Name: Chaikin Oscillator
Rating: 4.066666666666666 (15 reviews)
Author: MetaQuotes

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Views:: 35142
Rating:: (15)
Published:: 2008.02.02 10:37
Updated:: 2014.04.21 14:52

CHO.mq4 (2.8 KB) view

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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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