Institution Acc-Dist (Indicator)Analysis Techniques & Strategies
Institution Acc-Dist (Indicator)| Name | Expression | Default | Description |
| TickLength | Numeric | 100 | The number of ticks to look back. |
| MinShares | Numeric | 1000 | A user-defined smoothing constant. |
| MinDollars | Numeric | 100000 | Number of bars used to check for a divergence against price data. |
Counts trades over the number of shares specified by the MinShares input or number of trades in dollars specified by the MinDollars input within a the last number of ticks specified by the TickLength input in an attempt to identify markets under institutional accumulation/distribution. These markets may display a greater propensity for price movement as institutional buyers and sellers remain active.
| Number | Name | Default Color | Description |
| Plot1 | Inst_AD | White | Plots the count of large volume or dollar value trades. |
A grid-based (RadarScreen) indicator that is designed to work with 1-tick intervals.
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