Charts

Chaikin Volatility (CV)

Description

The Chaikin Volatility, developed by Marc Chaikin, uses the bar range to quantify volatility and compares prior values to current to create this indicator.

Formula

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

where:

\[(High-Low\;Average)= Exponential\;moving\;average\;of\;(High - Low)\; for\;m-periods\]