Syntax
Public Function MoneyFlowIndex(chart_ID As Long, volumeVal As ENUM_VOLUME_METHOD,period As Integer) As String
Description
The Money Flow Index measures the money flow of security, using volume and price for calculations.
Market bottoms below 20 and tops above 80. The divergence of price and Money Flow Index are also used.
Parameters
Key | Description |
chart_ID | Chart identifier, 0 is the current chart, a value of type Long |
Volumetypeforcalculation can be one of the ENUM_VOLUME_METHOD. |
|
period | The calculation period, on which the indicator will be calculated, a 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 the chart and shows an AlertMessage with the indicator name.End Sub
See Also