Definitions
In plain terms
A gap between bars is not separately represented by the close-location formula.
Technical
Because MFM uses H_t, L_t, and C_t only, overnight or inter-session gaps require separate data fields or analysis.
Scope
ADL should not be described as a complete gap-aware order-flow measure.
Examples
- A reviewer computes ADL Gap Blind Spot from a small OHLCV fixture and checks readiness, units, and edge cases before publication.
Common misconceptions
- ADL should not be described as a complete gap-aware order-flow measure.
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
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
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
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
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.