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Charting and Studies User Guide - CQG.com

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Page 210<br />

Accumulation/Distribution (A_D)<br />

The ACC/DIST study reports a cumulative total that is calculated as follows:<br />

True Low is defined as the lesser of the current low or the previous close. True High is defined<br />

as the greater of the current high or the previous close.<br />

If the current close is higher than the previous close, add the absolute value of the difference<br />

between the current close <strong>and</strong> the True Low to the prior Accumulation/Distribution value. In<br />

other words: AD = |Current Close - True Low| + Prior A/D value.<br />

If the current close is lower than the previous close, subtract from the previous day's<br />

Accumulation/Distribution value the absolute value of the difference between the current close<br />

<strong>and</strong> the True High. In other words: AD = Prior A/D value - |Current Close - True High|<br />

If the current close is equal to the previous close, the Accumulation/Distribution total is<br />

unchanged from the previous day.<br />

Accumulation/Distribution Parameters<br />

• Start Time: Displays the Define Bar Range window, allowing you to define the time<br />

frame (in bars or days) for the study. Enter a date <strong>and</strong>/or time or number of days or<br />

bars back from the current bar to indicate the earliest bar.<br />

• Display<br />

• MarkIt<br />

Basic <strong>Studies</strong>

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