Smoothened Williams Accumulation/Distribution (Williams AD) — Strategy by HPotter
By HPotter
Performance Metrics
- Author: HPotter
- Symbol: CME_MINI:ES1!
- Timeframe: 1 hour
- Net P&L: +22,775.00 USD (+22.54%)
- Win Rate: 33.3%
- Profit Factor: 1.119
- Max Drawdown: 11,525.00 USD (10.57%)
- Total Trades: 1,623
- Sharpe Ratio: 0.267
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.