This is an Accumulation/Distribution indicator that includes a simple moving average which helps identify trends with the addition of the signal line being coloured dependant upon being either Bullish or Bearish (above/below the signal line).
**THE CHART**
AUDNZD on the 4HR Time Frame
**ON THE CHART INDICATORS**
- In the Top Panel we have this indicator our version of Accumulation and Distribution with an SMA added to Identify a trend in ACC/DIST a little easier and earlier.
- On the Chart we have the Chart version of the Berlin Range Index which changes the Candle Colour to match the conditions of the indicator.
- Below the chart we have our panel version of the Berlin Range Index.
- In the Bottom Panel we have our action locator tool which is also extremely powerful at identifying ranging markets and trends.