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GreenReeper

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GreenReeper

Re: None

Sunday, 08/31/2014 6:16:29 AM

Sunday, August 31, 2014 6:16:29 AM

Post# of 821321
The Accumulation Distribution Line is an indicator based on a derivative of price and volume. This makes it at least two steps removed from the actual price of the underlying security. Moreover, the Money Flow Multiplier does not take into account price changes from period to period. As such, it cannot be expected to always affirm price action or successfully predict price reversals with divergences.

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