OPEN-SOURCE SCRIPT
Super Accumulator
This indicator is designed to make Accumulation/Distribution (A/D) movements more visible and easier to interpret.
Under normal conditions, accumulation and distribution activity can be hard to spot on the chart, especially with short-term volume signals. To address this, we visualized the A/D difference as a histogram, allowing you to quickly assess buying and selling pressure.
Additionally, the histogram is combined with the SuperTrend indicator to clearly show the trend direction on the panel. Buy signals are displayed as yellow circles, sell signals as red circles, providing an immediate view of both momentum and trend direction.
When used alongside other indicators, this setup becomes a powerful tool for trend-following and volume-based strategies.
Note: This indicator is not a standalone buy/sell signal; always use it with proper risk management.
Under normal conditions, accumulation and distribution activity can be hard to spot on the chart, especially with short-term volume signals. To address this, we visualized the A/D difference as a histogram, allowing you to quickly assess buying and selling pressure.
Additionally, the histogram is combined with the SuperTrend indicator to clearly show the trend direction on the panel. Buy signals are displayed as yellow circles, sell signals as red circles, providing an immediate view of both momentum and trend direction.
When used alongside other indicators, this setup becomes a powerful tool for trend-following and volume-based strategies.
Note: This indicator is not a standalone buy/sell signal; always use it with proper risk management.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.