Forex-Chaikin-Oscillator-Indicator
Watch the testing video here:
Chaikin Oscillator MetaTrader 4 Forex Indicator
Chaikin Oscillator MetaTrader 4 Forex Indicator
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. h
