Difference between the fast and slow EMA of the accumulation/distribution line.
The Chaikin Oscillator is built as the difference of two exponential moving averages of the ADL: a fast one (3-period) and a slow one (10-period). A zero cross from below is a potential buy signal, from above — a sell signal. It is used to detect divergences with price.
Formula:
ADL = Accumulation Distribution Line
Chaikin Osc = EMA(ADL, fast) - EMA(ADL, slow)
Signal = EMA(ChaikinOsc, signal)
Parameter Type Default Range / Values Fast Lengthint 3 1-100 Signal Lengthint 9 1-50 Slow Lengthint 10 1-200
Trigger Direction Condition Description Signal line cross up 🟢 Buy The main line crossed the signal line from below — a buy signal. The Chaikin Oscillator line crosses the signal line from below — a bullish cross. Signal line cross down 🔴 Sell The main line crossed the signal line from above — a sell signal. The Chaikin Oscillator line crosses the signal line from above — a bearish cross. Zero cross up 🟢 Buy The indicator line crossed zero from below — a buy signal. The Chaikin Oscillator line crosses the zero level from below. Zero cross down 🔴 Sell The indicator line crossed zero from above — a sell signal. The Chaikin Oscillator line crosses the zero level from above. Histogram crosses zero up 🟢 Buy The histogram crossed zero from below — a buy signal. The histogram (Chaikin Oscillator) crosses the zero level from below — a bullish signal. Histogram crosses zero down 🔴 Sell The histogram crossed zero from above — a sell signal. The histogram (Chaikin Oscillator) crosses the zero level from above — a bearish signal. Slope turns positive 🟢 Buy The indicator’s slope turned positive — an upward reversal. The Chaikin Oscillator line changes its slope from downward to upward — the indicator stopped falling and started rising. Slope turns negative 🔴 Sell The indicator’s slope turned negative — a downward reversal. The Chaikin Oscillator line changes its slope from upward to downward — the indicator stopped rising and started falling. Line diverges from signal ↕️ Both The distance between the main line and the signal line increased by the specified amount. The Chaikin Oscillator line moves away from the signal line — momentum is strengthening. Line converges to signal ↕️ Both The distance between the main line and the signal line decreased by the specified amount. The Chaikin Oscillator line converges to the signal line: the distance narrows, a cross may be forming.
Parameter Type Default Range / Values Min Delta (Line converges to signal, Line diverges from signal)float 0 0>
