Chaikin Money Flow

The Chaikin Money Flow chart study is simply a Moving Average of the Accumulation/Distribution. The Moving Average used is either a Simple Moving Average or an Exponential Moving Average. You can choose which one is used under 'edit'. The selected period can also be changed under 'edit'.

Parameters: Period & Use Exponential Moving Average (EMA) or not.

For additional help on what the different parameters mean, that isn't included on this page, click here.

Chaikin Money Flow

Here is an example of the Chaikin Money Flow chart study (on a London Stock Exchange graph)

Reading the study:

The Chaikin Money Flow is often used to confirm breakouts, if a breakout above a resistance level occurs, the Chaikin Money Flow should have a positive value before you follow it. Similarly, the Chaikin Money Flow should be negative if you are going to follow a breakdown below a support level.

Reading the study:

Here is an example of the Chaikin Money Flow and the price line (of the London Stock Exchange), and what it may indicate