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Chaikin Money Flow oscillator #987

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merged 1 commit into from
Dec 27, 2017
Merged

Chaikin Money Flow oscillator #987

merged 1 commit into from
Dec 27, 2017

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yura505
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@yura505 yura505 commented Dec 26, 2017

Chaikin Money Flow should not be used as a stand-alone indicator, but it's very useful for trend confirmation by volume. Positive CMF would confirm an uptrend, but negative CMF would call into question the strength behind an uptrend. The reverse holds true for downtrends. I use it with length 20 and threshold 0.05

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@DeviaVir DeviaVir left a comment

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👍 thanks for contributing

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2 participants