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Re: A deleted message

Monday, 08/23/2021 3:36:04 PM

Monday, August 23, 2021 3:36:04 PM

Post# of 76490
Here is the accumulation formula and a brief explanation:


PH Price High
PL Price Low
PC Price Close


PH-PL
______________*Volume for the period
(PC-PL)-(PH-PC)


So it's always



.0003-.0002
___________________________ *Volume for the period

(.0003-.0002)- (.0003-.0003)


So it will always be 1 * volume for period.

The only time it would be different is on the rare occasion it closes at .0001. On those days it would be 0* volume.


The accumulation reading from whatever site you're using is in effect just reporting total volume for the time frame, minus volume of the days it closes at the low.

Of course it's the same for .0002 and .0003, or 3 and 4.

** Edited to use current numbers.