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Chaikin Oscillator

Chaikin Oscillator

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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.


cho_2.gif
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Salvador
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