Syntax
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Public Function ChaikinMoneyFlow(volumeVal As ENUM_VOLUME_METHOD, period As Integer) As String |
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 then there was accumulation that day, and if it closes below its midpoint, then there was distribution that day.
Parameters
| Key | Description |
| volumeVal | The value can be one of ENUM_VOLUME_METHOD |
| period | Period as integer |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
See Also