Abbreviation:

Category: Volume

Input Parameters:

Name | Range | Default |

Opening Price | Open | |

High Price | High | |

Low Price | Low | |

Closing Price | Close | |

Volume | Volume | |

Calculation:

(Closing Price – Opening Price)

‘‘‘‘‘‘‘‘‘‘‘‘‘‘ * volume

(High Price – Low Price)

Discussion:

Williams’ Variable Accumulation Distribution provides a measure of volume weighted by price momentum. It computes the current periods volume times the difference between the close and open divided by the period’s range. A close above the open will result in values greater than zero. A close below the open will result in values less than zero. If the close and open are always within the high/low range, then Williams’ Variable Accumulation Distribution will range in value between the current period’s volume and the negative of the current period’s volume.