Smart Money Flow Index GoldenCross+DeathCross [GCDC]

SMART MONEY FLOW INDEX ( SMFI-GCDC )

THE MAIN OBJECTIVE

This SMFI provides information on the current strength conditions of banker/smart money flows to guide market movements.

As we know, traders need to analyze the strengths and weaknesses of the current market based on the average price and dominance percentage in each transaction that has occurred. This situation will affect the subsequent price movements. So, we need to identify the strengths of buyers and sellers (demand and supply) and their habits to see the impact on the near term and the next trend.

THE FUNCTION OF OBSERVATION & SIGNAL;

Therefore, SMFI-GCDC is one way of analyzing the current strengths and weaknesses of a market as an assessment for a potential domination. The key is following the same trend as the habits of bankers/smart money.

Banker flow is below the midline[50] > weak, bearish, downward trend.
Banker flow is above the midline[50] > strong, bullish, move-up trend, dominated by bankers.
The observations and signals used include two main functions ; the death cross & golden cross signals by moving average(MA), and the banker inflow rate.




HOW TO USE

Signal display;
1.Red plot > shows the strength of banker inflows into a market. It is indicated by a thicker red
plot.
2.Midline signal > the horizontal circles, the middle levels of banker inflows, at the value level
of 50/100.
3.Banker Moving Average > the white plot, average price movement condition.
4.Blue triangle > goldencross[GC], the Moving Average cross-over the Midline, the increasing
dominance of bankers flow, potential of move-up.
5.Orange triangle > deathcross[DC], the Moving Average cross-down the Midline, the increasing
dominance of bankers flow, the potential of downward.
6.Green cross > oversold area, the potential of reversal.
7.Yellow cross > overbought area, the potential of reversal.




Banker's trend below 50
= market is weakening/prices are falling
Banker's trend above 50
= market strengthening/prices rising

observe the supply/demand zone to identify the exact potential