mirror of
https://github.com/mihakralj/QuanTAlib.git
synced 2026-08-25 22:08:05 +00:00
Refactor documentation for various filters and indicators to enhance clarity and consistency
- Updated Bessel, Bilateral, Blma, Butter, Conv, Ema, Kama, LSMA, MAMA, MGDI, SSF, USF, ATR, ADL, and ADOSC documentation to use bullet points for key concepts and features. - Added a new Qodana configuration file for code analysis. - Removed coverage configuration from Quantower.Tests.csproj to streamline testing setup.
This commit is contained in:
@@ -16,9 +16,9 @@ ADL is a cumulative indicator, meaning it has infinite memory. Today's value dep
|
||||
|
||||
The core mechanic is the **Money Flow Multiplier (MFM)**, also known as the Close Location Value (CLV). This value ranges from -1 to +1:
|
||||
|
||||
- **+1**: Close = High (Maximum Accumulation)
|
||||
- **-1**: Close = Low (Maximum Distribution)
|
||||
- **0**: Close is exactly in the middle
|
||||
* **+1**: Close = High (Maximum Accumulation)
|
||||
* **-1**: Close = Low (Maximum Distribution)
|
||||
* **0**: Close is exactly in the middle
|
||||
|
||||
This multiplier is then applied to the volume to determine the "Money Flow Volume" for the period.
|
||||
|
||||
@@ -66,6 +66,6 @@ $$
|
||||
|
||||
### Common Pitfalls
|
||||
|
||||
- **Gaps**: ADL ignores gaps. If a stock gaps up but closes near its low, ADL will register distribution, even if the price is higher than yesterday.
|
||||
- **Scale**: The absolute value of ADL is meaningless; it depends on the start date of the data. Only the *trend* and *divergence* matter.
|
||||
- **Volume Spikes**: A single bad data point with erroneous volume can permanently skew the ADL. Sanitize your data.
|
||||
* **Gaps**: ADL ignores gaps. If a stock gaps up but closes near its low, ADL will register distribution, even if the price is higher than yesterday.
|
||||
* **Scale**: The absolute value of ADL is meaningless; it depends on the start date of the data. Only the *trend* and *divergence* matter.
|
||||
* **Volume Spikes**: A single bad data point with erroneous volume can permanently skew the ADL. Sanitize your data.
|
||||
|
||||
Reference in New Issue
Block a user