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Accumulation or Distribution Exploration for Metastock

Appenta over 14 years ago Metastock

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    metastock, exploration

This exploration formula can be useful to determine stocks, which stocks are in accumulation or distribution. A stock is in accumulation when the closing price is greater than the average of the high and low price. A stock is in distribution when the closing price is less than the average of the high and low price.

Files

Indicator / Formula

5 Parts
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(C>(H+L)/2)*VOLUME {value of accummulation}
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(C<(H+L)/2)
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(C<(H+L)/2)*VOLUME {value of distribution}
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cola=1 or colc=1
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(C>(H+L)/2)

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