Analyzing the behavior of Chaikin’s Volatility index I was wondering how it should behave in a modified version, following J.Ehlers suggestions, applying a stochasticization process to it, so this is the result.
Sure now it does not have much to do with the original one but it seems interesting and I would like to share it.
MT4 Indicator Download – Instructions
Stochasic Chaikin’s Volatility is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
Stochasic Chaikin’s Volatility provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install Stochasic Chaikin’s Volatility.mq4?
- Download Stochasic Chaikin’s Volatility.mq4
- Copy Stochasic Chaikin’s Volatility.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on Stochasic Chaikin’s Volatility.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator Stochasic Chaikin’s Volatility.mq4 is available on your Chart
How to remove Stochasic Chaikin’s Volatility.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
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