Accumulation / Distribution Line (ADL)
Accumulation / distribution line: a running total of volume weighted by where each bar closes in its range, tracking money flowing in or out.
How to read it
- A rising line means closes near the highs on volume: accumulation.
- A falling line means closes near the lows: distribution.
- Divergence with price warns that a trend lacks volume support.
Key settings
- No period input; line colour and width only.
Good to know
- Drawn in its own pane below the chart.
- Read the direction, not the absolute value.