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.
Идея простыми словами
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.
Как считается
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)Как использовать
- 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.
Выводы
- Use with the price trend: signals in the trend's direction are more reliable.
Пример
A stock drifts sideways while the Chaikin Oscillator rises above zero for two weeks: buyers are quietly accumulating; a breakout follows.
Цены в примерах приведены для иллюстрации.
На что обратить внимание
- On currencies and CFDs, "volume" is tick volume (the number of price changes), a rough proxy for activity.
Немного истории
Marc Chaikin developed both the A/D line and this oscillator.
Только образовательный материал. Ни один индикатор или паттерн не предсказывает будущее, и ничто здесь не является инвестиционной рекомендацией.