Volume Accumulation

The Volume Accumulation chart study is a variation of the On Balance Volume chart study, and works by assigning a proportional amount of volume to the mean price for the selected period (the period can be changed under "edit"), depending on where the close is in relation to the mean price.

In the event of the closing price being the high or low for that period, all the volume is assigned to buying, or selling only accordingly.

Parameters: Period.

For additional help on what the different parameters mean, that isn't included on this page, click here.

Volume Accumulation

Here is an example of the Volume Accumulation chart study (on a London Stock Exchange graph)