williamsAD {TTR} | R Documentation |
Williams Accumulation / Distribution
Description
The Williams Accumulation / Distribution (AD) line is a measure of market momentum. Developed by Larry Williams.
Usage
williamsAD(HLC)
Arguments
HLC |
Object that is coercible to xts or matrix and contains High-Low-Close prices. |
Details
The Williams AD line differs from OBV and chaikinAD in that it doesn't take volume into account.
Value
A object of the same class as HLC
or a vector (if
try.xts
fails) containing the accumulation / distribution values.
Note
The Accumulation/Distribution Line is interpreted by looking for a divergence in the direction of the indicator relative to price.
Author(s)
Joshua Ulrich
References
The following site(s) were used to code/document this
indicator:
https://www.fmlabs.com/reference/WilliamsAD.htm
https://www.metastock.com/Customer/Resources/TAAZ/?p=125
See Also
Examples
data(ttrc)
ad <- williamsAD(ttrc[,c("High","Low","Close")])
[Package TTR version 0.24.4 Index]