Chaikin Volatility (CV)

The Chaikin Volatility, developed by Marc Chaikin, uses the bar range to measure volatility by comparing the differences between the high and low prices using a standard rate of change formula. The Chaikin curve oscillated -100% and +100% of the difference, with values below 0 indicating lower volatility and values above 0 indicating higher volatility.

Configuration Options

  • Period: Number of bars to use in the calculations.
  • Moving Average Type: Type of moving average to use in the calculations:
    • Simple
    • Exponential
    • Time Series
    • Triangular
    • Variable
    • VIDYA
    • Weighted
    • Welles Winder
    • Hull
    • Double Exponential
    • Triple Exponential
  • Rate Of Change: TBD
  • Color Selectors: Colors to use for graph elements.
  • Display Axis Label: Whether to display the most recent value on the Y axis.


\[Chaikin\;Volatility = \left ( \frac{\left (High-Low\;Average)_{current} - (High-Low\;Average)_{n-periods\;ago} \right )}{(High-Low\;Average)_{n-periods\;ago}} \right )\times 100\]


\[(High-Low\;Average)= Exponential\;moving\;average\;of\;(High - Low)\; for\;n\text{-}periods\]