Twiggs_Money_Flow - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
Twiggs Money Flow is an indicator by Colin Twiggs that uses Wells Wilder's Moving Average .
It has a configurable parameter:
TMF = WMA(ADV) / WMA(volume)
Where:
WMA - Wilder smoothed average, smoothed average k = 1/period ADV = trading volume * (2* closing price - TRL - TRH) / TR TRH = maximum value (highest price, previous closing price) TRL = minimum value (lowest price, previous closing price) TR=TRH-TRL
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