Accumulation/Distribution Line uses the close location value (CLV) to weight volume. It measures whether volume is flowing into (accumulation) or out of (distribution) an asset.
Visual Encoding
X-Axis: Time (candle intervals)
Y-Axis: ADL value (auto-scaled)
Line: Cumulative A/D Line
Interpretation
Rising ADL = accumulation (smart money buying)
Falling ADL = distribution (smart money selling)
ADL divergence from price = leading signal
Data refreshes periodically — not real-time
Trading Signals
ADL rising while price consolidates = accumulation, bullish bias
ADL falling while price holds = distribution, breakdown risk