Chaikins volatility indicator for MetaTrader4 (MT4) – free download
April 20, 2020 by Simon in indicators
In this section you can download Chaikins volatility indicator for MetaTrader4 (mt4):
Chaikins volatility indicator -> up to speed:
- The Chaikin oscillator is a tool for technical analysts that measures the accumulation-distribution line of moving average convergence-divergence (MACD).
- To calculate the Chaikin oscillator, subtract a 10-day exponential moving average (EMA) of the accumulation-distribution line from a 3-day EMA of the accumulation-distribution line.
- The purpose of the Chaikin oscillator is to identify underlying momentum during fluctuations in accumulation and distribution.
- A positive divergence signals a stock price is likely to rise, given the increase in accumulation. A negative divergence signals a stock price is likely to fall, given the increase in distribution.