OPEN-SOURCE SCRIPT

CMF Correlation Coeff

This overlays CMF of the underlying (solid histogram) and a CMF of the ticker you are comparing it too. The pink line is the correlation coefficient of both CMFs. Experiment/work in progress.
Chaikin Money Flow (CMF)CMF

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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