Chaikin Money Flow with Enhancements

This enhanced version of the Chaikin Money Flow (CMF) indicator is designed to help traders better understand market sentiment by visualizing momentum shifts and trends based on volume-weighted accumulation and distribution.

CMF Calculation: The CMF line is calculated using the typical CMF formula, which compares the close price to the high/low range, weighted by volume.

Fading Color Zones: Green and red fading zones are added between the CMF line and the zero line. Green represents bullish momentum (CMF above zero), and red represents bearish momentum (CMF below zero). These zones highlight key shifts in market sentiment.

Cross Detection: The indicator detects when the CMF crosses above or below the zero line, signaling potential trend changes. The price and CMF values at the time of the cross are stored and can be used for further analysis.

Average Line: A configurable moving average of the CMF is plotted to provide a smoothed trendline, helping traders identify the overall direction of market sentiment.

This indicator is ideal for traders who want to enhance their technical analysis by incorporating volume-weighted momentum indicators and identifying trend reversals more clearly.