Thrax Money Flow

Thrax Money Flow is a powerful indicator designed to analyze the flow of money into and out of a security. By tracking buying and selling pressure, it provides valuable insights into market sentiment and potential trend reversals. With its customizable parameters, traders can tailor its behavior to suit their trading strategies and timeframes, making it an essential tool for informed decision-making in financial markets.

Key Features

1. Money Flow Analysis

Description: Thrax Money Flow performs detailed analysis of money flow dynamics, identifying periods of buying and selling pressure condensing the same on chart in form of an area chart as shown in the image below. It has a red shaded area and green shaded area. Green shaded area indicates when the money is flowing into the market and re dshaded area indicate when it is flowing out of the market.
Purpose: Traders can use this feature to gauge market sentiment and anticipate potential trend reversals based on shifts in money flow. Unlike thrax-wave, money is less reactive and is used for sustained support and resistance.

Traders get the options to set Money flow index length used for calculation, Money flow smoothing technique, smoothing length as per the use cases

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2. Overflow Indication

Description: Thrax Money Flow includes an overflow indication feature, highlighting instances where buying or selling pressure becomes extreme. Purpose: Traders can use this feature to identify potential market extremes and anticipate price reversals or significant movements.

Trader can set the overflow threshold to filter out noise and display only significant liquidity area

Incorporating Thrax Money Flow into your trading strategy can provide you with valuable insights into market sentiment and trend reversals, helping you make more informed trading decisions.