OPEN-SOURCE SCRIPT

Gap-Aware Accumulation/Distribution (Fixed)

31
The traditional A/D indicator doesn't take into account the gap ups and downs but just where the price closed relative to the high/low. This can cause A/D line to move downwards if gap up happened but price closed closer to the low. Ideally this should be considered up volume as bulls raised the price up causing the gap up. Hence, changed the traditional A/D indicator to make it gap aware.

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