Syntax
Public Function ChaikinMoneyFlow(chart_ID As Long, volumeVal As ENUM_VOLUME_METHOD,period As Integer) As StringDescription
The Chaikin Money Flow oscillator is a momentum indicator that stops buying and selling by calculating price and volume together.
This indicator is based upon Chaikin Accumulation/Distribution, which is in turn based upon the premise that if a stock closes above its midpoint [(high+low)/2] for the day
Parameters
| Key | Description |
| chart_ID | Chart identifier, 0 is the current chart, a value of type Long |
| volumetypeforcalculation can be one of the ENUM_VOLUME_METHOD. |
|
| period | The calculation period, on which the indicator will be calculated, a value of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (chaikinMoneyFlow(0,volume_low,14))'Draws the indicator on chart and shows a message box with the indicator name.End SubSee Also