Chaikin Money Flow
Chaikin Money Flow compares total volume over the last
n time periods
to total volume times the Close Location Value (CLV) over the last
time periods. Developed by Marc Chaikin.
CMF(HLC, volume, n = 20)
Object that is coercible to xts or matrix and contains High-Low-Close prices.
Vector or matrix of volume observations corresponding to the
Number of periods to use.
Chaikin Money Flow is calculated by taking dividing the sum of the Chaikin
Accumulation / Distribution line over the past
n periods by the sum of
volume over the past
A object of the same class as
volume or a
try.xts fails) containing the Chaikin Money Flow values.
When Chaikin Money Flow is above/below +/- 0.25 it is a bullish/bearish signal. If Chaikin Money Flow remains below zero while the price is rising, it indicates a probable reversal.
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