Money Flow PRO
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There are many formulations for this indicator, and many variations on the theme. Virtually all of these formulations have inherent weakenesses, not the least of which: the default indicator in the TOS platform, which is fatally flawed for a number of reasons. There has never been a definitive, and fully accurate formula, until now...
ThinkScriptIndicators, & TSI ® have worked in unison to crack the code for this illusory indicator. The fruits of our labor is Money Flow PRO, a technical analysis piece of caviar which clearly shows you when there is cash infusion into a security (...or an impending "run for the exits").
Money Flow PRO allows you to:
Target and identify securities that have outstanding performance.Know that when price is drifing up--unsupported by Money Flow PRO--a serious retraction is coming.
Know that when price lifts--supported by Money Flow PRO--you can expect a strong trend of long duration.
Know when monied investors are buying into the security, often even before the price starts moving up.