Category Oscilators Published on 05/09/2013

Chaikin Oscillator

Description

Based on the definition of Accumulation/Distribution Index
Chaikin oscillator is formed by subtracting a 10-day exponential moving average from a 3-day exponential moving average of the accumulation/distribution index.
The formula for Accumulation/Distribution Index is:

$CLV = { (close - low) - (high - close) \over high - low }$

$accdist = accdist_{prev} + volume \times CLV$

Note:
This implementation may not be entirely correct. Any comments are appreciated.

Source Code

gorin

Joined on 16.07.2013

Distribution: Free
Language: C#
Trading platform: cTrader Automate
File name: Chaikin Oscillator.algo
Rating: 0
Installs: 3286
Modified: 13/10/2021 09:54

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Comments

elucom10 · 4 years ago

I can only use this indicator on 1Day time frame, isn´t it posible to use this indicator on other time frames? Thank you.

mehrdad963 · 5 years ago

hi, why ctrader have not Accumulation/Distribution Index . please guide me.

thanks.

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