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kbtoys41
Posted : Thursday, April 26, 2012 12:59:54 AM
Registered User
Joined: 10/6/2011
Posts: 8

I'm looking customize the Money Flow Index and be able to scan outflows and inflows intraday & on a daily basis in any security..

Is it possible to scan for large block trades?  signficant volume distribution from a stock?

If possible, I would like to be able to scan significant outflows on stocks underlying strength...

If possible, I would like to be able to scan for buying on stock weakness...

 Chart below to give a better explaination!

Thank you very much!!!

TOTAL MONEY FLOW
BLOCK TRADES
Company Price Chg % Chg 1-wk
% chg
Money Flow Tick
Up
Tick
Down
Up/Down Ratio Money Flow Tick
Up
Tick
Down
Up/Down Ratio
AT&T (T) $31.74 0.02 0.06 2.85 $-128.77 $85.53 $214.30 0.40 $-123.67 $10.02 $133.69 0.07
Qualcomm (QCOM) 63.26 1.40 2.26 1.62 -92.85 159.97 252.82 0.63 -88.09 35.01 123.10 0.28

 

Bruce_L
Posted : Thursday, April 26, 2012 8:39:42 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It would be possible to identify trades which are greater than 10,000 shares or $200,000 using the Tick Time Frame, but the amount of Tick data is available is very limited (probably too limited for your purposes).

As to creating a modified Money Flow Index, we would need to start with a specific description of the actual calculations you wanted to use instead.



-Bruce
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TC2000 Support Articles
kbtoys41
Posted : Thursday, April 26, 2012 9:53:54 AM
Registered User
Joined: 10/6/2011
Posts: 8

Bruce,

Thanks for the prompt response.  What I'm looking to do is to find stocks that have a positive 1% change over the last week & significant money flows & distributive volume is coming out of the particular security (Selling on strength)...

http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html  

This is what I'm trying to replicate if it sounds confusing... ^^^^ 

We can use the usual money flow calculations... I'm looking to implement the 1%+ change over the last week.

  * 1. Typical Price = (High + Low + Close)/3
  * 2. Raw Money Flow = Typical Price x Volume
  * 3. Positive Money Flow = Sum of positive Raw Money Flow over 14 periods. 
  * 4. Negative Money Flow = Sum of negative Raw Money Flow over 14 periods. 
  * 5. Money Flow Ratio = (Positive Money Flow)/(Negative Money Flow)
  * 6. Money Flow Index = 100 - 100/(1 + Money Flow Ratio)

 


 

Bruce_L
Posted : Thursday, April 26, 2012 9:59:49 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

We can check for at least a 1% positive change in price over 1-week rather easily. On a Daily Time Frame this could be written as:

C / C5 >= 1.01

But I'm not understanding how you want to incorporate this into the Money Flow calculations.



-Bruce
Personal Criteria Formulas
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kbtoys41
Posted : Thursday, April 26, 2012 11:30:03 AM
Registered User
Joined: 10/6/2011
Posts: 8

Bruce,

Lets say for AAPL.. I want the total amount of up ticks and down ticks for the day (Calculated separtely)... Is that possible?

Thanks!

Bruce_L
Posted : Thursday, April 26, 2012 11:35:06 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

No, it is not. There is not enough Tick data available in StockFinder to do the calculations.



-Bruce
Personal Criteria Formulas
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