TMoneyFlowFunction
 
 
 

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TMoneyFlowFunction
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Unit
StatChar

Description
The Money Flow Index function determines the strength of money flowing into or out of a security by comparing the volume of upward and
downward price changes over a given period of time.
Money flow by Marc Chaiken, the formula.

CMF = SUM(AD, n) / SUM(VOL, n)
where n = Period
AD = VOL * (CL - OP) / (HI - LO)
AD stands for Accumulation Distribution




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