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Chaikin money flow

Volume weighted by where in the candle the close landed.

Closes near the high with volume push it up, closes near the low push it down. Above zero is read as buying pressure.

In TradeXtool

Gate: Chaikin money flow(20) is above 0.

Watch out

Volume-based, so the caveats of crypto volume apply: in our own tests volume conditions added nothing.

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