Oscillators
Chaikin Oscillator
Shows whether money is flowing into or out of a market, by comparing short- and long-term trends of the Accumulation/Distribution line.
הרעיון במילים פשוטות
The Accumulation/Distribution line adds volume on days when the price closes near its high and subtracts it when it closes near its low. The Chaikin Oscillator is the momentum of that line, much as MACD is the momentum of the price.
איך זה מחושב
The difference between a 3-period and a 10-period exponential average of the A/D line.
Chaikin = EMA(A/D, 3) − EMA(A/D, 10)איך משתמשים בזה
- Crossing above zero: buying pressure is growing. Below zero: selling pressure is growing.
- Divergence: price making new highs while the oscillator makes lower highs is a warning.
הסקת מסקנות
- Use with the price trend: signals in the trend's direction are more reliable.
דוגמה
A stock drifts sideways while the Chaikin Oscillator rises above zero for two weeks: buyers are quietly accumulating; a breakout follows.
המחירים בדוגמאות להמחשה בלבד.
ממה להיזהר
- On currencies and CFDs, "volume" is tick volume (the number of price changes), a rough proxy for activity.
קצת היסטוריה
Marc Chaikin developed both the A/D line and this oscillator.
תוכן לימודי בלבד. שום אינדיקטור או תבנית לא חוזים את העתיד, ושום דבר כאן אינו ייעוץ השקעות.