TD Pressure
TD Pressure measures the degree of accumulation (buying) and of distribution
(selling). TD Pressure is represented by a line or histogram displaying the
cumulative index of buying and selling, The formula combines price activity and
volume and their relationship with the previous bar's open, high, low, and close.
For further information on TD Pressure, please refer to Thomas R. DeMark, The New Science of Technical Analysis, New York: John Wiley & Sons, 1994, Chapter 5, Accumulation Distribution.
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Parameters