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