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Chaikin Oscillator - MetaTrader 5 Script - MQL5 #2439 - MT4/MT5 Resources

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Chaikin Oscillator - indicator for MetaTrader 5

Chaikin Oscillator - indicator for MetaTrader 5

Chaikin oscillator with averaging type selection option.

The indicator uses the SmoothAlgorithms.mqh library class (must be copied to terminal_data_folder\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 on February 8, 2007.

Chaikin Oscillator - indicator for MetaTrader 5

Figure 1. Chaikin Oscillator


Attachment download

📎 cho.mq5 (13.92 KB)

📎 smoothalgorithms.mqh (134.03 KB)

Source: MQL5 #2439

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