aamonkey

Dynamic Money Flow with color switch [aamonkey]

"Dynamic Money Flow is a volume indicator based on Marc Chaikin's Money Flow with a few improvements.
It can be used to confirm break-outs and trends." (RezzaHmt)

This is the script from RezzaHmt called "Dynamic Money Flow".

All I did is the color change of the line because I find it easier to read that way.

Here you can find the original script explaining the theory behind this indicator:

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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