Volatility Chaikins Formula

  • Article

The Volatility Chaikins formula calculates the exponential moving average of the difference between daily high and low prices, then calculates the rate of change of the exponential moving average.

Formula Details

Syntax

Chart.DataManipulator.FinancialFormula(
    FinancialFormula.VolatilityChaikins,
    "PeriodEMA,PeriodROC",
    "High,Low",
    "VC")

Parameters

This formula takes two optional parameters.

  • PeriodEMA
    Period for calculating the exponential moving average of the difference between the high and low prices. The default value is 10.

  • PeriodROC
    Period for calculating the rate of change. The default value is 10.

Input Values

This formula takes two input Y values.

  • High
    Daily high price.

  • Low
    Daily low price.

Output Value

This formula outputs one Y value.

  • VC
    Volatility Chaikins indicator.

Remarks

The Line chart type is a convenient chart type to display the formula output.

Example

The following example takes input from Series1's Y values for the daily high and low prices (Series1:Y,Series1:Y2), and outputs the Volatility Chaikins indicator on Series3 (Series3:Y). It uses a period of 15 days to calculate both the exponential moving average and the rate of change.

Chart1.DataManipulator.FinancialFormula (FinancialFormula.VolatilityChaikins, "15,15", "Series1:Y,Series1:Y2", "Series3:Y")

Chart1.DataManipulator.FinancialFormula (FinancialFormula.VolatilityChaikins, "15,15", "Series1:Y,Series1:Y2", "Series3:Y");

See Also

Reference

Exponential Moving Average Formula

Rate of Change Formula

System.Windows.Forms.DataVisualization.Charting

System.Web.UI.DataVisualization.Charting

Concepts

Financial Formulas

Applying Formulas