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Farley's Accumulation-Distribution Accelerator (ADA)

Farley's ADA (From The Master Swing Trader)
What it is :
How It Works
Usage
What it is :
- ADA is designed to track volume oscillations in the market and reduce the impact of shock events.
- It observes the supply-demand dynamics within the market, which can trigger natural levels of price reversals.
How It Works
- Volume and Price Relationship: ADA measures the lag between price and volume movements. It highlights when volume leads or lags behind price changes, helping traders identify potential reversals or trends.
- Signal Generation: ADA can generate faster and cleaner signals compared to traditional indicators like On-Balance Volume (OBV).
Usage
- Support and Resistance: ADA formations can help identify support and resistance levels and trendlines.
- detect natural levels where price reversals might occur.
- Trend Identification: Look for significant divergences between ADA and price action to identify potential trend reversals.
- Volume Analysis: Use ADA to anticipate pauses in price movements when volume leads, and expect dynamic trends when ADA significantly moves ahead of price action.
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開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。