This is the oscillator version of the Accumulation/Distribution volume indicator. The oscillator is normalized by n-period volume moving sum. The value oscillates between 1 and -1. One way to use this oscillator is to identify the divergence between price and oscillator reading in trending market, and to spot potential reversal.
Accumulation/Distribution as main indicator.
+Bollinger Band build on A/D
+Moving Average build on A/D
1) Moving Average is one of most useful and right indicator.
2) BB on A/D . BB is channel of Deviation or Volatility , and indicator inside this channel help to understand how far price can go.
This script allows you to input 2 different coins and plot % changes against each other.
Look Back is adjustable to account for different time frame windows. Default is 1, so each line will be graphed on a 1:1 ratio with the candle period selected on the chart. raising this number to 24 will plot the change across every 24 candles and so on. It's pretty...