Accumulation/Distribution Line (ADL)
The Accumulation/Distribution Line (ADL) is a volume-based indicator designed to measure the cumulative flow of money into and out of a security. It combines price and volume to show how strong a trend is. If the price is rising but the ADL is falling, it suggests that buying pressure is weak and the trend may reverse.
ADL
=ADL(data) Example Usage
=ADL(A2:F500)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
Returns
A two-column array of dates and their corresponding ADL values.
💡 Interpretation Note
Important: The ADL is a cumulative indicator. Its absolute value depends entirely on the start date of your data. Do not compare the specific number (e.g., “50,000”) to other platforms. Instead, look at the slope and direction. If the ADL line is rising while price is falling (divergence), it signals potential buying pressure.