chaikinVolatility {TTR} | R Documentation |
Chaikin Volatility measures the rate of change of the security's trading range. Developed by Marc Chaikin.
chaikinVolatility(HL, ma = list("EMA", n=10))
HL |
Object able to be coerced to a matrix, which contains High-Low prices. |
ma |
A list whose first component is a string containing the moving average function name; additional parameters may also be specified as named components. |
The Chaikin Volatility indicator defines volatility as an increase in the difference between the high and low.
A vector containing the Chaikin Volatility values.
A rapid increase in Chaikin Volatility indicates an approaching bottom. A slow decrease in Chaikin Volatility indicates an approaching top.
Josh Ulrich
The following site(s) were used to code/document this indicator:
http://www.fmlabs.com/reference/ChaikinVolatility.htm
http://www.equis.com/Customer/Resources/TAAZ/Default.aspx?c=3&p=120
See EMA
, SMA
, etc. for moving average options; and note
Warning section. See TR
for another volatility measure.
data(ttrc) volatility <- chaikinVolatility(ttrc[,c("High","Low")])