Chaikin Volatility
The Chaikin Volatility indicator is the rate of change of the trading range. The indicator defines volatility as a increasing of the difference between the high and low. A rapid increases in the Chaikin Volatility indicate that a bottom is approaching. A slow decrease in the Chaikin Volatility indicates that a top is approaching.
The Chaikin Volatility indicator was developed by Marc Chaikin.
Formula:
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