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Chaikin Money Flow Indicator
Chaikin Money Flow (CMF) measures the amount of Money Flow Volume over a specific period, typically 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator.
Chaikin Money Flow sometimes only briefly crosses the zero line with a move that turns the indicator barely positive or negative. There is no follow-through and this zero line cross ends up becoming a whipsaw (bad signal).
To avoid the false positives, this implementation of the CMF two thresholds: the bullish threshold a little above zero (+0.05) and the bearish threshold a little below zero (-0.05).
Note: the two thresholds can be customized.
A like is always appreciated. :-)
Chaikin Money Flow sometimes only briefly crosses the zero line with a move that turns the indicator barely positive or negative. There is no follow-through and this zero line cross ends up becoming a whipsaw (bad signal).
To avoid the false positives, this implementation of the CMF two thresholds: the bullish threshold a little above zero (+0.05) and the bearish threshold a little below zero (-0.05).
Note: the two thresholds can be customized.
A like is always appreciated. :-)
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該腳本是閉源發佈的，您可以自由使用。您可以把它加入到常用以在圖表上使用它。您無法查看或修改其原始碼。
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