WAD trades ABX by Joseph Barics
ARTICLE SYNOPSIS...WAD trades ABX by Joseph Barics
Williams' on-balance volume, or ""WAD,"" takes each day's W, where W = [Close - Yesterday's Close/ High - low] Volume, and adds it to a cumulative total. (Note: when available, open replaces yesterday's close.) Therefore,
AUTHOR: Joseph BaricsDATE: FEB 1990