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Smoothed Chaikin Oscillator

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This indicator is a smoothed version of the standard Chaikin Oscillator.

It calculates the difference between the fast and slow exponential moving averages of the Accumulation/Distribution line. An additional smoothing setting has been added to reduce noise and provide a clearer view of momentum.

When the Smoothing Length is set to 1, the indicator produces the same values as the standard Chaikin Oscillator. Increasing this value creates a smoother oscillator, but may slightly delay its response.

The area between the oscillator and the zero line is colored green when the value is positive and red when it is negative.

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