TTR (version 0.21-1)

williamsAD: Williams Accumulation / Distribution

Description

The Williams Accumulation / Distribution (AD) line is a measure of market momentum. Developed by Larry Williams.

Usage

williamsAD(HLC)

Arguments

HLC

Object that is coercible to xts or matrix and contains High-Low-Close prices.

Value

• A object of the same class as HLC or a vector (if try.xts fails) containing the accumulation / distribution values.

Details

The Williams AD line differs from OBV and chaikinAD in that it doesn't take volume into account.

References

The following site(s) were used to code/document this indicator: http://www.fmlabs.com/reference/WilliamsAD.htm http://www.equis.com/Customer/Resources/TAAZ/?c=3&p=125

See Also

See OBV, chaikinAD, and ATR.

Examples

data(ttrc)
  ad <- williamsAD(ttrc[,c("High","Low","Close")])