Traders use it to spot bullish and bearish divergences. A bullish divergence occurs when the asset price hits a new low, but the Ultimate Oscillator forms a higher low, signaling that selling pressure is exhausting. The Accumulation/Distribution (A/D) Indicator

Subtract that value from the current day's opening price to establish a .

The Definitive Guide to Futures Trading by Larry Williams: A Complete Modern Overview

The futures market has evolved significantly with the rise of high-frequency trading (HFT) and algorithmic execution. Modern versions of Larry Williams' guides focus on: