Abbreviation: Williams’ Variable Accumulation Distribution ExpAvg Diff
Category: Volume: Smoothed
Input Parameters:
| Name | Range | Default |
| Opening Price | Open | |
| High Price | High | |
| Low Price | Low | |
| Closing Price | Close | |
| Volume | Volume | |
| ExpAvg1 Periods | Int >= 1 | 5 |
| ExpAvg2 Periods | Int >= 1 | 10 |
Calculation:
ExpAvg(X, ExpAvg1 Periods) – ExpAvg(X, ExpAvg2 Periods)
where
X = Williams’ Variable Accumulation Distribution: Raw(Opening Price, High Price, Low Price, Closing Price, Volume)
Williams’ Variable Accumulation Distribution: Raw represents Williams’ Variable Accumulation Distribution: Raw
ExpAvg represents Exponential Moving Average
Discussion:
This indicator attempts to quantify movements in the Williams’ Variable Accumulation Distribution indicator by calculating the difference between two moving averages. Since it uses exponential moving averages (which give more importance to the most recent periods than to less recent periods), the indicator tends to focus more upon movement occurring in the most recent periods.