The Chaikin Oscillator (CHO) is a technical indicator that combines the Accumulation/Distribution Line (ADL) with a moving average of that line. It helps identify the momentum of the accumulation or distribution of a security.

The oscillator generates signals based on zero line crossovers. Positive values indicate buying pressure, while negative values suggest selling pressure. Traders use the Chaikin Oscillator to identify potential trend reversals or confirm the strength of a trend. By incorporating the Chaikin Oscillator into their analysis, traders gain insights into the momentum behind the buying and selling pressure within a security, enhancing their ability to make informed trading decisions.