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:
