CHV (Chaikin Volatility)

Indicator Description

CHV (Chaikin Volatility) is a volatility indicator that reflects market volatility and trend changes by calculating the price volatility range.

Function Information

• Function Name: CHV
• Input Parameters: High, Low
• Parameter Settings: timeperiod (default: 13)
• Output: None

Calculation Principle

CHV reflects market volatility by calculating the price volatility range. When the CHV value increases, it indicates increased market volatility; when the CHV value decreases, it indicates reduced market volatility.

Application Scenarios

1. Volatility analysis
2. Trend strength judgment
3. Market sentiment assessment
4. Trading signal generation

Usage Suggestions

1. Increasing CHV value can be seen as increased market volatility
2. Decreasing CHV value can be seen as reduced market volatility
3. Use in combination with price trends
4. Pay attention to changes in volatility