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Chaikin Oscillator - indicator for MetaTrader 4
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- 35412
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- Published:
- 2008.02.02 10:37
- Updated:
- 2014.04.21 14:52
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First, Chaikin Accumulation/Distribution (Volume Accumulation, VA) is calculated:
VA = {[(Close - Low) - (High - Close)] / (High - Low)}*Volume
Then Chaikin Oscillator is calculated:
CHO = SMA(VA, m) - SMA(VA, n),
where:
m is the higher order of the average;
n is the lower order of the average.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7761
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