Dynamic Money Flow (DMF) indicator with Filled Area + Fast & Slow MA & Slope Coloring
I had a ugly duck, you made a beautiful swan.mrtools wrote: Sat Jun 29, 2024 8:31 am Saw a version kinda like this at Tradeview was thinking it may be of some use, the filled area is actually a fast/slow ma of dmf cross. Also added coloring for the regular dmf crossing zero.
What about this? CLICKCagliostro wrote: Thu Jul 04, 2024 2:32 am Colored Chaikin Money Flow with Jurik MA
immagine_2024-07-03_182303121.png
I am testing a lot of volume indicators to improve trend identification and avoid false breakouts, but also to anticipate trend reversal for low TF countetrend scalps. I originally wanted to smooth the CMF with Jurik ma, but my coding ends here and wasn't able to do it. So the result is a colored CMF, that changes tone when goes above or below zero (useful for automation), with an optional Jurik MA.
On low TF it seems better than normal CMF, as jurik is very reactive. Just sharing, perhaps useful.
+C+
Hello again Mr. Kvak, I wish you the best.
Hello, here is version with filter and calculation pre-smoothing.Alphonse91 wrote: Sun Jul 14, 2024 6:59 am Hello again Mr. Kvak, I wish you the best.
Can you add a filter and smoothing option to this TSV indicator, please?
Thank you very much, best wishes.
!!TSV (fl+quantile)1.3.ex4
Really niceCagliostro wrote: Thu Jul 04, 2024 2:32 amColored Chaikin Money Flow with Jurik MA
On low TF it seems better than normal CMF, as jurik is very reactive. Just sharing, perhaps useful.
Thank you very very much Mr. Kvak!kvak wrote: Mon Jul 15, 2024 6:58 am Hello, here is version with filter and calculation pre-smoothing.
Best wishes. for you too....
