TickMoneyFlow

[jojojo]

Here's another one for realtime.Not so bad.
Give it a try

[unicorn]

	Quote:	jojojo
	Here's another one for realtime.

Another moneyFlow indicator??

What is the formula for its computation?

Can you attach a screen-shot??

Thanks.
Unicorn.

[jojojo]

Here please.It's recomended to use it on 1Tick-chart.

inputs:
Length( 14 ),
AlertLength( 14 ),
OverSold( 20 ),
OverBought( 80 ),
OverSColor( Cyan ),
OverBColor( Red ) ;

variables:
MoneyFlowVal( 0 ) ;

MoneyFlowVal = MoneyFlow( Length ) ;

Plot1( MoneyFlowVal, "MoneyFlow" ) ;
Plot2( OverBought, "OverBot" ) ;
Plot3( OverSold, "OverSld" ) ;

{ Color criteria }
if MoneyFlowVal > OverBought then
SetPlotColor( 1, OverBColor )
else if MoneyFlowVal < OverSold then
SetPlotColor( 1, OverSColor ) ;

{ Alert criteria }
if LowestBar( C, AlertLength ) = 0 and LowestBar( MoneyFlowVal, AlertLength ) > 0 then
Alert( "Bullish divergence - new low not confirmed" )
else if HighestBar( C, AlertLength ) = 0 and HighestBar( MoneyFlowVal, AlertLength ) > 0 then
Alert( "Bearish divergence - new high not confirmed" ) ;

[unicorn]

	Quote:	jojojo
	Here please.It's recomended to use it on 1Tick-chart.

Thank you jojojo;

cheers.
Unicorn.