Volume
Chaikin Money Flow (CMF)
CMF measures buying and selling pressure over 20 candles, using where each close sits in its range and the volume.
How to read it
- Above zero = buying pressure; below zero = selling pressure.
- Readings above +0.1 or below −0.1 are stronger.
- Use it to confirm breakouts.
Settings
Default 20.
Example rule to test
Check idea: a breakout with CMF above zero is better supported than one with CMF below zero.
Common mistake
Reading tiny moves around zero as signals.
Try it free on iTradeChart
For learning only. Backtests use past data and do not guarantee future results. Not investment advice.