Chaikin Oscillator

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(ISeries\<double\> input, int fast, int slow)

Returns default value

ChaikinOscillator(int fast, int slow)[int barsAgo]

ChaikinOscillator**[ISeries\<double\> 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	input	slow
The number of bars to calculate the fast EMA	Indicator source data (Series<T>)	The number of bars to calculate the slow EMA

Examples

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

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.