Definitions
In plain terms
It converts bar-close location into a signed volume contribution.
Technical
MFV_t = V_t × MFM_t; its unit is the dataset's volume unit and its sign follows close location.
Scope
MFV is an inferred contribution, not a venue-reported buy or sell volume field.
Formula
MFV_t = V_t × MFM_tMFV_t = V_t \times MFM_t| Symbol | Meaning | Unit |
|---|---|---|
V_t | current volume | volume |
MFM_t | money-flow multiplier | dimensionless |
Output unit: volume units
Examples
- A reviewer computes Money Flow Volume from a small OHLCV fixture and checks readiness, units, and edge cases before publication.
Common misconceptions
- MFV is an inferred contribution, not a venue-reported buy or sell volume field.
Concept relationships
Where this concept is used
Evidence and governance
- Accumulation/Distribution (A/D) Line TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Does not turn the line into market breadth, identify trade initiators, or eliminate gap blind spots.
- Chaikin Oscillator TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: The oscillator is not adopted as a causal or predictive claim for CMF or ADL.
- Volume indicators function group TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: Library compatibility does not by itself prove a project's seed, warm-up, or missing-data policy.
- Closing Price Investor.gov · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: A close is not automatically an adjusted close and may vary by market session convention.
- Reviewed by
- fintech-builder-batch-010
- Last reviewed
- 2026-08-01
- Next review
- 2027-08-01
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.