Author: Giaras
If you're looking to enhance your trading strategy, the Stochastic Chaikin Volatility indicator is a game-changer. This modified version of the classic Chaikin Volatility indicator offers a stochastic perspective, presented in the form of a sleek signal cloud.
To get started, you'll need to utilize the SmoothAlgorithms.mqh library classes. Make sure to place this file in your <terminal_data_folder>\MQL5\Include directory. For a comprehensive guide on using these classes, check out the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
This indicator had its origins in MQL4, and it was first published on Code Base at mql4.com on June 14, 2016. It’s evolved since then, and now you can take advantage of its features in MetaTrader 5!
Fig.1. Stochastic Chaikin Volatility Indicator
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