ADL Price Ratio

20 เม.ย. 2020

This script measures percentage of ADL movement relative and difference to Stock Price movement, in a core this measure reflects "how in-the-market (ADL) volume moves Stock Price".
The higher green line, the easier prices moves higher, the smaller black line (ADL - Price difference) the more price reflects volume movements (e.g. ADL up -> Stock Price up same amount)

22 เม.ย. 2020

เอกสารเผยแพร่

- Removed moving averages which were cluttering chart

3 ก.พ. 2021

เอกสารเผยแพร่

Updated scenario when percent reaches 100% and thus difference with previous may be incorrect if ATH being hit continuously. As a result more accurate buyer/seller pressure on price is reflected (green vs magenta lines)
On high level if green line (buyer AD moving price higher easily) higher than magenta (seller AD moving price down easily) and AD (red line) is going higher that means price moves higher on lower volume (ease of pressure to downward)