PROTECTED SOURCE SCRIPT
Updated Quan Money Flow

This indicator used to check the power in price and volume while the money going in and out of the market. It takes combination of price power, its direction and volume into consideration.
*** Can be used on long term chart (monthly or weekly) or even short-term one like daily, hourly chart.
*** Indicator colors:
- Red: trend down
- Green: trend up
*** Guide to use this indicator:
- Buy when it is under 0 and starts going up.
- Be hesitate to buy when the indicator is over 0, as your risk is big and the reward is low.
- Always put a stop when you go in the market, as NO indicator can guarantee you 100% correct all the time.
*** Can be used on long term chart (monthly or weekly) or even short-term one like daily, hourly chart.
*** Indicator colors:
- Red: trend down
- Green: trend up
*** Guide to use this indicator:
- Buy when it is under 0 and starts going up.
- Be hesitate to buy when the indicator is over 0, as your risk is big and the reward is low.
- Always put a stop when you go in the market, as NO indicator can guarantee you 100% correct all the time.
Release Notes
Updated to USD/JPY to have longer view in term of time.Release Notes
Updated UI.Updated buy and sell signal logic.
Release Notes
Add option to use a test price instead of current close price.Release Notes
Update view.Release Notes
Update short name.Release Notes
Update price text.Release Notes
Update chart.Release Notes
Add resolution to reduce the noise of each bar (you still can use the original timeframe if you want too).Can use in any timeframe (5m, 15m, 1H, 1D, 1W, ...) to see the trend.
Note: this script has a small side affect of repainting as it uses resolution. Thus, you might want to wait a little bit before entering a trade.
Release Notes
Add option to reduce the repainting issue.Release Notes
Enhance auto resolution.Auto choose source now.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.