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Description
Chaikin's Money Flow (CMF) is a price/volume oscillator developed by Marc Chaikin to detect accumulation or distribution of equities. When CMF is above +0.10 accumulation is said to be occurring. When CMF is below -0.10 it signals distribution. EAS plots CMF as a histogram. Positive values of CMF are plotted in green and negative values are plotted in red. The +0.10 and -0.10 signal lines are plotted as dotted, light gray (silver) lines.



The View title displays the most recent value of the CMF. The Titlebar Chart Code for this indicator is cmf. (see EAS Titlebar Chart Codes)

Inputs
The single lookback period for this function p0 is the period over which CMF is calculated.

Output Data & Plotting
If returnflag is set to "data" a (b-a+1)-row by 1-column matrix of data will be returned. The output is only valid for data points beyond the lookback period, p0, in time. The output is the value of the CMF at any given point in time.

Background Reading
Further information regarding this indicator can be found in the following resources:

Stockcharts.com CMF

"Technical Analysis of Stocks & Commodities" Magazine, August 2000