ta.wvad
Williams Variable Accumulation/Distribution
Williams Variable Accumulation/Distribution. Measures the relationship between price range and volume.
Syntax
ta.wvadReturns
series float
Code Examples
//@version=6
indicator("Williams Variable Accumulation/Distribution")
plot(ta.wvad, color=color.yellow)
// the same on pine
f_wvad() =>
(close - open) / (high - low) * volume
plot(f_wvad())Trading Applications
Measure buying/selling pressure relative to price range
Identify volume-weighted directional bias
Confirm breakouts with WVAD direction
Use as a component in custom volume analysis
Related Functions
Frequently Asked Questions
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