The Advance/Decline Cumulative Average strategy is based upon the eponymous technical indicator which calculates cumulative sum of the advance-decline value and compares it with its SMA. The Buy order is added when study's CumulAD plot is higher than the average; Sell order when it is lower.

Input Parameters

Parameter Description
exchange Defines the market providing the advance/decline data.
length The number of bars used in calculation of the SMA.

Further Reading

1. "Low-Frequency Trading" by Ron McEwan. Technical Analysis of Stocks & Commodities, April 2013.