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Chaikin Oscillator (ADL Oscillator) [UTS]

The Chaikin Oscillator is basically an oscillator version of the Accumulation / Distribution Index, also known as ADL Indicator.

General Usage
The indicator runs both above and below zero, made to denote whether an asset is in a bullish (above zero) or bearish (below zero) trend.
It can be used to confirm trends, as well as spot possible trading signals due to divergences.
A benefit of the oscillator version is that it can produce LONG or SHORT signals on zero line cross.

Moving Averages
4 different Moving Averages are available:
  • EMA (Exponential Moving Average)
  • SMA (Simple Moving Average)
  • VWMA (Volume Weighted Moving Average)
  • WMA (Weighted Moving Average)

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