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Friday, March 23, 2012

Chart Money Flow

Money Flow can be added to many Telemet Orion Charts through the Lower Indicators menu within Options.  Simply select Money Flow from the drop down menu. 
This momentum indicator uses the current and previous high and low prices to determine price direction, then weights price changes by volume to indicate whether money is flowing into or out of a stock. When rising prices are accompanied by increasing volume, the indicator curve displays positive values, suggesting investors are buying the security. Negative money flow indicates investors are selling.
Interpretation: Buy when MF>0. Sell when MF<0

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