TCLVFunction
 
 
 

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TCLVFunction
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Unit
StatChar

Description
Accumulation / Distribution financial function.

For each source point (OHLC), this function calculates the "CLV" as follows :

CLV := ( (Close-Low)-(High-Close))/(High-Low)

Then it can optionally multiply the CLV by the Volume, and it can optionally acumulate the result to previous point calculation.

The Volume property refers to a series that contains volume values.

The Accumulate property (default True), defines if results are acumulated or not.




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