Open-source scriptindicator/v1
Williams Variable Accumulation Distribution
Weight each close-open move by volume and normalize it by the bar range.
#money-flow#volume#williams
Description
Williams Variable Accumulation Distribution relates the close-open movement to the full bar range and multiplies the result by volume. Positive and negative readings provide a per-bar estimate of directional volume pressure.
Open-source script. Everyone can inspect the source code, use the script on a chart, and save an editable copy.
Release notes
Version history · 1 published version
Version 1CurrentChart updatedWilliams Variable Accumulation Distribution · Aug 31, 2026
Source codempl-2.0View sourceHide source
indicator("Williams Variable Accumulation Distribution", { overlay: false });
plot(wvad(), { title: "WVAD", color: "#7c4dff", type: "histogram" });
hline(0, { title: "Zero", color: "#78909c", style: "dotted" });
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