Determining Price Reversal Trend Using Chaikin Volume Indicator

Chaikin Indicators: Combining Price and Volume | Desjardins
The Chaikin Money Flow and the Chaikin Oscillator are two indicators that analyze the strength of a price trend based on trading volume. They are represented by charts: a divergence between the price trend and these indicators shows that most investors believe less and less in the current price trend and that a trend reversal is in the making.

Chaikin Oscillator - Volume Accumulation Technical Analysis
The Chaikin Oscillator or Volume Accumulation Oscillator consists of the difference between two exponential moving averages (usually 3 and 10-day) of the Accumulation Distribution Line indicator and might be used to confirm price movement or divergences in price movement. The Chaikin Oscillator is considered to be more accurate than the On Balance Volume indicator (see: On Balance Volume).

Chaikin Oscillator [ChartSchool]
First and foremost, it is important to remember that the Chaikin Oscillator is an indicator of an indicator, measuring momentum for the Accumulation Distribution Line. This makes it at least three steps removed from the price of the underlying security. First, price and volume are reshaped into the Accumulation Distribution Line.

9 Tools That Trend Traders Can Use to Find Reversals
But with experience, you can use price swings to find areas of potential reversals. #2: Trend Lines. Trend lines are essential to a trend trader’s search for reversals. A trend line defines and tracks a trend. The basic signal of a trend reversal is when price breaks a trend line. However, false breaks are common.

Price Volume Trend (PVT) - TradingView Wiki
Price Volume Trend (PVT) is used to measure momentum or buying and selling pressure. When price adjusted volume on up days outpaces price adjusted volume on down days, then PVT rises. When price adjusted volume on down days outpaces price adjusted volume on up days, then PVT falls.

Forex Volume Indicators | Forex Indicators Guide
The methodology of using Volume indicators When Volume increases it indicates a growing interest in the market, therefore it may strengthen a main trend or start a new trend; When Volume decreases it indicates that interest in the market is decreasing, which calls for either a trend reversal or temporary market consolidation;

How to Use Volume to Improve Your Trading
Chaikin money flow can be used as a short-term indicator because it oscillates, but it is more commonly used for seeing divergence. Figure 6 shows how volume was not confirming the continual lower lows (price) in Apple stock. Chaikin money flow showed a divergence that resulted in a move back higher in the stock.