RE: [CANSLIM] Accumulation / Distribution formula

From: Mike <PatternDT@SoftHome.net>
Subject: RE: [CANSLIM] Accumulation / Distribution formula
Date: Mon, 11 Aug 2003 21:17:55 -0400

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There's probably an infinite number of ways to combine price volume 
data.  I'm not familiar with the IBD indicator but it sounds excellent.  Of 
this group of indicators, the one with the action I relate to best to is 
the Chaikin Oscillator, a MACD of the 3 and 10 period exponential MA of the 
Accumulation/Distribution line.
Mike


At 8/11/2003  08:24 PM, you wrote:
>Hi blfauaus,
>
>The formula shown is a generic A/D formula and is not the same as IBD's
>proprietary indicator. The IBD indicator uses a formula which takes into
>account the accumulation vs distribution action and is based on an average
>for the prior 13 weeks.
>
>In the CANSLIM context, the following definitions are key:
>"accumulation" = up days on volume higher than the previous day.
>"strong accumulation" = up days on volume higher than the previous day and
>above the average daily volume
>"distribution" = down days on volume higher than the previous day.
>"strong distribution" = down days on volume higher than the previous day and
>above the average daily volume
>
>You'll notice that the more generic A/D ratio quoted below does not use this
>same definition of accumulation and distribution.
>
>Katherine
>
>-----Original Message-----
>From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmission.com]On Behalf Of bflauaus
>Sent: Monday, August 11, 2003 6:26 PM
>To: canslim@lists.xmission.com
>Subject: RE: [CANSLIM] Accumulation / Distribution formula
>
>
>Based upon that formula, does WON use a 50-day or 200-day average to
>calculate accumulation?
>
>Food for thought
>
>-----Original Message-----
>From: owner-canslim@lists.xmission.com
>[mailto:owner-canslim@lists.xmission.com]On Behalf Of Mike
>Sent: Monday, August 11, 2003 5:07 PM
>To: canslim@lists.xmission.com
>Subject: Re: [CANSLIM] Accumulation / Distribution formula
>
>
>
>A portion of each day's volume is added or subtracted from a cumulative
>total. The nearer the closing price is to the high for the day, the more
>volume added ...
>
>summation of (((close-low)-(high-close)) / (high-low)) * volume)
>
>Ref: http://www.equis.com/Education/TAAZ/?page=27
>
>Mike
>
>
>
> > > Hello all,
> > >
> > > I'm trying to write my own "stock screening" program.
> > > I have Open,Close,High,Low,Volume and some data
> > > related to earnings.
> > >
> > > Does anybody know a good formula to find/get the
> > > Accumulation/Distribution for an individual stock?
> > > WON has been mentioning his formula in HTMMIS as a
> > > propietary formula so I guess I can't use the one he
> > > is using or at least he won't let us know how he did
> > > it.
> > >
> > > Thanks,
> > >
> > > Peter
> > >
>
>
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