Download MetaTrader 5
Watch How MetaTrader 4 Android Works

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2008.02.02 10:37
Chaikin Oscillator

Chaikin Oscillator - indicator for MetaTrader 4

| English Spanish Portuguese Japanese Russian Chinese

Views:
8928
Rating:
votes: 5
CHO.mq4 (2.8 KB)view

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 Software Corp.
Original code: https://www.mql5.com/ru/code/7761

Accumulative Swing Index - ASI Accumulative Swing Index - ASI

Accumulative Swing Index is used to analyze futures.

NRTR NRTR

A variation of a well-known Nick Rypock Trailing Reverse indicator.

Zigzag2 R Zigzag2 R

Zigzag2_R_ is a variant of the indicator Zigzag with an added option of drawing two extremums on one bar.

Chaikin's Volatility - CHV Chaikin's Volatility - CHV

The volatility indicator by Chaikin accounts for the spread changes between the maximal and minimal prices. It defines the volatility value based on the range width between the maximum and minimum.