ChaikinMoneyFlow (Function)
The ChaikinMoneyFlow series function calculates the 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.
Syntax
ChaikinMoneyFlow(Length)
Returns (Double)
A numeric value for the current bar.
Parameters
|
Name |
Type |
Description |
|
Length |
Numeric |
Sets the number of bars to use in the calculation. |