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RE: [amibroker] Re: Chaikin Money Flow question



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<FONT face=Arial color=#0000ff 
size=2>Agreed, I too prefer Twiggs...... I think I may have posted this to the 
library a while ago but if not here is the code I use. As for time settings... 
there is no right one but you can tweak the settings using param to find a 
useful "Fit" over your time horizon......
<FONT face=Arial color=#0000ff 
size=2> 
 
//* Twiggs Money Flow 
http://www.incrediblecharts.com/technical/twiggs_money_flow.htm 
*//
pds=<FONT 
color=#0000ff>Param("TMF 
periods",17<FONT 
size=2>,1,<FONT 
size=2>100,1<FONT 
color=#282828 size=2>);
TRH=<FONT 
color=#0000ff>Max(<FONT 
size=2>Ref(<FONT 
size=2>C<FONT 
size=2>,-1),<FONT 
size=2>H<FONT face=Arial 
color=#0000ff>); 
TRL=<FONT 
color=#0000ff>Min(<FONT 
size=2>Ref(<FONT 
size=2>C<FONT 
size=2>,-1),<FONT 
size=2>L<FONT face=Arial 
color=#0000ff>);
tr=<FONT 
color=#0000ff>ATR(<FONT 
size=2>1<FONT face=Arial 
color=#0000ff>);
ADV=((<FONT 
face=Arial color=#0000ff>C<FONT 
color=#0000ff>-TRL)-(TRH-<FONT 
size=2>C<FONT 
size=2>))/(IIf(TR==<FONT 
size=2>0,999999<FONT 
size=2>,TR))*V<FONT 
color=#282828 size=2>;<FONT 
color=#008000 size=2>
<FONT face=Arial 
color=#0000ff>//ADV=((C-TRL)-(TRH-C))/tr*V;<FONT 
color=#282828 size=2>
sadv=<FONT face=Arial 
color=#0000ff size=2>Wilders<FONT face=Arial 
color=#0000ff>(Adv,pds);
svol=<FONT 
color=#0000ff>Wilders(<FONT 
size=2>V<FONT face=Arial 
color=#0000ff>,pds);
TMF=sadv/svol; <FONT 
color=#0000ff size=2>
_N<FONT color=#282828 
size=2>( mstr = "("<FONT color=#282828 
size=2>+WriteVal<FONT color=#282828 
size=2>(pds,1.0<FONT color=#282828 
size=2>) + ")"<FONT 
color=#282828 size=2> );<FONT color=#0000ff 
size=2>
Plot<FONT color=#282828 
size=2>(tmf,"Twiggs Money Flow"<FONT 
color=#282828 size=2>+mstr,IIf<FONT 
color=#282828 size=2>(tmf>0<FONT 
color=#282828 size=2>,colorGreen<FONT 
face=Arial>,<FONT 
size=2>colorRed<FONT color=#282828 
size=2>),2<FONT color=#282828 
size=2>);
GraphXSpace<FONT 
face=Arial>=<FONT 
size=2>5<FONT face=Arial 
color=#0000ff>;
 
 
Regards, 
Jayson 
<FONT face=Tahoma 
size=2>-----Original Message-----From: jtelang 
[mailto:jtelang@xxxxxxxxx]Sent: Saturday, October 18, 2003 10:42 
PMTo: amibroker@xxxxxxxxxxxxxxxSubject: [amibroker] Re: 
Chaikin Money Flow questionBill,I myself am not 
a fan of CMF, but if at all I were to use it, I'd use a modified version of 
it called Twiggs Money Flow (it made more sense to me). Read more about it 
here -<A 
href="">http://www.incrediblecharts.com/technical/twiggs_money_flow.htmJitu--- 
In amibroker@xxxxxxxxxxxxxxx, Bill Pritchard <billpritjr@xxxx> 
wrote:> Curious how many people use Chaikin Money Flow as part of 
their analysis.  If so, could you please pass along what is the 
"overall best" time period to use?>  > I use dual SMA 
crossover to trade stocks, mostly SP 500 index stocks, with a time frame of 
3 to 6 months from buy to sell or sell short to cover.>  
> Looking to enhance my trading and CMF seems like possible good 
indicator>  > comments, info wanted!>  
>  > > > 
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