Chaikin Money Flow CMF Indicator

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Chaikin Money Flow (CMF) developed by Marc Chaikin is a volume-weighted average of accumulation and distribution over a specified period. The standard CMF period is 21 days. Megapro employs CMF as a trend investing measurement metric. Trend strength (TS) and trend reversal (TR) ratings are provided for three major index ETFs: SPY, QQQ, and IWM.

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