chaikinMoneyFlow
The Chaikin Money Flow (CMF) is a volume-weighted average of accumulation/distribution over a specified period. Positive values indicate buying pressure, while negative values indicate selling pressure.
chaikinMoneyFlow (tick)
The Chaikin Money Flow (CMF) is a volume-weighted average of accumulation/distribution over a specified period. Positive values indicate buying pressure, while negative values indicate selling pressure.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 60 | The lookback period in minutes |
SQL example
TICK chaikinMoneyFlow WITH minutes=60 > 0.2 THEN order SET size=100, price=51.00, transmit=truemoneyFlowIndex
The Money Flow Index (MFI) is a volume-weighted RSI that measures buying and selling pressure. It helps identify overbought and oversold conditions, with values above 80 indicating overbought conditions and values below 20 indicating oversold conditions.
easeOfMovement
The Ease of Movement (EOM) is a volume-based indicator that measures the relationship between volume and price change. Positive values indicate that price is rising with relative ease, while negative values indicate that price is falling with relative ease.