Author
ScriptorPublished date
Jun 18, 2018
The oscillator displays the "money flow pressure" chart.
It has one input parameter:
Calculation:
Smart Money Pressure = Close[Period] - SM
where:
SM = SM[i+1] + Change
where:
If Volume > VolMA
Change = Close[i] - Close[i+1]
Otherwise
Change = 0
Volume = current volume
VolMA = SMA(Volume, Period)
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