Chaikin Volatility (CHV) – indicator MetaTrader 5

Chaikin Volatility
Chaikin’s volatility indicator calculates the spread between the maximum and minimum prices. It judges the value of volatility basing on the amplitude between the maximum and the minimum. Unlike Average True Range, Chaikin’s indicator doesn’t take gaps into account. According to Chaikin’s interpretation, a growth of volume indicator in a relatively short space of time

Chaikin Volatility Index With a Smoothing Algorithm Selection – indicator MetaTrader 5

XCHV
The main difference of this indicator from its standard equivalent is the possibility to change the smoothing algorithm by selecting an appropriate one out of ten algorithms present: SMA – simple moving average; EMA – exponential moving average; SMMA – smoothed moving average; LWMA – linear weighted moving average; JJMA – JMA adaptive average; JurX

Chaikin Oscillator – indicator MetaTrader 5

XCHO (Chaikin Oscillator)
Chaikin Oscillator is named after its author Marc Chaikin and based on the Accumulation/Distribution indicator and a number of Joe Granville and Larry Williams works. The presented variant of this popular indicator allows to select the smoothing algorithm out of ten possible variants: SMA – simple moving average; EMA – exponential moving average; SMMA –

Chaikin Oscillator – indicator MetaTrader 5

Figure 1. Chaikin Oscillator
Chaikin Oscillator with the averaging type selection option. The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article “Averaging Price Series for Intermediate Calculations Without Using Additional Buffers”. This indicator was first implemented in MQL4 and published in CodeBase on 08.02.2007. Figure