I met somebody today who stated that Accumulation/Distribution was a really complete indicator since apart from opening price, it incorporated everything- closing price, high, low and last but not the least volume. He said similarly about some other market strength indicators and was skeptical on RSI, Stochastics etc since they do not incorporate volume and without volume price rises, declines can be deceptive. One can of course plot volume alongside RSI and observe but I found this quite interesting because of the common saying Volume precedes price.

If the above(A/D) is not true, which is the indicator likely to prove to be the most useful-majotiy of situations. I know TA is subjective but still

Any comments traderji?

If the above(A/D) is not true, which is the indicator likely to prove to be the most useful-majotiy of situations. I know TA is subjective but still

Any comments traderji?

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