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Re: steved_45 post# 45103

Wednesday, 07/06/2011 1:46:46 AM

Wednesday, July 06, 2011 1:46:46 AM

Post# of 98509
I only use Accumulation/Distribution and On Balance Volume to confirm other indicators. Those two indices are computed differently so they can be seen going in opposite directions on occasion. Neither one of those indicators is computed correctly in my opinion. But, I have no way of changing the formula and when the market is in a consolidation phase, both of those indicators can give a valid reading. But I only pay attention to them when it confirms what the stochastics are saying.