Chaikin Money Flow (CMF)

Template (v17+)

AVG((2 * C - L - H) / (H - L - (H = L)) * V, x) / (AVGVx - (AVGVx = 0))

Related Topics

AVG((2 * C - L - H) / (H - L - (H = L)) * V, x) / (AVGVx - (AVGVx = 0))

Formula using the Above 10 Period for 10 period (5 period simple moving average)

Then formula for 10 Period CMF crossing UP its 5 SMA

and formula for 10 Period CMF crossing Down its 5 SMA

I AM ASSUMING that i can take the formula and change the 10 to any other period to have the formula work for other CMF periods?

Thanks

I don't understand this "Formula using the Above 10 Period for 10 period (5 period simple moving average)".

ploting CMF , 10 period

Place a 5 period MA on the CMF 10

Then formula for 10 Period CMF crossing UP its 5 SMA

and formula for 10 Period CMF crossing Down its 5 SMA

We can create the formula, but is there a reason creating the condition from the chart won't work? It's much more simple to do that. Just a couple of clicks.

Creating conditions from the chart

Crossing Up Mov Avg 5

AVG((2 * C - L - H) / (H - L - (H = L)) * V, 21) / (AVGV21 - (AVGV21 = 0)) > AVG((AVG((2 * C - L - H) / (H - L - (H = L)) * V, 21) / (AVGV21 - (AVGV21 = 0))),5) AND AVG((2 * C1 - L1 - H1) / (H1 - L1 - (H1 = L1)) * V1, 21) / (AVGV21.1 - (AVGV21.1 = 0)) < AVG((AVG((2 * C1 - L1 - H1) / (H1 - L1 - (H1 = L1)) * V1, 21) / (AVGV21.1 - (AVGV21.1 = 0))),5)

For crossing down, just reverse the > and <.

i will build a pcf with other condtions with it, into one formula

thanks

looks like 21 period so i change 21 to 10?

Yes, I was testing against the default Chaikin plot while building the formula. Forgot you wanted 10 period.