VolumeMetaTrader 5 • MQL5
Chaikin Money Flow Indicator for MetaTrader 5
21-period CMF measures institutional buying and selling pressure
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About This Indicator
Chaikin Money Flow oscillates between -1 and +1 to measure whether a market is under accumulation or distribution. Readings above zero indicate buying pressure; below zero indicate selling. Includes color zones and alerts.
Key Features
- CMF oscillator with zero-line reference
- Color zones: green positive, red negative
- Alert when CMF crosses above or below zero
- Configurable period (default 21)
- Signal line overlay for smoothed signals
Frequently Asked Questions
What does CMF above zero mean?
CMF above zero means more volume is occurring on up bars - institutional accumulation or buying pressure.
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