PROTECTED SOURCE SCRIPT
Fund Master
Updated
Fund Master, Revision 1, 3Apr2022
A. About Fund Master
1. An Oscillator with values between -100 to 100, with intention to simulate Fund inflow and outflow.
2. Presented itself in the form of solid candles without upper and lower tails.
B. Features and Setting
1. Fund Master(FM) will show up by default.
2. User has the option to turn Fund Master Bull Bear Line(BBL), and the label. Label text size is adjustable.
3. User has the option to turn on FM crossover BBL (alert text is coB) or FM crossunder BBL (alert text is cuB)
4. User has the option to turn on FM crossover 0 (alert text is co0) or FM crossunder 0 (alert text is cu0)
5. Band 0 will be shown(default), user can turn on additional band with user input value
6. Table will be shown(default), provides information on Indicator Name, FM values, FM Turn Green/Turn Red status,
FM crossover/crossunder status.
7. Alertcondition features are included. User can set the alert using the Create Alert (the Clock Icon).
The alerts includes : FM crossover or crossunder BBL, FM crossover or crossunder 0, FM turns Green, FM turns Red.
C. Using the Indicator
1. Band 0, baseline to tell if a stocks is potentially moving into bullish trend(above 0) or into bearish trend(0).
Band 0, approximately exponential 30 day of closing price(EMA30). User may use EMA30 on price chart as reference.
2. BBL, baseline to tell if fund is moving in or moving out. Above BBL means inflow of fund, vice versa.
BBL, approximately exponential 20d ay of closing price. User may use EMA20 on price chart as reference.
3. Below Band 0
After FM crossunder 0 and continues to move down, it means outflow of fund, while fund is reducing,
chips are potentially accumulated during this stage.
After FM hitting the minimum, rebounds and moving up, but still below BBL, chips are potentially being accumulated.
User can use Chips Master to visualise the chips accumulation stage.
When FM crossover BBL and continues to move up, it means inflow of fund in pushing up the stock price.
4. Above Band 0
After FM crossover 0, continues to move up and stays above BBL, stocks potentially moving into bullish trend with inflow of fund.
During retrace, FM may turn from Green to Red and moves sideways, and FM may turn from Red to Green when stocks price rebounds.
User can set the alert to notify on FM turn Red/turn red (as mentioned in Section B, point 7)
5. User can use MCDX Plus to visualise the increase or decrease of Profitable Level as shown by the Red Bar.
User can look and golden cross or death cross of Moving Average of Profitable Chips and Locked Chips.
Death cross, stock trend most likely moving into chips accumulating stage, FM may move down towards 0 or moving down below 0.
Golden cross, stock trend most likely moving into bullish trend, FM may move up towards 0 or moving up above 0.
6. Top Deviation and Bottom Deviation
FM has the potential ability to demonstrate Top Deviation (Stock Price is moving up while FM is moving down) as well as
Bottom Deviation (Stocks price is moving down or sideway while FM is moving up).
This helps to prepare user to buy during Bottom Deviation or sell during Top Deviation.
It is not perfect, user needs to use their technical analysis judgement.
D. Smart Money System
Indicators published includes : Chips Master, BBD Master, MCDX Plus, Trend Master, Ladder Master, Deviation Master, Fund Master
Chips Master for studying chips accumulating by banker/smart money
BBD Master for studying the big buy net deviation by banker/smart money
MCDX Plus for studying the profitable and locked chips
Trend Master for studying the Price Trends
Ladder Master for studying the Trends reversal (mid term) and short term entry/exit
Deviation Master for studying the Top and Bottom Deviation.
Fund Master for studying fund inflow/outflow, chips accumulating, price push up, top deviation and bottom deviation.
E. Disclaimer :
1. Attached chart is for the purpose of illustrating the use of indicator, no recommendation of buy/sell.
2. Based on feedback, there may be unethical individual with no respects of author's effort and originality, either.
a. claiming the published indicators as theirs, for their own business purposes, or
b. claiming paying the author to develop the scripts, for their own business purposes, or
c. Copy and modify the scripts for their own business purposes
This scripts is locked for the time being to prevent those unethical malpractice.
Public users are welcome to use indicator for their technical analysis.
