Money Flow Dashboard

The Money Flow Dashboard indicator provides a multi-timeframe perspective on capital flow, aggregating money flow sentiment into a clean, customizable table display. This tool allows traders to quickly assess whether capital is flowing into or out of an asset across various time horizons, from one minute up to one month, all from a single chart.

Usage

The Money Flow Dashboard is primarily used as a sentiment filter and confluence tool for existing trading strategies.

• Trend Confirmation: Traders can look for alignment across multiple timeframes. For example, if the dashboard shows predominantly green symbols across higher timeframes (like 4h and Daily), it suggests a strong bullish environment.
• Timeframe Selection: Users can enable or disable specific timeframes in the settings to match their specific trading style, whether they are scalpers focusing on 1m-15m or swing traders focusing on 4h-Weekly.
• Sentiment Interpretation: The dashboard uses symbols (defaulting to 🟢 and 🔴) to indicate if the calculated money flow is above or below zero. Optionally, users can display the raw numerical values to gauge the intensity of the flow.
• Bar Painting: The script includes a feature to color the chart candles based on the money flow state of the current timeframe, providing immediate visual feedback on the price action.

Details

The indicator calculates money flow by evaluating the relationship between Heikin-Ashi candle opens and closes relative to their high-low range. This raw value is then processed using a Simple Moving Average (SMA) and a multiplier to generate the final Money Flow value.

Key architectural points include:

• Multi-Timeframe Requests: Uses request.security on Heikin-Ashi tickers to ensure consistent calculation across all selected timeframes.
• Dynamic Dashboard: Built using a table object that updates on the last bar to show the latest sentiment state without cluttering the historical chart data.

Settings

Bar Settings

• Paint Bars?: When enabled, colors the price bars on the chart according to the current money flow direction.

Table Settings

• Position: Determines where the dashboard table is anchored on the chart (e.g., Top Right, Middle Right).
• Size: Adjusts the text size within the table.
• Text Color: Customizes the color of the text and labels.
• Border Color: Sets the color of the table frame and cell borders.

Content Settings

• Show Actual Value?: Toggles the display of the raw numerical money flow value next to the indicators.
• Above Zero Indicator: The symbol used when money flow is positive (default: 🟢).
• Below Zero Indicator: The symbol used when money flow is negative (default: 🔴).

Money Flow Settings

• Multiplier: Scales the calculated money flow values.
• MA's Length: The length of the Simple Moving Average applied to the money flow calculation.

Timeframe Settings

• Show [Timeframe]: A series of toggles (1m, 3m, 5m, 1h, 4h, D, etc.) to choose which specific intervals are displayed on the dashboard.

FAQ

How do I access the Money Flow Dashboard? You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.

Can I change the symbols used in the dashboard? Yes, you can navigate to the "Content Settings" section in the indicator inputs and replace the default emojis with any text or symbols of your choice.

Why are some timeframes showing "na"? This usually occurs if the timeframe is disabled in settings or if the data for that specific interval has not yet loaded from the server. Ensure the timeframe is checked in the "Timeframe Settings" group.