CMF T3 Indicator is the histogram version of the Chaikin Money Flow Index by Marc Chaikin. The idea behind CMF indicator lies in the combination of price and volume to show the money flow over for a set period. CMF default period is 21 days.

Hence, the formula CMF shows the sum of the values ​​of the 21 period Accumulation / Distribution Line 21 divided by the sum of the volume over the chosen period:

sum ((((CL) – (HC)) / (HL)) * V) / sum


  • C – Close
  • L – Low
  • H – High

Chaikin Money Flow Index T3


  • File: CMF_T3_v1.1.mq4
  • Size: 3 Kb
CMF T3 posted by is rated 5 / 5 on 610 reviews.

Leave a Reply

Your email address will not be published. Required fields are marked *

Protected by WP Anti Spam