Abbreviation: Williams’ Variable Accumulation Distribution Avg Diff
Category: Volume: Smoothed
Input Parameters:
Name | Range | Default |
Opening Price | Open | |
High Price | High | |
Low Price | Low | |
Closing Price | Close | |
Volume | Volume | |
Avg1 Periods | Int >= 1 | 5 |
Avg2 Periods | Int >= 1 | 10 |
Calculation:
Avg(X, Avg1 Periods) – Avg(X, Avg2 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
Avg represents Simple 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 simple moving averages (which give equal importance to all the periods within the moving average’s time frame), the indicator treats all periods alike, and does not focus more upon movement between recent or relatively higher volume periods as do the exponential and volume weighted variants.