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VolumePine Script v6Built-in Variable

ta.wad

Williams Accumulation/Distribution

Williams Accumulation/Distribution. Measures the cumulative flow of money using true high/low concepts.

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Syntax

Syntax
ta.wad

Returns

series float

Code Examples

Pine Script v6 Example
//@version=6
indicator("Williams Accumulation/Distribution")
plot(ta.wad, color=color.yellow)

// the same on pine
f_wad() =>
    trueHigh = math.max(high, close[1])
    trueLow = math.min(low, close[1])
    mom = ta.change(close)
    gain = (mom > 0) ? close - trueLow : (mom < 0) ? close - trueHigh : 0
    ta.cum(gain)

plot(f_wad())

Trading Applications

Measure accumulation/distribution using true range concepts

Confirm trend direction with Williams A/D

Detect divergences for reversal signals

Compare with standard A/D for additional confirmation

Related Functions

ta.accdistta.wvad

Frequently Asked Questions

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