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Type: ad • Category: indicators

Description

Chaikin A/D Line

Parameters

NameTypeDescriptionRequiredDefault
highstringList of highest pricesno
lowstringList of lowest pricesno
closestringList of closing pricesno
volumestringList of volumesno

Help

AD (Chaikin A/D Line)

Description

The AD (Chaikin A/D Line) worker is an indicator used in financial markets to gauge the money flow into or out of a security. It is based on the accumulation/distribution line developed by Marc Chaikin.

What does this worker do?

This worker calculates the Chaikin A/D Line, which is a cumulative indicator that uses the relationship between an asset's price and volume to determine the flow of money into or out of the asset. The A/D Line helps to assess the buying and selling pressure in the market.

How to interpret the results

  • A rising A/D Line indicates that the security is experiencing positive money flow, suggesting buying pressure and potentially signaling a bullish trend.
  • A falling A/D Line indicates that the security is experiencing negative money flow, suggesting selling pressure and potentially signaling a bearish trend.
  • A divergence between the A/D Line and the price of the security can be an early sign of a potential trend reversal.

Parameters

The following parameters are required to compute the AD (Chaikin A/D Line):

Parameters Schema (JSON)

{
"high": {
"type": "string",
"description": "List of highest prices"
},
"low": {
"type": "string",
"description": "List of lowest prices"
},
"close": {
"type": "string",
"description": "List of closing prices"
},
"volume": {
"type": "string",
"description": "List of volumes"
}
}

Detailed Parameters List

  • high:

    • Type: string
    • Description: List of highest prices. This should be a comma-separated string of numerical values representing the highest prices for each period.
  • low:

    • Type: string
    • Description: List of lowest prices. This should be a comma-separated string of numerical values representing the lowest prices for each period.
  • close:

    • Type: string
    • Description: List of closing prices. This should be a comma-separated string of numerical values representing the closing prices for each period.
  • volume:

    • Type: string
    • Description: List of volumes. This should be a comma-separated string of numerical values representing the trading volumes for each period.

Ensure that all lists (high, low, close, volume) have the same number of elements and are in chronological order.