# Charts

## Chaikin Money Flow (CMF)

### Description

The Chaikin Money Flow, developed by Marc Chaikin, attempts to determine buying and selling pressure by comparing the closing price in relation to the bar range (High - Low) and volume.

### Formula

$CMF = \frac{\sum_{1}^{n} Money\;Flow\;Volume}{\sum_{1}^{n} Volume}$

where:

$Money\;Flow\;Volume = Money\;Flow\;Multiplier_{n} \times Volume_{n}$

$Money\;Flow\;Multipler = \frac{\left ( (Close_{n}-Low_{n}) - (High_{n} - Close_{n}) \right )}{(High_{n}-Low_{n})}$