|
PureBytes Links
Trading Reference Links
|
oops
In my CMF formula I should have said
CMF = ((close - low) - (high - close))
Then when you transpose you get
(close - low - high + close) which is the same as 2*close - high - low
Rick
--- In amibroker@xxxxxxxxxxxxxxx, "ricko8294_98" <ricko@xxxx> wrote:
> Actually, I believe the Intraday Intensity(II) and the Chaiken
> Moneyflow (CMF) indicators are identical.
>
> II = (2*close-high-low) / (high - low) * volume
> CMF = ((Close - low) - Close - high)) / (high - low) * voluume.
>
> If you reconfigure the "((Close - low) - (Close - high))" you get
> (close - close - high - low) - or (2*close - high - low)
>
> To normalize it I use
> Cmf = Sum(((( C-L )-( H-C )) / ( H-L ))*V, 21 ) / Sum(V,21); -
which
> divides the 21 day sum of the CMF by the sum of the volume also
over
> 21 days.
>
> I also go a step further and determine "MoneyFlow Persistency" by
> finding out how many days out of period "x" the 21-day CMF was
> positive. I believe that positive values suggest the stock is
being
> accumulated.
>
> For example, when I look at
> CMF60 =Sum((CMF > 0),60)/(60/100); and
> CMF45 =Sum((CMF > 0),45)/(45/100); (and a few other time periods) I
> believe the stock is being accumulated if these values are 80 or
> higher.
>
> I would be interested in comments
> Rick
>
>
> --- In amibroker@xxxxxxxxxxxxxxx, "bowbie89" <robm@xxxx> wrote:
> > Hello All,
> >
> > I am trying to implement the Intraday Intensity indicator which
is
> > based upon the following formula:
> >
> > II = (2*close-high-low)/(high-low)*volume
> >
> > This is the open ended version similiar to the Accumulation
> > Distribution indicator.
> >
> > I took a stab at this with the following but it is not correct:
> >
> > /*Intraday Intensity Idicator*/
> >
> > II=Cum(2*C-H-L)/(H-L)*V;
> >
> > Plot(II,"Intraday Intensity",colorBlue,styleLine);
> >
> > Thanks for any help on a correction.
> >
> > Rob
------------------------ Yahoo! Groups Sponsor --------------------~-->
Make a clean sweep of pop-up ads. Yahoo! Companion Toolbar.
Now with Pop-Up Blocker. Get it for free!
http://us.click.yahoo.com/L5YrjA/eSIIAA/yQLSAA/GHeqlB/TM
--------------------------------------------------------------------~->
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/amibroker/
<*> To unsubscribe from this group, send an email to:
amibroker-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|