PROTECTED SOURCE SCRIPT
Quan Money Flow
Mis à jour
This indicator used to check the power in price and volume while the money going in and out of the market. It takes combination of price power, its direction and volume into consideration.
*** Can be used on long term chart (monthly or weekly) or even short-term one like daily, hourly chart.
*** Indicator colors:
- Red: trend down
- Green: trend up
*** Guide to use this indicator:
- Buy when it is under 0 and starts going up.
- Be hesitate to buy when the indicator is over 0, as your risk is big and the reward is low.
- Always put a stop when you go in the market, as NO indicator can guarantee you 100% correct all the time.
*** Can be used on long term chart (monthly or weekly) or even short-term one like daily, hourly chart.
*** Indicator colors:
- Red: trend down
- Green: trend up
*** Guide to use this indicator:
- Buy when it is under 0 and starts going up.
- Be hesitate to buy when the indicator is over 0, as your risk is big and the reward is low.
- Always put a stop when you go in the market, as NO indicator can guarantee you 100% correct all the time.
Notes de version
Updated to USD/JPY to have longer view in term of time.Notes de version
Updated UI.Updated buy and sell signal logic.
Notes de version
Add option to use a test price instead of current close price.Notes de version
Update view.Notes de version
Update short name.Notes de version
Update price text.Notes de version
Update chart.Notes de version
Add resolution to reduce the noise of each bar (you still can use the original timeframe if you want too).Can use in any timeframe (5m, 15m, 1H, 1D, 1W, ...) to see the trend.
Note: this script has a small side affect of repainting as it uses resolution. Thus, you might want to wait a little bit before entering a trade.
Notes de version
Add option to reduce the repainting issue.Notes de version
Enhance auto resolution.Auto choose source now.
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