Re: [CANSLIM] Accumulation / Distribution formula


From: Mike <PatternDT@SoftHome.net>
Subject: Re: [CANSLIM] Accumulation / Distribution formula
Date: Mon, 11 Aug 2003 18:07:09 -0400

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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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