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- Views:
- 31002
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- Published:
- 2008.02.02 10:38
- Updated:
- 2022.01.17 10:26
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According to volatility interpretation method offered by Chaikin, the growth of the volatility indicator value in a short is the sign of a price's approaching to a base (for example, panic selling of securities), and volatility fall during a larger period denotes the closeness of a peak (e.g. in conditions of the mature bull market). Chaikin does not recommend relying on only one indicator. He offered to use a system of moving average crossing or a system of trade bands to confirm signals of this (or any other) indicator.
Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/7058
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