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Re: Volume Indicators for MT4

ixion700, Wed Dec 27, 2023 7:43 pm

Hello dear @kvak. I have an idea for a volume based indicator and i hope you see into it if you find it interesting. As we know on original Chaikin oscillator's formula a 10 day exponential Ma is subtracted from a 3 day ema of accumulation-distribution line. Is it possible to change the indicator so that better smoothing types can be used in its formula instead of EMA and have mtf? In addition to that, the original Chaikin's idea was of a line crossing zero, but i think a smoothable signal line cross and a color change on slope can also help alot. Happy new year and holidays and many thanks to you in forward.
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