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: 3287
Modified: 13/10/2021 09:54

Download

Note that publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section, please use the Copyright Infringement Notification form to submit a claim.

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.

Copyright © 2024 Spotware Systems Ltd. All rights reserved.
The services provided by Spotware Systems Ltd. are not available to citizens or residents of the USA. Neither is the information on our websites directed toward soliciting citizens or residents of the USA.