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Colourful Chaikin Money Flow for Amibroker (AFL)
Rating:
5 / 5 (Votes 3)
Tags:
chaikin, oscillator, amibroker
This is the Afl for the Chaikin Money Flow indicator, with the addition of colouring to indicate bearish and bullish money flow.
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Indicator / Formula
Copy & Paste Friendly
_SECTION_BEGIN("Chaikin Money Flow");
function CMF(r1)
{
Graph0=Sum(IIf( H>L && V>0,((( C-L )-( H-C )) / ( H-L ))*V,0),r1) / Sum(V,r1);
dynamic_color = IIf( Graph0> 0, colorGreen, colorRed );
Plot(Graph0, "Chaikin Money Flow ("+r1+")", dynamic_color, styleHistogram | styleThick);
}
r1=Param("Periods", 21);
CMF(r1);0 comments
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