seiglerj

Chaikin Oscillator w/ crossovers [seiglerj]

Added background shading to system Chaikin Oscillator to show crossovers more easily.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comments

So you're expecting a reversal until the oscillators change again?
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seiglerj astrologychick
@astrologychick, I think this oscillator is more for indicating whether things are generally bullish or bearish, similar to MACD. If you want reversals maybe Money Flow Indicator would be more helpful.
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I didn't like the arrows as much as the shading since they were hard to see.
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