PINE LIBRARY
Chaikin Money Flow - Library
Library "Chaikin Money Flow"
cmf()
Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period.
Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of
Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically
20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists
weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can
also look for crosses above or below the zero line to identify changes on money flow.
The Accumulation Distribution Line was developed by Marc Chaikin to measure the cumulative flow of money into and
out of an index or security. The Accumulation/Distribution Line can be compared to the OBV (On Balance Volume),
which adds or subtracts volume depending on the closing price. Marc Chaikin chose a different approach, instead
of relying on the closing price, he used CLV (Close Location Value).
cmf()
Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period.
Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of
Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically
20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists
weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can
also look for crosses above or below the zero line to identify changes on money flow.
The Accumulation Distribution Line was developed by Marc Chaikin to measure the cumulative flow of money into and
out of an index or security. The Accumulation/Distribution Line can be compared to the OBV (On Balance Volume),
which adds or subtracts volume depending on the closing price. Marc Chaikin chose a different approach, instead
of relying on the closing price, he used CLV (Close Location Value).
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Pine腳本庫
秉持TradingView一貫精神，作者已將此Pine代碼以開源函式庫形式發佈，方便我們社群中的其他Pine程式設計師重複使用。向作者致敬！您可以在私人專案或其他開源發表中使用此函式庫，但在公開發表中重用此代碼須遵守社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。