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In general, the candlestick charting technique originated in Japan in the XIII century. Its founder was the Japanese rice dealer Munehisa Homma from Osaka. He traded on the rice exchange and sought to understand the psychology of sellers and buyers. Thanks to the herald alert system, he promptly received information about the slightest price changes, and, accordingly, responded as quickly as possible. This contributed to the fact that he was able to achieve unprecedented results and make a profit on a hundred transactions in a row. Munehisa was awarded the title of samurai for his outstanding services and received the right to be an adviser to the emperor. You can see his portrait in this picture.
Popular article: Chaikin Oscillator
It is commonly known that the concept of Accumulation /Distribution indicator is contained in the theory stating that force of pressure of purchasers or vendors can be calculated in relation to Close price to High and Low of a respective time period. In other words, it can be stated that when price closes in the upper half of trade range (distance between High and Low), purchasers dominate on the market, or when price closes in the bottom half of trade range, there is a pressure from the side of vendors.
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