RT Money Flow indicator

Discussion in 'Trading' started by AAAintheBeltway, Jun 19, 2002.

  1. RT can be set up to display a realtime money flow indicator in a MM box or multiquote. I wonder if anyone finds this useful or has any comments or suggestions on using it. Is it calculated by totalling the dollar value of upticks minus dollar value of down ticks or some other way?

    It seems to give odd readings. Compare KLAC, a weak stock today with enormous plus money flow, and PMCS, which looks strong intraday but has weak money flow.