57-period moving average, we're in a downtrend and bearish triggers can be taken. Triggers may be from other indicators that give you signals in the direction of the WillAD trend.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TickSurfers directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TickSurfers directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.