Stochastic_Chaikins_Volatility - MetaTrader 5 script

Real author : Jarath

The Chaikin Volatility indicator is modified with a stochastic view and implemented in the form of a signal cloud.

The indicator uses SmoothAlgorithms.mqh library class (copy it to \MQL5\Include). The use of the class "Average price series for intermediate calculations without using additional buffers" is described in detail in the article.

The indicator was first implemented in MQL4 and published in the code base of mql4.com on June 14, 2016.

Figure 1. Stochastic_Chaikins_Volatility indicator

Attachment download

📎 SmoothAlgorithms.mqh (130.2 KB)

📎 Stochastic_Chaikins_Volatility.mq5 (17.56 KB)

Source: MQL5 #18004