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).
Pine脚本库
秉承TradingView的精神，作者已将此Pine代码作为开源库发布，以便我们社区的其他Pine程序员可以重用它。向作者致敬！您可以私下或在其他开源出版物中使用此库，但在出版物中重用此代码须遵守网站规则。
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这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
Pine脚本库
秉承TradingView的精神，作者已将此Pine代码作为开源库发布，以便我们社区的其他Pine程序员可以重用它。向作者致敬！您可以私下或在其他开源出版物中使用此库，但在出版物中重用此代码须遵守网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。