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VolumePine Script v6Built-in Variable

ta.wadWilliams Accumulation/Distribution

Williams Accumulation/Distribution. Measures the cumulative flow of money using true high/low concepts.

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Syntax

Syntax
ta.wad

Returns

series float

Code Examples

Pine Script v6 Example
//@version=6
indicator("Williams Accumulation/Distribution")
plot(ta.wad, color=color.yellow)

// the same on pine
f_wad() =>
    trueHigh = math.max(high, close[1])
    trueLow = math.min(low, close[1])
    mom = ta.change(close)
    gain = (mom > 0) ? close - trueLow : (mom < 0) ? close - trueHigh : 0
    ta.cum(gain)

plot(f_wad())

Trading Applications

Measure accumulation/distribution using true range concepts

Confirm trend direction with Williams A/D

Detect divergences for reversal signals

Compare with standard A/D for additional confirmation

Related Functions

ta.accdistta.wvad

Frequently Asked Questions

ta.wad is Williams Accumulation/Distribution: a cumulative line built from true high/low adjusted ranges and the direction of the close change.

Standard A/D (ta.accdist) uses a money-flow multiplier from close location in the bar. Williams A/D uses true high/low vs prior close and accumulates a different daily gain rule.

Treat it like other cumulative volume lines: trend with price for confirmation, watch divergences for caution, and combine with levels and risk controls.

Generate ta.wad Code with AI

Draft Pine Script using ta.wad with Pineify's AI Coding Agent, then review the arguments and test the result on your chart. Usage depends on your plan and available credits.

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