OPEN-SOURCE SCRIPT
Money Flow Oscillator 2
A volume indicator that measures buying and selling pressure over a given lookback period.
As described at traders.com/Documentation/FEEDbk_docs/2015/10/TradersTips.html
See also:
- Are price updates a good proxy for actual traded volume in FX? <fxstreet.com/education/are-price-updates-a-good-proxy-for-actual-traded-201104220000>
- Using Tick Volume in Forex: A Clear NVO Based Example <mechanicalforex.com/2010/08/using-tick-volume-in-forex-clear.html>
As described at traders.com/Documentation/FEEDbk_docs/2015/10/TradersTips.html
See also:
- Are price updates a good proxy for actual traded volume in FX? <fxstreet.com/education/are-price-updates-a-good-proxy-for-actual-traded-201104220000>
- Using Tick Volume in Forex: A Clear NVO Based Example <mechanicalforex.com/2010/08/using-tick-volume-in-forex-clear.html>
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.