TTR (version 0.24.4)

williamsAD: Williams Accumulation / Distribution

Description

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

Usage

williamsAD(HLC)

Value

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

Arguments

HLC

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

Author

Joshua Ulrich

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:
https://www.fmlabs.com/reference/WilliamsAD.htm
https://www.metastock.com/Customer/Resources/TAAZ/?p=125

See Also

See OBV, chaikinAD, and ATR.

Examples

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