Hello Everybody,
In my recent studies, I got stuck into a problem which I couldn't solve. I need to measure the Accumulation and Distribution of a certain currency pair.
I am trying to get out an idea about trend continuations and reversals, that's why I am looking for the accumulation and distribution measure.
Now the real problem is the abscence of volume in the forex. All methods of accumulation/distribution calculations requires volume.
Does anyone know of a method for calculating the accumulation and distribution using only the 4 data prices available (Open, Low, High & Close) ??
Thanks All.
Nader.
In my recent studies, I got stuck into a problem which I couldn't solve. I need to measure the Accumulation and Distribution of a certain currency pair.
I am trying to get out an idea about trend continuations and reversals, that's why I am looking for the accumulation and distribution measure.
Now the real problem is the abscence of volume in the forex. All methods of accumulation/distribution calculations requires volume.
Does anyone know of a method for calculating the accumulation and distribution using only the 4 data prices available (Open, Low, High & Close) ??
Thanks All.
Nader.