Cagliostro wrote: Thu Jun 27, 2024 7:05 pm Hello folks. I am testing this extensively as an alternative to CMF, that I consider the best volume indicator ever. Apologies for the code quality, it is essential, but works. I hope one of our brilliant coders would take a look at it for possible upgrades (MTF, smoothing, arrows, coloring, etc), in case there is a common interest.

Introduction to Dynamic Money Flux (DMF)
The Dynamic Money Flux (DMF) indicator is an advanced technical analysis tool designed to provide enhanced insights into market dynamics. Building on the concepts of traditional money flow indicators, DMF offers improved sensitivity and adaptability. The indicator is an evolution of the Chaikin Money Flow (CMF) indicator, which was developed by Marc Chaikin in the 1980s. CMF itself is derived from the Accumulation/Distribution Line, combining price and volume to gauge buying and selling pressure. DMF takes these foundational principles and integrates more sophisticated calculations to better capture market movements.