Williams Accumulation/Distribution (Williams AD) Backtest — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 hour
- Net P&L: +14,900.00 USD (+15.05%)
- Win Rate: 70.7%
- Profit Factor: 1.1
- Max Drawdown: 15,762.50 USD (14.23%)
- Total Trades: 1,510
- Sharpe Ratio: 0.132
Description
Accumulation is a term used to describe a market controlled by buyers; whereas distribution is defined by a market controlled by sellers. Williams recommends trading this indicator based on divergences: Distribution of the security is indicated when the security is making a new high and the A/D indicator is failing to make a new high. Sell. Accumulation of the security is indicated when the security is making a new low and the A/D indicator is failing to make a new low. Buy.You can change long to short in the Input SettingsWARNING:- For purpose educate only- This script to change bars colors.