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.


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GO
gorin

Joined on 16.07.2013

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Chaikin Oscillator.algo
  • Rating: 0
  • Installs: 3329
  • Modified: 13/10/2021 09:54
Comments
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EL
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.

ME
mehrdad963 · 5 years ago

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

thanks.