The Chaikin Oscillator is the Moving Average Convergence Divergence (MACD) applied to the Accumulation/Distribution. The formula is the difference between the S-day exponential moving average and the L-day exponential moving average of the Accumulation/Distribution Line (where S is a short period, typically 3, and L is a long period, typically 10). As the MACD-Histogram is an indicator to predict moving average crossovers in MACD, the Chaikin Oscillator is an indicator to predict changes in the Accumulation/Distribution Line.
Many of the signals that apply to MACD can be also applied to the Chaikin Oscillator. Just remember that these signals relate to the Accumulation/Distribution Line rather than to the price of the instrument itself.
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This indicator requires A/D indicator installed, so, please do not forget to download and install it first. A/D indicator can be found here: viewtopic.php?f=17&t=1961