OPEN-SOURCE SCRIPT
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.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。