Public Function ChaikinMoneyFlow(chart_ID As Long, 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
|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.
Returns the handles of a technical indicator, in case of failure returns an empty string.
Public Sub main()AlertMessage (chaikinMoneyFlow(0,volume_low,14))'Draws the indicator on chart and shows a message box with the indicator name.End Sub
Leave A Comment