The Chaikin Indicator is a popular and free Forex indicator used by traders to analyze the market. Developed by Marc Chaikin, the Chaikin indicator is a combination of two moving averages, which helps traders identify potential trends in the Forex market. This indicator is useful for both short-term and long-term traders as it helps them identify potential entry and exit points. The Chaikin indicator is available for free on the MetaTrader 4 (MT4) platform. The indicator consists of two lines, the Chaikin line and the trigger line. The Chaikin line is a moving average of the Accumulation/Distribution line. The trigger line is a moving average of the Chaikin line. The Chaikin line measures the momentum of the market, while the trigger line is used to identify entry and exit points. The Chaikin Indicator is a useful and popular Forex indicator that is available for free on the MT4 platform. It helps traders identify potential entry and exit points, as well as potential trend reversals. By combining the Chaikin line and the trigger line, traders can use this indicator to make better trading decisions and maximize their profits.
MT4
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Indicator-screenshot-1-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Indicator-screenshot-2-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Indicator-screenshot-4-230x144.png)
![](https://www.mt4collection.com/wp-content/uploads/2023/06/Chaikin-Indicator-screenshot-3-230x144.png)
Chaikin
The Chaikin Indicator is a useful and popular free Forex indicator for the MT4 platform. The Chaikin Indicator is based on the Accumulation/Distribution Line (ADL), which was developed by Marc Chaikin. The indicator is calculated by subtracting the 26-day exponential moving average (EMA) from the 12-day EMA. The result is then plotted as a line on the price chart. The Chaikin Indicator is a useful tool for traders looking to identify potential reversals in the market.
Trading Style | , |
---|---|
Indicator Type | |
Timeframe | |
Platform |
0
People watching this product now!
Category: Stochastic
Downloads - 19
Description
Reviews (0)
Be the first to review “Chaikin” Cancel reply
How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
Related products
Wave Trend Oscillator
The Wave Trend Oscillator Indicator is a popular and free Forex indicator for MT4 that is useful for both novice and experienced traders. This indicator is designed to detect the trend and momentum of the market and provide traders with a visual representation of the trend direction. It then plots the waves on a chart and provides traders with a signal when the trend has reversed or is about to reverse. This indicator is also customizable, allowing traders to adjust the sensitivity of the indicator to their own trading style. With the Wave Trend Oscillator Indicator, traders can easily identify the trend of the market and make informed trading decisions.
AO Divergence
The AO Divergence Indicator is a useful BE4 tool for forex traders who want to identify divergence patterns in the market. This new MT4 indicator is popular with traders due to its effectiveness in spotting divergence patterns and predicting potential price reversals. It works by analyzing the Awesome Oscillator (AO) and highlighting divergence patterns that may indicate possible trend changes. The AO Divergence Indicator is easy to use and can be a valuable addition to any trader's toolbox.
FX5 MACD Divergence
The MACD FX5 Divergence Indicator is a new and popular forex indicator that runs on the MT4 platform. This is a free indicator that traders can use to identify potential trend reversals and momentum shifts. The indicator is based on the Moving Average Convergence-Divergence (MACD) indicator, which measures the distance between two moving averages. It analyzes the divergence between the MACD indicator and price action and then generates buy or sell signals. Use this indicator to better understand market trends and take advantage of potential profit opportunities.
3 Color MACD
The 3 Color MACD Indicator is a useful forex trading tool that is available for free on MT4. This popular indicator uses Moving Average Convergence Divergence (MACD) to help traders identify market trends and potential entry/exit points. The indicator is easy to use and can be applied to any currency pair or timeframe. It is ideal for both novice and experienced traders who want to enhance their trading strategy with a reliable technical indicator.
Synthetic VIX
The Synthetic VIX Indicator is a popular and free Forex indicator for the MT4 trading platform. The indicator utilizes a combination of price action and signals from multiple time frames to accurately predict market movements. The Synthetic VIX indicator can be used to identify potential entry and exit points in the market, as well as to identify trend reversals and breakouts. It is designed to provide traders with an easy to use and reliable indicator that can help them make informed trading decisions. With its accurate and reliable signals, the Synthetic VIX Indicator is a great tool for any trader looking to improve their trading performance.
Power Trend
The Power Trend indicator for MT4 is a new and free popular forex technical analysis tool that helps traders identify trends, their direction, and strength visually in different colors. The colored histogram of the Power Trend indicator helps traders plan their trading strategies by providing insights into the trend's strength and maturity level. The indicator changes color to indicate weak or strong trends, allowing traders to maximize their profits and exit the trade at the right time. Download the Power Trend indicator for free and enhance your trading experience.
Schaff Trend Cycle
The Schaff Trend Cycle indicator is a popular forex indicator for MT4, which determines market trends with high accuracy. Its values range from 0 to 100, with values above 75 indicating overbought and values below 25 indicating oversold. Whether you are a beginner or an experienced trader, the Schaff Trend Cycle indicator will help you make better trading decisions and improve profitability.
Reviews
There are no reviews yet.