Chaikin Money Flow Indicator - Bull Flag Strategy

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Find out Chaikin Money Flow Formula
Calculation
The calculation for Chaikin Money Flow (CMF) has three distinct steps (for this example we will use a 21 Period CMF):
1. Find the Money Flow Multiplier

[(Close - Low) - (High - Close)] /(High - Low) = Money Flow Multiplier
2. Calculate Money Flow Volume

Money Flow Multiplier x Volume for the Period = Money Flow Volume
3. Calculate The CMF

21 Period Sum of Money Flow Volume / 21 Period Sum of Volume = 21 Period CMF
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