This is an updated version (with lots of extras added) of the Accumulation/Distribution indicator coded by @Cl8DH. You can read about what he says about his indicator, and how to use it, here: So, from that, what have I done? I added a moving average (of which there are many types to choose from) so that you can use this as a "two lines cross" indicator, as...
The advance/decline line (A/D) is a breadth indicator used to show how many stocks are participating in a stock market rally or decline. When major indexes are rallying, a rising A/D line confirms the uptrend showing strong participation. If major indexes are rallying and the A/D line is falling, it shows that fewer stocks are participating in the rally...
Advance-decline line for Warsaw Stock Exchange (GPW) EN: Since GPW doesn't give us advance/decline data similar to NYSE, it's not hard to calculate it manually (WIG20 and WIG30 - can be changed in settings) PL: Wskaźnik A/D line dla giełdy Warszawskiej (działa dla WIG20 i WIG30)
The Advance-Decline Line (AD Line) is a breadth indicator based on Net Advances, which is the number of advancing stocks less the number of declining stocks. Net Advances is positive when advances exceed declines and negative when declines exceed advances. The AD Line is a cumulative measure of Net Advances. While the shape of the AD Line is important, the actual...