Chaikin Volatility

Expand / Collapse
 

Chaikin Volatility


Chaikin Volatility Indicator


The Chaikin Volatility Indicator evaluates the dynamics of the difference between the high and low rate. It estimates the market volatility by measuring the gap between the minimum and maximum. It is calculated as follows:


H-L (i) = HIGH (i) - LOW (i)

H-L (i - 10) = HIGH (i - 10) - LOW (i - 10)

CHV = (EMA (H-L (i), 10) - EMA (H-L (i - 10), 10)) / EMA (H-L (i - 10), 10) * 100

The rapid growth of this indicator over a short period of time indicates that the price is approaching the bottom level, while the fall of volatility over a longer period of time shows that the price is approaching a peak.

Envelopes and Moving Averages can also be used to confirm the Chaikin indicator signals.




Rate this Download:

Download File


Chaikin_Volatility.act Chaikin_Volatility.act (1.51 KB, 1,046 views)

User Comments

Click to subscribe to comments RSS feed...
No Member Photo by Stephan posted Monday, November 23, 2009
Sorry you don't have permission to rate comments. 0 Sorry you don't have permission to rate comments.
Thank you for this indicator!


Comment require login or registration.

Details
Type: SCRIPT

Article has been viewed 4,693 times.

Options