VIXION Follow The Money

How It Works

• Money Flow Visualization:
The indicator displays market money flow as a filled area. When the money flow is positive, it appears in GREEN, and when it is negative, it switches to RED. This dual display helps you quickly gauge the strength and direction of market momentum.

• Signal Markers:
Triangle markers are plotted when the money flow crosses the zero line:

• Green Triangle: Indicates that money flow has moved into positive territory, suggesting increasing bullish momentum.

• Red Triangle: Indicates that money flow has turned negative, suggesting increasing bearish momentum.

• Trend Context with WaveTrend:
Alongside the money flow, the indicator shows two trend waves. These elements provide additional context on the overall market trend, highlighting potential overbought or oversold conditions.

How to Use It

1. Observe the Money Flow:
Look at the filled area and its outline. A rising, GREEN colored area may signal strong buying pressure, while a falling, RED colored area may indicate selling pressure.

2. Watch for Crossover Signals:
Pay attention to the green and red triangle markers. These markers help you identify key moments when the momentum shifts, serving as potential entry or exit signals.

3. Consider the Trend Elements:
Use the WaveTrend waves and the fast-moving line to confirm the money flow signals. When both the money flow and trend elements point in the same direction, the signal is generally stronger.

4. Integrate with Your Strategy:
Combine the signals from this indicator with other technical analysis tools and risk management practices. This can help you make more informed trading decisions and manage your exposure effectively.