Twiggs Money Flow weekly/daily
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     rex_woof
Member
Username: rex_woof
Post Number: 1
Registered: 02-2009Rating: N/A
Votes: 0
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| | Wednesday, February 18, 2009 - 07:20 pm: |  
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Hi
I was wondering why Twiggs Money Flow 13 weeks is a very different graph to Twiggs Money Flow 65 days. After all, 13 weeks x 5 days = 65. So I would have thought that the charts would have looked remotely similar, but with more detail in the daily chart. Look at recent data for Bunnings for example, Dec/Jan on Daily 65 is above zero, while weekly 13 is below.
Any thoughts?
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 3303
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, February 19, 2009 - 03:02 pm: |
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Rex,
The TMF weekly indicator compares the Friday Close to the weekly range (High - Low), while the daily indicator compares the daily Close to the Daily range. The two frequently diverge in the short term but tend to converge in the long term.
Regards,
Colin
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bib
Member
Username: bib
Post Number: 11
Registered: 04-2007Rating: N/A
Votes: 0
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| | Thursday, March 12, 2009 - 09:56 pm: |
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Colin, can we expect the Twiggs Money Flow to be available as a stock screen? I find the 13 week very useful as a guide to longer term trend strenght. This is useful when using it in conjunction with the short/medium term 21 day.
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colin_twiggs
Member
Username: colin_twiggs
Post Number: 3366
Registered: 09-2002Rating: N/A
Votes: 0
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| | Thursday, May 07, 2009 - 10:30 am: |
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Bib,
This is on our development list.
Regards, Colin
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