Chaikin Oscillator


Function Name: chaikin

Tags: Oscillator

Category: Volatility

The Chaikin Oscillator compares a slow exponential moving average and a fast exponential moving average of the Volume Accumulation Distribution, and plots the result in a line that oscillates above and below a zero line. The Volume Accumulation Distribution uses the relationship between the Open and the Close of the bar, and the range of the bar, to weight and characterize the volume as Accumulation (buying) or Distribution (selling).

The Chaikin Oscillator uses averages and differences to provide a different view of this data. Because the Chaikin Oscillator uses exponential averages, the numeric value of the Chaikin Oscillator will depend on the data available in the chart.

The most common use of this indicator is to identify divergences between a market's price activity and the oscillator.


Author:   Marc Chaikin





Default Value: 0


Type: Boolean



Default Value: -1


Type: Boolean