Definitions
In plain terms
Each bar adds its signed close-location contribution to the prior level.
Technical
ADL_t = ADL_(t-1)+MFV_t; the level is volume-unit dependent and uses the declared seed.
Scope
Absolute levels inherit the data history and seed, so compare aligned paths carefully.
Examples
- A reviewer computes ADL Cumulative Level from a small OHLCV fixture and checks readiness, units, and edge cases before publication.
Common misconceptions
- Absolute levels inherit the data history and seed, so compare aligned paths carefully.
Concept relationships
Required by
Where this concept is used
Evidence and governance
- Accumulation/Distribution (A/D) Line TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Does not turn the line into market breadth, identify trade initiators, or eliminate gap blind spots.
- Chaikin Oscillator TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: The oscillator is not adopted as a causal or predictive claim for CMF or ADL.
- Volume indicators function group TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: Library compatibility does not by itself prove a project's seed, warm-up, or missing-data policy.
- Closing Price Investor.gov · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: A close is not automatically an adjusted close and may vary by market session convention.
- Reviewed by
- fintech-builder-batch-010
- Last reviewed
- 2026-08-01
- Next review
- 2027-08-01
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.