Description
The Chaikin Money Flow oscillator is calculated by default as a cumulative total of the Accumulation/Distribution Values divided by the total volume for the same period.
It is considered a bullish signal, when the Chaikin Money Flow value is greater than zero, whereas bearish signals are indicated by negative values of the oscillator.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate the Chaikin Money Flow. |
Plots
| Plot | Description |
|---|---|
CMF
|
The Chaikin Money Flow oscillator. |
ZeroLine
|
Zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.