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Chaikin Oscillator

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Description

The Chaikin Oscillator is simply the Moving Average Convergence Divergence indicator (MACD) applied to the Accumulation/Distribution Line. The formula is the difference between the 3-day exponential moving average and the 10-day exponential moving average of the Accumulation/Distribution Line. Just as the MACD-Histogram is an indicator to predict moving average crossovers in MACD, the Chaikin Oscillator is an indicator to predict changes in the Accumulation/Distribution Line.

 

... Courtesy of StockCharts

 

 

Syntax

ChaikinOscillator(int fast, int slow)
ChaikinOscillator(IDataSeries input, int fast, int slow)

 

Returns default value
ChaikinOscillator(int fast, int slow)[int barsAgo]
ChaikinOscillator(IDataSeries input, int fast, int slow)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

fast

The number of bars to calculate the fast EMA

input

Indicator source data (?)

slow

The number of bars to calculate the slow EMA

 

 

Examples

// Prints the current value of a ChaikinOscillator using default price type
double value = ChaikinOscillator(3, 10)[0];
Print("The current ChaikinOscillator value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window.