Accumulation and Distribution Momentum — Indicator by burgercrisis

oscillator chandemo accumulation distribution

This applies Chande Momentum to Accumulation and Distribution index as a means to changes.
Experimental oscillator.

Compare it to both Money Flows, Acc/Dis and Chande and you notice it has elements of all of them. Could potentially replace other volume based momentum indicators in your strategy.
It is a little more volatile, reaching from side to side, while having a tendency to lean towards the side that gets the most action over a longer period of time.
It also tends to reach and hang in oversold regions BEFORE a pump - something I noticed.

Could be used as an early warning sign as well as for overall trend analysis.

take the brown acid

Open-source script

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