This indicator adds Zero Lag principles to a modified Chaikin Money Flow.
This is essentially the Chaikin Money Flow indicator that uses true range to remove the issues that arise from gaps that the original CMF algorithm had. Then, momentum is used to remove lag from the indicator.
The Lag parameter is the lookback used for the momentum component
Система woodies построена от AСMF. Использовать со значениями 10 и 18. Цвета сами раскрасите. Красная линия 50 это зона набора или сброса позиций показывает истинные намерения рынка. Линия опережающего тренда CMF и сам тренд CMF.
Упрощённый вариант скрипта ACMF другого автора. Подлинник здесь
Используется со значениями 10 и 18 длинна для скальпинга 8, 10 эффект от объёма. Более наглядный вариант чем CMF из за фактора влияния объёма. Смотрите также WOODIES + CMF
TJ Money Flow, one of the most frequently used indicators by me.
This indicator is a modification of the CMF and it has great use and multiple interpretation possibilities.
I like treating it like the addition of StochRSI to RSI, just that TJ-MoneyFlow works like a "behind the scenes tool" of the volume indicator.
The first most important thing about it are...
Simple indicator, so there's not really much to enhance. This is a more colorful version of the built-in CMF.
// Developed by Marc Chaikin, Chaikin Money Flow measures the amount of Money Flow Volume over a specific period.
// Money Flow Volume forms the basis for the Accumulation Distribution Line. Instead of a cumulative total of
// Money Flow Volume, Chaikin...
This indicator adds stochastic, multi time frame, signal line, histogram, and bar coloring options to my previous indicators. It can also replicate standard Money Flow Index (MFI), Chaikin's Accumulation/Distribution Line (ADL), On Balance Volume (OBV) and Price-Volume Trend (PVT). This indicator can be used for analyzing momentum, buy/sell pressure,...
CMF+ is a CMF study enhanced with a linear regression moving average.
Linear Regression of CMF: 34
Activate Vertical Bar Highlights and/or Signal Flags for:
- CMF Oversold/Overbought. (Default: Highlight Bar)
- CMF Extended Oversold/Overbought. (Default: Highlight Bar)
- CMF crossing its Linear Regression . (Default: Signal Flag)...
This is Chaikin’s Money Flow indicator on a 0-100 scale with buy/sell signals, alerts and other bells & whistles.
- a fast EMA (16 periods by default),
- a slow MA (64 periods by default),
- 3 different sorts of crosses,
- big swings identification,
- buy/sell signals on CMFP crossing back from outside user-defined levels,
X - Momentum divergence
Y - RSI Divergence
Z - Stochastic oversold/overbought region
Filter some signals with cmf
Each overlap prints different combination example...
XY - Momentum + RSI
YZ - RSI + Stochastic
This indicator measures the "Effort" required to shift price.
By using Volume and Average True Range, it reveals how much volume was used to create each candle period.
The resistance threshold is set to 1.5x and will light up with an aqua or purple colour (bullish or bearish candle).
This means that the current bar is 1.5 times the previous bar and can be seen...
These are volume based indicators put onto an oscillator by using SMA for most of them. Most volume based indicators are leading indicators so you may find a use for each of them. The WMA is a length of 21, as suggested by the original inventor of OBV. It is useful for crosses and determining future moves.
What's currently included:
OBV Oscillator, remade. The...
Accumulation/Distribution Percentage (ADP) is used to measure money flow similar to Chaikin Money Flow (CMF) and Money Flow. It is the range-bound version of my previous indicator ADMF. This indicator can be used for analyzing momentum, buy/sell pressure, and overbought/oversold conditions. I believe that this indicator is more accurate than CMF and MFI (I will...
This indicator should be more accurate than other indicators in its class (including MFI, CMF, ADL, and OBV) for measuring buy/sell pressure, identifying trend change through divergence and calculating Accumulation/Distribution (A/D) level (I will explain why in a separate TA).
This indicator is based on my previous indicator "Accumulation/Distribution Volume"....
TL;DR: change the aggregation to EMA to achieve similar results to Twiggs Money Flow. Play with the rest of parameters to get the desired results.
This script allows customization of CMF. It also includes all the improvements made by Twiggs Money flow.
Regular CMF does not take price gaps into account as you can see in the chart below. True range fixes this...