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Chaikin Money Flow Indicator


Trading Indicator: Chaikin Money Flow Indicator
Created by: bug man on August 29, 2009.
The coding of this Technical Analysis method demanded 8 lines of code.
The function is called 'chaikin_mf' and it is coded using JScript.
It requires 1 input. The parameter is:
lookback (Type: Number - Default Value: 0): Lookback period

Example:
p = chaikin_mf(0);

Formula to draw the indicator on a chart:
Plot(chaikin_mf(0), "Chaikin Money Flow Indicator", colorRed);

Future and Past Bars:
The trading indicator does not require future bars. It needs no past bars.

Click on this link to download Chaikin Money Flow Indicator

Search terms used to find this trading item include Chaikin Money Flow indicator download, Chaikin Money Flow download, chaikin money flow, Chaikin Indicators ranking system, chaikin money flow indicator

The trading object is saved under the following categories: Technical Analysis

 Trading Indicators:
Fibonacci retracement: Golden ratio
ForceIndex
Price and Volume Trend
Ease of Movement Indicator
The DeMark's DeMarker indicator
Buy Indicator
Drawdown: Long and Short

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.