Chaikin Money Flow (20-bar)Volume

Timeframe M1 · unit norm

What it measures

CMF weights each bar's volume by where the close falls within the high-low range (the Close Location Value). A 20-bar sum normalized by total volume produces a bounded value in [-1, +1] reflecting whether volume-weighted money is flowing in or out.

How Janira reads it (bullish vs bearish)

Values above +0.05 suggest net inflow - closes consistently in the upper half of bars. Values below -0.05 suggest net outflow. The extreme bounds of ±1 would require every bar to close at the very top or bottom of its range.

In plain language

Think of each candle as a tug-of-war between buyers and sellers. If the close is near the top, buyers won that candle. CMF averages those wins and losses, weighted by how much volume was at stake - it tells you who has been consistently winning over 20 candles.

Scenarios

CMF above +0.20: sustained bullish money flow; closes are consistently in the upper portion of recent ranges on above-average volume.
CMF below -0.20: sustained bearish money flow; sellers are pushing closes toward bar lows across recent volume.
CMF hovering near zero: money flow is balanced, neither buyers nor sellers gaining a consistent volume-weighted edge.
CMF diverging from price (e.g., price rising but CMF falling): the price trend may be developing without volume confirmation.

More volume indicators

OBV Slope (10-bar, normalized)Money Flow Index (14-bar, centred)Force Index (13-bar EMA, normalized)VWAP Distance (%)Accumulation/Distribution Slope (10-bar, normalized)Ease of Movement (14-bar EMA, normalized)Volume Oscillator (5 vs 20 SMA, %)Volume Price Trend Slope (10-bar, normalized)

Janira computes Chaikin Money Flow (20-bar) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.