Thank you very much. That is the most detailed/informative explanation I've read on CMF and makes perfect sense. SIFY finished up +.84 today. Unbelievable. I keep thinking it has to pull back and consolidate any day now.
Sorry for digging up such an old post but, my questions have to do with CMF. I just watched this video for about the 3rd time.
Can I assume that if I was using a 60 minute chart that the CMF calculation would then be 20 hours instead of 20 days like on a daily chart? Basically 20 candles for whatever timeframe you are looking at.
I was also wondering if you ever enter a stock with even or small negative pressure? Or do you only make entries if the pressure is strong and positive. I should clarify that I'm asking about short term swing trading or scalping, not long term holding.
I'm sure you get tired of hearing how generous you are with your time and how great this board is so I won't even go into that lol.
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