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Accumulation / Distribution Line (ADL)

Created by Marc Chaikin, the Accumulation/Distribution Line/Index is a rolling accumulation of Chaikin Money Flow Volume. [Discuss] 💬

// C# usage syntax
IEnumerable<AdlResult> results =
  quotes.GetAdl();

// usage with optional overlay SMA of ADL (shown above)
IEnumerable<AdlResult> results =
  quotes.GetAdl(smaPeriods);

Parameters

smaPeriods int - Optional. Number of periods (N) in the moving average of ADL. Must be greater than 0, if specified.

Historical quotes requirements

You must have at least two historical quotes to cover the warmup periods; however, since this is a trendline, more is recommended.

quotes is a collection of generic TQuote historical price quotes. It should have a consistent frequency (day, hour, minute, etc). See the Guide for more information.

Response

IEnumerable<AdlResult>

• This method returns a time series of all available indicator values for the quotes provided.
• It always returns the same number of elements as there are in the historical quotes.
• It does not return a single incremental indicator value.

AdlResult

Date DateTime - Date from evaluated TQuote

MoneyFlowMultiplier double - Money Flow Multiplier

MoneyFlowVolume double - Money Flow Volume

Adl double - Accumulation Distribution Line (ADL)

AdlSma double - Moving average (SMA) of ADL based on smaPeriods periods, if specified

🚩 Warning: absolute values in ADL and MFV are somewhat meaningless. Use with caution.

Utilities

• .Condense()
• .Find(lookupDate)
• .RemoveWarmupPeriods(qty)

See Utilities and helpers for more information.

Chaining

Results can be further processed on Adl with additional chain-enabled indicators.

// example
var results = quotes
    .GetAdl()
    .GetRsi(..);

This indicator must be generated from quotes and cannot be generated from results of another chain-enabled indicator or method.