Johnny_Nickles

Cashflow

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Cashflow analysis is a current measure of cash flowing into and out of a commodity. This indicator will color sell signals as red and buy as green. Market noise is yellow. Change the moving average of the Cashflow indicator to color your desired buy and sell triggers.
Nota Keluaran:
Updated this version to better display current cashflow status. Cashflow simply is change in close price times volume. I believe this tells me current interest in that changing price, supply and demand. Since most of trading today is automated, this indicator displays on/off notifications of the computers current trend. The way I see the indicator is each red large candle is a sword stabbing a large cash filled balloon. Each stab of the bears sword leaves pools of blood from the lambs. More blood means sinking balloon. The candles are colored based on comparisons to current cashflow and average cashflow. User has control over desired moving average length. I recommend logical moving averages. 12 weeks or 1 quarter makes sense. 6-8 hours for an hourly would also make sense. I have spent dozens of hours perfecting the moving averages. What I have found each chart is different. I recommend adjusting the cashflow moving average until the buys and sells make sense. This baby is not perfect, keep your stops tight and AVOID consolidation days.

I am making this public because I want everyone to make more money. Give it a like if this indicator is profitable. Suggestions welcome.
Nota Keluaran:
Added more color to give a more thorough story of the market.

Green = buy
Yellow = close long
Red = short
Orange = close short
Grey = noise

I recommend matching a moving average to the price action and then using that same moving average value in the Cashflow settings. If you find a better way to visualize, please make suggestions!
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Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.

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