Taint's Chaikin Money Flow

2 thg 6, 2018

An adaptation of the standard Chaikin Money Flow. I've added the appropriate ranges to the indicator. Signals between 0.05 and -0.05 are to be disregarded. Signals greater than 0.2 or -0.2 are very strong signals. The addition of a moving average of the the Money Flow line has proven to be quite beneficial through back testing. It's best use case is for confirming trend/momentum changes on larger time frames when trading Bitcoin. I find the VWMA and SMA work best. EMA has it's uses, but I've found a 50 period EMA is more useful on shorter time frames. CMF is a powerful tool if used correctly.

3 thg 6, 2018

Phát hành các Ghi chú

You now have the option to highlight bullish and bearish divergences.