Quan Money Flow

2019年6月14日

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.

2019年6月14日

發行說明

Updated to USD/JPY to have longer view in term of time.

2019年7月4日

發行說明

Updated UI.
Updated buy and sell signal logic.

2019年7月12日

發行說明

Add option to use a test price instead of current close price.

2019年7月12日

發行說明

Update view.

2019年7月12日

發行說明

Update short name.

2019年8月2日

發行說明

Update price text.

2019年8月2日

發行說明

Update chart.

2021年1月7日

發行說明

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.

2021年1月7日

發行說明

Add option to reduce the repainting issue.

2024年8月5日

發行說明

Enhance auto resolution.
Auto choose source now.