The Accumulation Distribution (A/D) forex indicator for Metatrader 4 was originally designed by Marc Chaikin.
It’s called a leading indicator that can be applied to any trading instrument, including the majors, cross pairs and exotics.
It can be used to look for divergence between the price and the indicator.
Falling prices and rising indicator A/D values suggest an upcoming rise in price. In this case, traders look for buy trading signals.
Rising prices and declining indicator A/D values suggest an upcoming fall in price. In this case, traders look for sell trading signals.
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Download the “Accumulation.mq4” MT4 indicator
Indicator Chart (EUR/USD H1)
The EUR/USD H1 chart below shows the Accumulation forex indicator in action.
Basic Trading Signals
Look for long signals when the Accumulation indicator A/D values are rising or look for bullish divergence between price and indicator.
Look for short signals when the Accumulation indicator A/D values are declining or look for bearish divergence between price and indicator.
We advise you to use the Accumulation forex indicator in conjunction with other technical indicators or tools to generate more reliable buy and sell trading signals.
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Download the “Accumulation.mq4” Metatrader 4 indicator
MT4 Indicator Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: chart pattern indicator
Customization options: Colors, width & Style.
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Type: leading
