Chaikin Money Flow (NNFX Version)

Category: volume, momentum

Measures the amount of Money Flow Volume over a specific period, quantifying buying and selling pressure based on close location within the high-low range.

Formula

CMF = \frac{\sum_{i=1}^{n} (\frac{(Close_i - Low_i) - (High_i - Close_i)}{High_i - Low_i} \times Volume_i)}{\sum_{i=1}^{n} Volume_i}

Inputs

• InpLength (default: 20)
• InpVolume (default: VOLUME_TICK)

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