A volume-based indicator (Chaikin A/D) that assesses buying vs selling pressure by comparing the close’s position within the high-low range (multiplied by volume). A rising A/D line suggests accumulation (buying), and a falling line suggests distribution (selling). In Forex robots, divergences between price and A/D (e.g. price making new highs while A/D falls) can trigger reversal signals. MetaTrader provides iAD()
for the A/D line; cTrader has Indicators.AccumulationDistributionLine()
. This line helps bots factor in volume-based momentum.