Chaikin AD Line

Chaikin A/D Line measures the Advance/Decline of the market. This script takes that data to calculate a user-defined Moving Average and uses the direction of the MA to signal buys and sells.

Parameters

MA Type

The type of the Moving Average.

Valid types: Sma, Ema, Dema, Tema, Trima, T3, Mama, Kama, Wma

MA Length

Length of the Moving Average.