Money/In and Out Indicator

Discussion in 'Technical Analysis' started by bontrjd, Jan 24, 2011.

  1. bontrjd


    What's the name of the indicator that tracks the total money in and out of the stock market indicator?
  2. Are you thinking of the "Money Flow Indicator"?

    I never am too interested in this indicator because I don't know how they can figure out how the money flows based on stock prices.
  3. It's a very generic calculation that would be the same as plotting a spaceshuttle's trajectory [to the moon] with a straight line. It's not really how it works.
  4. oraclewizard77

    oraclewizard77 Moderator

    The CMF. (Chaikin Money Flow)

    Chaikin Money Flow Definition

    The chaikin money flow (CMF) was developed by Marc Chaikin and attempts to determine if a stock is under accumulation or distribution by comparing the closing price to the high-low range of the trading session. In Lehman's terms, if the stock closes near the high of the session with increased volume, the CMF increases in value. Conversely, if the stock closes near the low of the session with increased volume, the CMF decreases in value. The chaikin money flow indicator was developed as an expansion to the On Balance Volume indicator.
  5. Is this an intentional pun? Perhaps you mean layman?
  6. Useless. Sorry to tell. However, thanks for sharing.
  7. TapeReader

    TapeReader ET Sponsor

    Here's an indicator (updated in real-time and free) that rummages through Order Flow in the electronic futures markets.

    It is a little more advanced than Chaiken's and is geared towards today's electronic futures markets.

    It is pretty good at telling you whether the Buy or the Sell Programs are in charge...

    WOW Index by Algo Futures

    Hope this helps.
  8. Link doesn't work
  9. TapeReader

    TapeReader ET Sponsor

  10. WOW
    #10     Feb 1, 2011