Hello friends:
It's the result of my efforts to offer a simple (using Graphical idea) presentation.
Concepts, I know you know ;)
Bullish: When demand is greater than supply, the price goes up
sideways: When demand is equal to supply, the price goes sideways
Bearish: When supply is greater than demand, the price goes up down
Chaikin Money Flow (CMF)
The main advantage of the CMF is that this indicator can assess the buying pressure vs the selling pressure.
1- Smart money is accumulating = increase CMF volume + candle closes near the top of its price
2- Distribution = decrease CMF volume + candle closes near the bottom of its price
Question: How is The Chaikin Money Flow Calculated ?
answer: it's not important (a bit complex!)
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Comment:
Bearish: When supply is greater than demand, the price goes down