Kairos™

ChaikinMF - Chaikin Money Flow

The Chaikin Money Flow compares the total volume over the last n time periods to the total of volume times the Closing Location Value (CLV) over the last  n time periods.  The CLV calculates where the issue closes within its trading range.

When the Chaikin Money Flow is above 0.25 it is a bullish signal, when it is below -0.25, it is a bearish signal.  If the Chaikin Money Flow remains below zero while the price is rising, it indicates a probable reversal.

The Chaikin Money Flow (ChaikinMF) indicator on the daily chart Timeframe

The Chaikin Money Flow indicator on the daily chart