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Burhay Vlad Burhay Vlad 13.02.2017

The Money Flow Oscillator Indicator

One reliable alternative among existing algorithms which analyzes buying and selling pressure. MFO is a tool to measure money flow volume over a certain time interval. Original idea author is Vitali Apirine. MFO is all about measuring controversy, as bullish divergence signals about a lack of selling tension, and vice versa bearish divergence indicates a lack of buying tension. A threshold line is there to generate a market entry points. Simple and consistent tool to work along with other indicators from PTMC codebase as its another mission is to serve as additional trade filter.

MFO for PTMC

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13.02.2017 10
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