Colourful Chaikin Money Flow for Amibroker (AFL)
nizamshah about 13 years ago Amibroker (AFL)
This is the Afl for the Chaikin Money Flow indicator, with the addition of colouring to indicate bearish and bullish money flow.
Indicator / Formula
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_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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