ADP Trading Guide

The ADP (Accum/Dist %) is a quantitative technical analysis tool. Accumulation/Distribution Percentage (ADP) Based on ADP [cI8DH] - Pine Script v3 Volume-weighted momentum indicator with optional RSI overlays

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Range Bound % (rangeBound): Controls the calculation period and sensitivity for market detection.
• Show True RSI (showRSI): Controls the calculation period and sensitivity for market detection.
• Show VW RSI (showVWRSI): Controls the calculation period and sensitivity for market detection.
• Length (length): Controls the calculation period and sensitivity for market detection.
• A/D Weight (0-1) (adWeight): Controls the calculation period and sensitivity for market detection.
• Factor Price (Money Flow) (priceEnable): Controls the calculation period and sensitivity for market detection.
• ADP (adp): Controls the calculation period and sensitivity for market detection.
• True RSI (rsi): Controls the calculation period and sensitivity for market detection.
• VW RSI (vwRsi): Controls the calculation period and sensitivity for market detection.
• ADP Value (adp): Controls the calculation period and sensitivity for market detection.
• ADP vs 70 (Overbought) (adp_vs_70): Controls the calculation period and sensitivity for market detection.
• ADP vs 30 (Oversold) (adp_vs_30): Controls the calculation period and sensitivity for market detection.
• ADP vs 50 (Neutral) (adp_vs_50): Controls the calculation period and sensitivity for market detection.
• ADP vs True RSI (adp_vs_rsi): Controls the calculation period and sensitivity for market detection.
• ADP vs VW RSI (adp_vs_vwrsi): Controls the calculation period and sensitivity for market detection.
• ADP Rising/Falling (adp_rising): Controls the calculation period and sensitivity for market detection.
• True RSI Value (rsi): Controls the calculation period and sensitivity for market detection.
• VW RSI Value (vwRsi): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• buySignal - Fires when a bullish market condition is confirmed.
• sellSignal - Fires when a bearish market condition is confirmed.
• signalDir - Outputs 1 for bullish, -1 for bearish, and 0 when neutral.

2. Filters and Trade Levels

• rangeBound - Range Bound % value used for structural qualification or thresholds.
• showRSI - Show True RSI value used for structural qualification or thresholds.
• showVWRSI - Show VW RSI value used for structural qualification or thresholds.
• length - Length value used for structural qualification or thresholds.
• adWeight - A/D Weight (0-1) value used for structural qualification or thresholds.
• priceEnable - Factor Price (Money Flow) value used for structural qualification or thresholds.
• adp - ADP value used for structural qualification or thresholds.
• rsi - True RSI value used for structural qualification or thresholds.
• vwRsi - VW RSI value used for structural qualification or thresholds.
• adp - ADP Value value used for structural qualification or thresholds.
• adp_vs_70 - ADP vs 70 (Overbought) value used for structural qualification or thresholds.
• adp_vs_30 - ADP vs 30 (Oversold) value used for structural qualification or thresholds.
• adp_vs_50 - ADP vs 50 (Neutral) value used for structural qualification or thresholds.
• adp_vs_rsi - ADP vs True RSI value used for structural qualification or thresholds.
• adp_vs_vwrsi - ADP vs VW RSI value used for structural qualification or thresholds.
• adp_rising - ADP Rising/Falling value used for structural qualification or thresholds.
• rsi - True RSI Value value used for structural qualification or thresholds.
• vwRsi - VW RSI Value value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.