Study based on Rob Hoffman's Accumulation/Distribution Breakout strategy.
- Green circle on the top wick indicates a "Distribution" wick
- Red circle on the bottom wick indicates an "Accumulation" wick
- A distribution wick in an uptrend gets marked as a Key Resistance. This is marked with green crosses
- An Accumulation wick in a downtrend gets marked as a Key Support. This is marked with red crosses
- Breaking above the Key Resistance indicates a buy entry. This is marked by a green background.
- Breaking below the Key Support indicates a sell entry. This is marked by a red background