Chaikin Money Flow (CMF) Indicator for Meta Trader 4 Download - Free - [Trading Finder]

Marc Chaikin created the Chaikin Money Flow (CMF) indicator to measure money flow over a specified period. The CMF oscillator fluctuates between values of -1 to +1 and helps traders identify changes in money flow momentum. The CMF oscillator can detect reversal points and divergence by focusing on trading volume. The CMF oscillator is available on the Meta Trader 4 (MT4) platform and is set to a default period of 20.

Insicator Tabale

Bullish Trend

The increasing money flow indicates a positive trend in the daily chart of EUR/USD. The indicator's upward movement and position above the 0 level suggest an increase in money flow and demand for the currency pair. This typically signals a bullish sentiment in the market, where more investors are buying the Euro against the US Dollar.

Bearish Trend

In the 1-hour chart of XAU/USD, as the market liquidity decreases, the CMF (Chaikin Money Flow) oscillator moves below the 0 level. This decline in liquidity is accompanied by a downward price movement in the market, indicating that the decrease in money flow is leading to a bearish trend. This suggests that selling pressure is increasing, and the price of gold is dropping.

Indicator Setting

• UsedPeriods: Input Value
• InpVolumeType: Volume Type

Summary

The Chaikin Money Flow (CMF) indicator, when moving downwards from the 0 level, indicates an (Over Sold) condition and high supply. This situation is generally considered a sign of selling pressure. On the other hand, when the CMF indicator is above the 0 level, it can be interpreted as a buy signal or an indication of high demand (Over Bought).