Formula:
MFO = Sum(MFV)/Sum(Volume) with [Period] number of periods, where
MFV = Multiplier*Volume,
Multiplier[i] = [(High[i]-Low[i-1])-(High[i-1]-Low[i])]/[(High[i]-Low[i-1])+(High[i-1]-Low[i])].
Download:
MFO.lua- (1.84 KiB) Downloaded 644 times
Money Flow oscillator
Moderator: admin
Money Flow oscillator
by Alexander.Gettinger » Tue Sep 22, 2015 11:38 am
This indicator has been described in the Stock&Commodities (October 2015).
Formula:
MFO = Sum(MFV)/Sum(Volume) with [Period] number of periods, where
MFV = Multiplier*Volume,
Multiplier[i] = [(High[i]-Low[i-1])-(High[i-1]-Low[i])]/[(High[i]-Low[i-1])+(High[i-1]-Low[i])].
Download:
Formula:
MFO = Sum(MFV)/Sum(Volume) with [Period] number of periods, where
MFV = Multiplier*Volume,
Multiplier[i] = [(High[i]-Low[i-1])-(High[i-1]-Low[i])]/[(High[i]-Low[i-1])+(High[i-1]-Low[i])].
Download:
- Alexander.Gettinger
- FXCodeBase: Confirmed User
- Posts: 3785
- Joined: Wed Mar 31, 2010 9:40 pm
- Location: Russia, Omsk
Re: Money Flow oscillator
by Apprentice » Fri Oct 12, 2018 5:09 am
The indicator was revised and updated.
-
Apprentice - FXCodeBase: Confirmed User
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- Joined: Thu Dec 31, 2009 11:59 am
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