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Traderfeed money flow intraday

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  • Traderfeed money flow intraday

    I'm trying to make this efs and would appreciate some help from more experienced efs programmers.

    It's a simple concept:
    volume traded at ask is added to running volume and volume traded at bid is subtracted from that running total.

    Here is an explanation of the indicator:

    http://traderfeed.blogspot.sg/2007/0...oney-flow.html

    Here is the pseudo code:

    var moneyflow
    task = getmostrecentask
    tbid = getmostrecentbid
    tlast = getmostrecenttradeprice
    tvol = getmostrecenttradevolume

    if tlast == task
    moneyflow + tvol
    if last == tbid
    moneyflow - tvol
    else moneyflow

    moneyflow should be a running total
    and be displayed above price on the chart.

    Thank you.
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