The Accumulation Distribution Indicator MT4 is a well-known trend indicator for MetaTrader 4 and is designed to identify the direction of a trend. It correlates price and volume in the market, serving as an indicator of price movements. The accumulation/distribution line is displayed on an additional smaller chart providing valuable insights into the current market trend. An upward-trending A/D line confirms a bullish price trend, while a downward-trending A/D line confirms a bearish price trend.
This indicator is suitable for use by traders of all skill levels and across all time frames. Its versatility extends to trading multiple currency pairs within any forex trading system or strategy, for additional confirmation of a current trend.
Indicator Settings
How to Install Accumulation Distribution Indicator MT4
Download and extract files in the MetaTrader “Indicators” Data Folder found in the Main Menu File section:
The “Indicators” folder is located in the “MQL4” folder.
Restart MetaTrader Platform.
