Knowledgebase:
MoneyFlowIndex
Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 19 June 2016 10:24 AM

Syntax

Public Function MoneyFlowIndex(chart_ID As Long, volumeVal As ENUM_VOLUME_METHOD,period As Integer) As String

The Money Flow Index measures money flow of a security, using volume and price for calculations.

Market bottoms below 20 and tops above 80. Divergence of price and Money Flow Index are also used.

Parameters

Key Description 
chart_ID Chart identifier, 0 is the current chart ,value of type Long
volumeVal Volume type for calculation, can be one of the  ENUM_VOLUME_METHOD.
period The calculation period, on which the indicator will be calculated, value of type Integer.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.

Sample

Public Sub main()

AlertMessage (MoneyFlowIndex(0,VOLUME_LOW,14)) 'Draws the indicator on chart and shows an AlertMessage with the indicator name.

End Sub


See Also


Back to VTL Client Script Index

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