Modified Advance Decline Line

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Modified Advance Decline Line

Postby Alexander.Gettinger » Fri Dec 07, 2018 2:48 pm

Formula:
MAD[i] = MAD[i-1]+(2*Close-High-Low)/(High-Low)*(Volume+MA), where
MA - MVA(Volume) with [Length] number of periods.

Modified AdvanceDecline Line.PNG


Download:
Modified AdvanceDecline Line_JS.jsl
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Alexander.Gettinger
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