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Chaikin Money Flow

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Description

The formula for Chaikin Money Flow is the cumulative total of the Accumulation/Distribution Values for 21 periods divided by the cumulative total of volume for 21 periods.

 

... Courtesy of StockCharts

 

 

Syntax

ChaikinMoneyFlow(int period)
ChaikinMoneyFlow(IDataSeries input, int period)

 

Returns default value
ChaikinMoneyFlow(int period)[int barsAgo]
ChaikinMoneyFlow(IDataSeries input, int period)[int barsAgo]

 

 

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

 

 

Parameters

input

Indicator source data (?)

period

Number of bars used in the calculation

 

 

Examples

// Prints the current value of a 20 period ChaikinMoneyFlow using default price type
double value = ChaikinMoneyFlow(20)[0];
Print("The current ChaikinMoneyFlow value is " + value.ToString());

 

 

Source Code

You can view this indicator method source code by selecting the menu Tools > Edit NinjaScript > Indicator within the NinjaTrader Control Center window.