Chaikin Money Flow

7 ม.ค. 2019

Simple indicator, so there's not really much to enhance. This is a more colorful version of the built-in CMF.

// Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period.
// Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of
// Money Flow Volume, Chaikin Money Flow simply sums Money Flow Volume for a specific look-back period, typically
// 20 or 21 days. The resulting indicator fluctuates above/below the zero line just like an oscillator. Chartists
// weigh the balance of buying or selling pressure with the absolute level of Chaikin Money Flow. Chartists can
// also look for crosses above or below the zero line to identify changes on money flow.

18 ม.ค. 2019

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Added optional Simple Moving Average.

12 ก.พ.

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Update script to Pine Script v5, and redo the plot background to prevent "color bleed" near the zero line.