APC Companion – Volume Accumulation/Distribution

Indicator Description (TradingView – Open Source)

APC Companion – Volume Accumulation/Distribution Filter
(Designed to work standalone or together with the APC Compass)

What this indicator does

The APC Companion measures whether markets are under Accumulation (buying pressure) or Distribution (selling pressure) by combining:

Chaikin A/D slope – volume flow into price moves

On-Balance Volume momentum – confirms trend strength

VWAP spread – price vs. fair value by traded volume

CLV × Volume Z-Score – detects intrabar absorption / selling pressure

VWMA vs. EMA100 – confirms whether weighted volume supports price action

The result is a single Acc/Dist Score (−5 … +5) and a Coherence % showing how many signals agree.

How to interpret

Score ≥ +3 & Coherence ≥ 60% → Accumulation (green) → market supported by buyers

Score ≤ −3 & Coherence ≥ 60% → Distribution (red) → market pressured by sellers

Anything in between = neutral (no strong bias)

Using with APC Compass

Long trades: Only take Compass Long signals when Companion shows Accumulation.

Short trades: Only take Compass Short signals when Companion shows Distribution.

Neutral Companion: Skip or reduce size if there is no confirmation.

This filter greatly reduces false signals and improves trade quality.

Best practice

Swing trading: 4H / 1D charts, lenZ 40–80, lenSlope 14–20

Intraday: 5m–30m charts, lenZ 20–30, lenSlope 10–14

Position sizing: Increase with higher Coherence %, reduce when below 60%

Exits: Reduce or close if Score drops back to neutral or flips opposite

Disclaimer

This script is published open source for educational purposes only.
It is not financial advice. Test thoroughly before using in live trading.