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An oscillator created by subtracting a 10-day Exponential Moving Average (EMA) from a three-day EMA of the accumulation /distribution line. This technical analysis tool compares the day's closing price to the intraday high and intraday low through this calculation: volume x [(close-low)- (high-close)] / (high - low). The figure is calculated daily and then a running total is kept. The oscillator is created by comparing the three-day moving average to the ten-day moving average.