AD Line: A holy Grail to pick the bottom?

[josephseby]

Accumulation / Distribution line

Hi,
I have posted this study in another thread previously. Now I thought it would be prudent to create a thread entirely dedicated for this study. I invite all respected members of Valuepikr to comment and guide. I plan to post all my updates regarding this study in this thread in future.

here is the link to the post

Bull therapy 101-thread for technical analysis with the fundamentals

Accumulation / Distribution line break out Hi, Here I am discussing another type of breakout which I feel is very significant as the price break out or even more important. Break out on an accumulation distribution charts. I have done a detailed study for various periods in the markets from 1997. For this I calculated accumulation distribution and plotted an AD line. Calculated as follows Money Flow Multiplier = ((Close – low)-(high- close))/(high-low) Accumulation/distribution = volume…

[josephseby]

Another update as on april 17th 2018

Bull therapy 101-thread for technical analysis with the fundamentals

Hi, Here is the chart of williams AD line as of today (17/04/2018) closing [acc%202016] The accumulation level has just crossed the 2016 august high levels. Lets see whether it sustains above this level. If the above study is correct http://forum.valuepickr.com/t/bull-therapy-101-cup-and-handle-harmonics-other-breakout/16338/175V, then we might have entered into new bull phase…

[josephseby]

Latest update

Seby Joseph (josephseby78)