OPEN-SOURCE SCRIPT

Chaikin Money Flow

Updated
This script plots the original Chaikin Money Flow in addition of highlighting positive/negative pressure areas.
Release Notes
v2.0

  • Added a conditional positive/negative line coloring
  • Extended the line coloring with a dynamic gradient option (over a configurable length)
  • Updated to the latest built-in indicator functionalities
  • Added minor improvements
chaikin_money_flowChaikin Money Flow (CMF)CMFFLOWmoneymoneyflowanalysismoneyflowsVolume IndicatorvolumeanalysisvolumeindicatorVolume

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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