Chaikin Money Flow compares total volume over the last n time periods
to total volume times the Close Location Value (CLV) over the last n
time periods. Developed by Marc Chaikin.
Usage
CMF(HLC, volume, n = 20)
Value
A object of the same class as HLC and volume or a
vector (if try.xts fails) containing the Chaikin Money Flow values.
Arguments
HLC
Object that is coercible to xts or matrix and contains
High-Low-Close prices.
volume
Vector or matrix of volume observations corresponding to the
HLC object.
n
Number of periods to use.
Author
Joshua Ulrich
Details
Chaikin Money Flow is calculated by taking dividing the sum of the Chaikin
Accumulation / Distribution line over the past n periods by the sum of
volume over the past n periods.