Chaikin Money Flow (Indicator)
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Input Information
| Name | Expression | Default | Description |
| Length | Numeric | 21 | Number of bars in calculation. |
| Multiplier | Numeric | 100 | Number used to adjust the scale of the CMF value. Set to 1 for no scale adjustment. |
| AboveZeroColor | Numeric | Green | Color of histogram if CMF is greater than zero. |
| BelowZeroColor | Numeric | Red | Color of histogram if CMF is less than zero. |
| ColorCellBGOnAlert | TrueFalse | True | Change cell background color when true, otherwise false. |
| BackgroundColorAlertCell | Numeric | DarkGrey | Color of cell background to use if above value is True. |
Market Synopsis
The Chaikin Money Flow calculation is based on Accumulation/Distribution over a specified period divided by the sum of volume for the same period. It is used to determine the amount of buying of selling pressure.
Plot Information
| Number | Name | Default Color | Description |
| Plot1 | CMF | Green/Red | Plots Chaikin Money Flow a histogram. |
When applied to a chart, this indicator displays a histogram in a separate subgraph from the price data.