MetaStock™ Zone Forum & FAQ Artykuły Linki Elliott Waves EasyLanguage™ Zone

A B C D E F G H I J K L M N O P R S T U V W Y Z #

Persistence of Money Flow
The POMF%-Persistency of Money Flow Percentage Indicator

. To: "metastock@xxxxxxxxxxxxx" <metastock@xxxxxxxxxxxxx>
. Subject: The POMF%-Persistency of Money Flow Percentage Indicator
. From: Marcel Knechtle <marcelknechtle@xxxxxxxxxxx>
. Date: Sun, 10 Oct 1999 21:23:32 +0200
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

All,

I am a new user of Metastock 6.52 and enjoy working with the software.

I have the following problem:
I cannot find the Metastock formula for the Marc Chaikin s POMF% -Persistency of Money Flow Percentage Indicator.

The 1 Day Money Flow Indicator (some also call this indicator the 1 Day Accumulation/Distribution Indicator) Metastock Formula is the following:


Metastock Formula: (((Close-Low) - (High-Close)) / (High-Low)) * Volume

The definition for the The POMF% - Persistency of Money Flow Percentage Indicator is the following:

It expresses the percentage of days in the last 6 months (120 days) where the 1 Day Money Flow Indicator was positive with no regard to magnitude.

So if the 1 Day Money Flow Indicator was positive for 70 days during thelast 120 days then the result would be:

(75 days divided by 120 days) multiplied by 100 = 62.50 %

Any help is very much appreciated.
Thank you in advance for your time.

Marcel Knechtle


[15600]

Re: The POMF%-Persistency of Money Flow Percentage Indicator

. To: metastock@xxxxxxxxxxxxx
. Subject: Re: The POMF%-Persistency of Money Flow Percentage Indicator
. From: HHP <hhp@xxxxxxxx>
. Date: Sun, 10 Oct 1999 15:27:53 -0700
. References: <3800E7B4.EDEA3D85@xxxxxxxxxxx>
. Reply-To: metastock@xxxxxxxxxxxxx
. Sender: owner-metastock@xxxxxxxxxxxxx

Marcel,

Chaikin's Money Flow is a built-in indicator: cmf(periods).


Persistence of Money Flow (PMF %)

Pds1:= Input("CMF Periods?",1,100,21);
Pds2:= Input("PMF Periods?",10,1000,120);
Sum((cmf(Pds1)>0),Pds2)/(Pds2/100)

 

from HHP

Persistence or (PMF%) is the percentage of days over 6 months that theChaikin Money Flow Oscillator is above 0.The Chaikin Money Flow Oscillator formula default uses a 21 day moneyflow sum divided by the 21 day sumof daily volume.HHP sent the correct indicator formula for persistence, tho you can modify it by selecting 1 for "Pds1" if you preferto create a 120 day cumulative money flow indicator to do what youare suggesting.The cumulative money flow indicator often uses a 90SMA trigger.

from Craig DeHaan

Source / From: TOP
http://purebytes.com/archives/metastock/

Equis and MetaStock® and MetaStock Professional® are registered trademarks of Equis International. Achelis Binary Wave®, The DownLoader®,
Expert Advisor®, OptionScope®, Quotecenter® and Smart Charts® are trademarks of Equis International, a Thomson Reuters company.

TradeStation® Pro, TradeStation® 2000i, OptionStation®, SuperCharts®, PowerEditor® and EasyLanguage®
are registered trademarks of TradeStation Technologies, Inc. Other names and marks referred to are the property of their respective owners.

All information provided on this website is for educational purposes only. Trading involves risk, including possible loss of principal and other losses.

Ten i inne materiały na tej stronie zostały zamieszczone zostały jedynie w celach edukacyjnych, nie ponoszę żadnej odpowiedzialno¶ci za ich stosowanie.

Gra na giełdzie i rynkach walutowych (FOREX) niesie ze sob± ryzyko poważnych strat finansowych!