TMF uses true range, rather than daily Highs minus Lows. Also, uses Wilder's MA rather than SMA/EMA.
Since I had to write Wilder's MA (WiMA) for TMF, I have published that also as a separate indicator. WiMA is like EMA, but with a different "alpha" value.
How to include this in your charts? ----------------------------------------------- - Click on "Share" button (top right on this chart). A dialog box opens up. - Click on "Make it mine" button. This will create a copy of my published chart for you to edit. - You can click on "{}" button next to the indicator name to get access to the source code. - Save it to your CustomScripts library.
Good work man. I had actually programmed the Twiggs Money Flow a Month or so ago for a developer that uses it we will be bringing on board. He uses the Twiggs Money Flow in all of his work.
LazyBear
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Thx :)
ChrisMoody
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Here is a version I coded...same results but I found a code that uses a "Threshold Line". I found it useful for filtering out the chop...and creating a rule for Bullish and Bearish Divergences.
Hi Chris,
I just was directed to your code on Twiggs Money Flow by someone else when I requested it be programmed. I notice it's not an indicator but a script. How do I put it on a chart so I can use it as a script. I'm not a programmer and am not sure how to add it to my scripts that I save for use over again.
Thanks for your help.
Surfdude, Chris
SurfDude
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I just kept looking and found how to do it on another post you did. Thx! One thing I was wondering was how you got the white line around the histogram. It doesn't seem to come up on mine.
Thanks
Surfdude
SurfDude
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I figured it out again - change my background to black instead of white!
Thanks again for the indicator.
Chris
ChrisMoody
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no problem...just posted a new video on the Videos page on the updated way to get custom indicators...it's the first video...