To Accumulate or not to Accumulate. That is the question.
I have recently added a new Trading method to my collection of simple trading methods that utilizes the Accumulation/Distribution indicator. For reference, this collection includes the RSI Buy & RSI Short trading methods – where you utilize one simple indicator to dictate trade entry & exit.
The following is a chart of ADVS (Advent Software) shown as a 5 minute chart with the Accumulation/Distribution indicator turned on:
As you can see there is a clear moment where the stock should be accumulated (Green Box). Note the Volume change as well during this time frame - a key tell there.
Give it a shot, experiment.
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