A. About Fund Master
1. An Oscillator with values between -100 to 100, with intention to simulate Fund inflow and outflow.
2. Presented itself in the form of solid candles without upper and lower tails.
B. Features and Setting
1. Fund Master(FM) will show up by default.
2. User has the option to turn Fund Master Bull Bear Line(BBL), and the label. Label text size is adjustable.
3. User has the option to turn on FM crossover BBL (alert text is coB) or FM crossunder BBL (alert text is cuB)
4. User has the option to turn on FM crossover 0 (alert text is co0) or FM crossunder 0 (alert text is cu0)
5. Band 0 will be shown(default), user can turn on additional band with user input value
6. Table will be shown(default), provides information on Indicator Name, FM values, FM Turn Green/Turn Red status,
FM crossover/crossunder status.
7. Alertcondition features are included. User can set the alert using the Create Alert (the Clock Icon).
The alerts includes : FM crossover or crossunder BBL, FM crossover or crossunder 0, FM turns Green, FM turns Red.
C. Using the Indicator
1. Band 0, baseline to tell if a stocks is potentially moving into bullish trend(above 0) or into bearish trend(0).
Band 0, approximately exponential 30 day of closing price(EMA30). User may use EMA30 on price chart as reference.
2. BBL, baseline to tell if fund is moving in or moving out. Above BBL means inflow of fund, vice versa.
BBL, approximately exponential 20d ay of closing price. User may use EMA20 on price chart as reference.
3. Below Band 0
After FM crossunder 0 and continues to move down, it means outflow of fund, while fund is reducing,
chips are potentially accumulated during this stage.
After FM hitting the minimum, rebounds and moving up, but still below BBL, chips are potentially being accumulated.
User can use Chips Master to visualise the chips accumulation stage.
When FM crossover BBL and continues to move up, it means inflow of fund in pushing up the stock price.
4. Above Band 0
After FM crossover 0, continues to move up and stays above BBL, stocks potentially moving into bullish trend with inflow of fund.
During retrace, FM may turn from Green to Red and moves sideways, and FM may turn from Red to Green when stocks price rebounds.
User can set the alert to notify on FM turn Red/turn red (as mentioned in Section B, point 7)
5. User can use MCDX Plus to visualise the increase or decrease of Profitable Level as shown by the Red Bar.
User can look and golden cross or death cross of Moving Average of Profitable Chips and Locked Chips.
Death cross, stock trend most likely moving into chips accumulating stage, FM may move down towards 0 or moving down below 0.
Golden cross, stock trend most likely moving into bullish trend, FM may move up towards 0 or moving up above 0.
6. Top Deviation and Bottom Deviation
FM has the potential ability to demonstrate Top Deviation (Stock Price is moving up while FM is moving down) as well as
Bottom Deviation (Stocks price is moving down or sideway while FM is moving up).
This helps to prepare user to buy during Bottom Deviation or sell during Top Deviation.
It is not perfect, user needs to use their technical analysis judgement.
D. Smart Money System
Indicators published includes : Chips Master, BBD Master, MCDX Plus, Trend Master, Ladder Master, Deviation Master, Fund Master
Chips Master for studying chips accumulating by banker/smart money
BBD Master for studying the big buy net deviation by banker/smart money
MCDX Plus for studying the profitable and locked chips
Trend Master for studying the Price Trends
Ladder Master for studying the Trends reversal (mid term) and short term entry/exit
Deviation Master for studying the Top and Bottom Deviation.
Fund Master for studying fund inflow/outflow, chips accumulating, price push up, top deviation and bottom deviation.
E. Disclaimer :
1. Attached chart is for the purpose of illustrating the use of indicator, no recommendation of buy/sell.
2. Based on feedback, there may be unethical individual with no respects of author's effort and originality, either.
a. claiming the published indicators as theirs, for their own business purposes, or
b. claiming paying the author to develop the scripts, for their own business purposes, or
c. Copy and modify the scripts for their own business purposes
This scripts is locked for the time being to prevent those unethical malpractice.
Public users are welcome to use indicator for their technical analysis.
Release Notes
Revision 2 : per user request, user can now change the colour of the Fund Master candle and the table cell colour in Inputs section. Disclaimer, chart used is for illustration purpose. No recommendation of buy/sell.
Release Notes
Revision 3 : Corrected bugs in computation. Disclaimer, chart used is for illustration purpose. No recommendation of buy/sell.
Release Notes
5May24 : added FM bar and Table. (See new publication for source-code open to public)Disclaimer : Chart for illustration purpose. No suggestion of buy/sell.
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.