I update code to strict, added average pack, arrows and alerts.newbie4ever wrote: Thu Jun 20, 2024 12:10 pm Thanks kvak, very appreciated, I am comparing this indicator with Twiggs money flow, put aside the histogram these 2 look very similar.
TMF is more smooth at core without jurik smoothing eventho have more jigsaw, and seems to have more reliable signal for trend traders.
But TSV is more sensitive to short-term price fluctuations and produces more accurate divergence signals, as well as signals for pullback trading with less lag entry and exit.
And because it is more sensitive, when TSV breaks the threshold by a large distance, it can also be a signal of a medium to long-term reversal.
Edit: Maybe i can ask for jurik smoothing apply to TSV also for further testing?
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Re: Volume Indicators for MT4
kvak, Sat Jun 22, 2024 7:49 am