Pivot Money Flow Indicator and Its Cumulative Setting
Summary
The Pivot Money Flow indicator is described as a tool for showing the direction of money flows and possible changes in that direction. The document identifies two configuration choices: the price used in the calculation and whether the calculation is cumulative. It distinguishes cumulative output from a current, non-cumulative calculation, illustrated by two figures, but provides no formulas or examples of how to interpret particular readings.
This is a brief overview rather than a complete trading method. It does not specify entry or exit rules, instruments, parameter values, performance evidence, or how the indicator behaves in different market conditions. Traders would need to inspect its calculations and test it on relevant data before using its signals. The page also contains unrelated promotional material, which does not add to the indicator explanation.
Key ideas
- The Pivot Money Flow indicator is intended to show money-flow direction and potential reversals.
- The applied-price setting determines which price input is used in the calculation.
- The cumulative option distinguishes cumulative calculations from current calculations.
- The document does not provide formulas, trading rules, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.