This post focuses on customizable Chaikin A/D Oscillator factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.
Display Chaikin AD Oscillator Values
Tags: chaikin a/d oscillator scanner, chaikin a/d oscillator screener, chaikin a/d oscillator stock screener, chaikin oscillator formula, chaikin oscillator indicator, chaikin oscillator interpretation, chaikin oscillator strategy
List symbols
Add Column Chaikin AD Oscillator as COsc
Apply to NSE
This scan displays the Chaikin Accumulation/Distribution (A/D) Oscillator Chaikin Accumulation/Distribution (A/D) Oscillator for all symbols in the NSE. It is important to note that in the ChartAlert scripting language, the abbreviation “A/D” is represented as “AD” to avoid confusion with the reserved symbol “/” which typically denotes division.
OPTION 1
To observe the functionality of the division symbol “/”, you can display the Chaikin A/D Oscillator values in thousands by implementing the following modification to the scan.
List symbols
Add Column Chaikin AD Oscillator/1000 as COsc
Apply to NSE
Chaikin A/D Oscillator turned to Positive
Tags: chaikin a/d oscillator above 0, chaikin a/d oscillator breakout, chaikin a/d oscillator crossover, chaikin a/d oscillator positive
List symbols where Chaikin AD Oscillator has crossed above 0 after remaining below for 3 bars
Add Column Chaikin AD Oscillator as COsc
Apply to NSE
This scan is designed to identify symbols in which the Chaikin A/D Oscillator has recently crossed above the 0 level after having stayed below it for 3 consecutive bars. Additionally, the scan report provides the specific value of the Chaikin A/D Oscillator for each symbol.
OPTION 1
The Chaikin A/D Oscillator is commonly utilized in conjunction with other indicators, including the Relative Strength Index (RSI), as demonstrated below.
List symbols where ChaikinOsc crossed above 0 after having remained below it for 3 bars
And RSI(14) has crossed above 55
Add Column ChaikinOsc as COsc
Add Column RSI(14) as RSI
Apply to NSE
OPTION 2
An alternative and more concise name for the Chaikin AD Oscillator is “ChaikinOsc.” Consequently, employing the following scan will yield identical outcomes:
List symbols where ChaikinOsc has crossed above 0 after remaining below for 3 bars
Add Column ChaikinOsc as COsc
Apply to NSE
Chaikin A/D Oscillator turned to Negative
Tags: chaikin a/d oscillator below 0, chaikin a/d oscillator breakout, chaikin a/d oscillator crossover, chaikin a/d oscillator negative
List symbols where Chaikin AD Oscillator has crossed below 0 after remaining above for 3 bars
Add Column Chaikin AD Oscillator as COsc
Apply to NSE
This scan is designed to identify symbols that meet the criteria of the Chaikin A/D Oscillator crossing below the 0 level after having stayed above 0 for a span of 3 bars. The output scan report will provide the value of the Chaikin A/D Oscillator.
OPTION 1
Additionally, it is common practice to employ the Chaikin A/D Oscillator in conjunction with other indicators, such as the Relative Strength Index (RSI), for a more comprehensive analysis. This combination can yield valuable insights into market trends and potential trading opportunities.
List symbols where ChaikinOsc crossed below 0 after having remained above it for 3 bars
And RSI(14) has crossed below 45
Add Column ChaikinOsc as COsc
Add Column RSI(14) as RSI
Apply to NSE
OPTION 2
The ChartAlert scripting language employs syntax that offers considerable flexibility. As an illustration, the language syntax can be modified as demonstrated below, while still achieving identical outcomes.
List symbols where ChaikinOsc crossed below 0 after having remained above it for 3 bars
Add Column ChaikinOsc as COsc
Apply to NSE
For comprehensive insights into the Chaikin A/D Oscillator, including its calculation methodology, effective utilization in trading, applicability to both trading and investing purposes, as well as an exploration of its advantages and limitations as an indicator, click here.