Twiggs Money Flow Stock Screener

The Twiggs Money Flow is a visual representation of buying and selling pressure in the market, enabling traders to identify trends, confirm signals, and manage risk . . . along with other indicators and thorough analysis, it can help increase the chances of success in trading decisions

5 minutes

This post focuses on customizable Twiggs Money Flow factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

Display Twiggs Money Flow Values

Tags: twiggs money flow, twiggs money flow indicator, twiggs money flow scanner, twiggs money flow stock screener

List symbols
Add Column Twiggs Money Flow(21) as TMF21
Apply to NSE

This scan is designed to compute and display the 21-period Twigs Money Flow values for all symbols listed on the NSE (National Stock Exchange).

OPTION 1

You have the option to modify the time period using the following instructions:

List symbols
Add Column TWIGGS(14) as TMF14
Apply to NSE

OPTION 2

You can enhance the level of accuracy in the output report by displaying values with a higher degree of precision, specifically up to 4 decimal places.

List symbols
Add Column TWIGGS(14) as TMF14 FORMAT 0.0000
Apply to NSE

Improving Twiggs Money Flow

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List Symbols where Twiggs Money Flow(21) has crossed above 1%
Add Column Twiggs Money Flow(21)*100 as TMF21%
Apply to NSE

This scan aims to identify instances where the 21-period Twigs Money Flow indicator has recently crossed above the threshold level of 1%. The resulting scan report includes the calculation and display of the 21-period Twiggs Money Flow as a percentage. It is important to emphasize the use of 1% instead of simply 1, as 1% represents the fractional value of 1/100 or 0.01.

OPTION 1

Alternatively, you can achieve the same outcome by employing the following approach. Please take note that in this method, the value of Twiggs Money Flow is multiplied by 100 in order to convert it into a percentage.

List Symbols where TWIGGS(21)*100 has crossed above 1
Add Column TWIGGS(21)*100 as TMF21%
Apply to NSE

OPTION 2

An alternative option is to compare the Twiggs Money Flow with actual numerical values instead of percentage values. This approach offers an alternative method for analysis that can be easily understood and implemented.

List symbols where TWIGGS(21) has crossed above 0.01
Add Col TWIGGS(21) as TMF21 FORMAT 0.0000
Apply to NSE

Delining Twiggs Money Flow

Tags: twiggs money flow declining scanner, twiggs money flow decreasing scanner

List Symbols where Twiggs Money Flow(21) has crossed below -1%
Add Column Twiggs Money Flow(21)*100 as TMF21%
Apply to NSE

This scan aims to identify instances where the 21-period Twigs Money Flow has recently crossed below the -1% threshold level. The computed value of the 21-period Twiggs Money Flow is also included in the scan report as a percentage. It is important to observe that the use of -1% instead of -1 signifies -1 divided by 100, or -0.01.

OPTION 1

An alternative approach to achieve the same outcome is presented below, where the Twiggs Money Flow value is multiplied by 100 to express it as a percentage.

List Symbols where TWIGGS(21)*100 has crossed below 1
Add Column TWIGGS(21)*100 as TMF21%
Apply to NSE

OPTION 2

An alternative approach involves directly comparing the Twiggs Money Flow with its corresponding actual values, instead of relying on percentage values.

List symbols where TWIGGS(21) has crossed below 0.01
Add Col TWIGGS(21) as TMF21 FORMAT 0.0000
Apply to NSE

Twiggs Money Flow Moving Average Bullish Crossover

Tags: twiggs money flow moving average crossover bullish

List symbols where Twiggs Money Flow(21) has crossed above EMA(3, Twiggs Money Flow(21)) after remaining below for 3 bars
Add Column Twiggs Money Flow(21) as TMF21
Add Column EMA(3, Twiggs Money Flow(21)) as EMA_TMF21
Apply to NSE

This scan is designed to identify symbols where the 21-period Twigs Money Flow (TWIGGS) indicator has recently crossed above the 3-period Exponential Moving Average (EMA), following a period of being below it for 3 bars. The scan report will also provide the values of the 21-period TWIGGS and the Moving Average.

OPTION 1

If you prefer to view the Twiggs Money Flow and EMA values in percentage terms, you can modify the scan as shown below. Additionally, please note that the alias “TWIGGS” is used instead of “Twiggs Money Flow.

List symbols where TWIGGS(21) has crossed above EMA(3,TWIGGS(21)) after remaining below for 3 bars
Add Column TWIGGS(21)*100 as TMF21%
Add Column EMA(3,TWIGGS(21))*100 as EMA_TMF21%
Apply to NSE

OPTION 2

To change the Moving Average type, you can easily switch from EMA (Exponential Moving Average) to SMA (Simple Moving Average) or any other desired type.

List symbols where TWIGGS(21) has crossed above SMA(3,TWIGGS(21)) after remaining below for 3 bars
Add Column TWIGGS(21) as TMF21
Add Column SMA(3,TWIGGS(21)) as MA_TMF21
Apply to NSE

Twiggs Money Flow Moving Average Bearish Crossover

Tags: twiggs money flow moving average crossover bearish

List symbols where Twiggs Money Flow(21) has crossed below EMA(3, Twiggs Money Flow(21)) after remaining above for 3 bars
Add Column Twiggs Money Flow(21) as TMF21
Add Column EMA(3, Twiggs Money Flow(21)) as EMA_TMF21
Apply to NSE

This scan is designed to identify instances where the 21-period Twigs Money Flow (TWIGGS) indicator has recently crossed below the 3-period Exponential Moving Average (EMA) after being above it for 3 consecutive bars. The scan report will provide the values of both the 21-period TWIGGS and the Moving Average.

OPTION 1

If you prefer to view the TWIGGS Money Flow and EMA values in percentage terms, you can modify the scan by making the following changes. Additionally, please take note of using the alias “TWIGGS” instead of “Twiggs Money Flow” in the scan.

List symbols where TWIGGS(21) has crossed below EMA(3,TWIGGS(21)) after remaining above for 3 bars
Add Column TWIGGS(21)*100 as TMF21%
Add Column EMA(3,TWIGGS(21))*100 as EMA_TMF21%
Apply to NSE

OPTION 2

To change the Moving Average type, you can easily make the adjustment by replacing “EMA” with “SMA” for the “Simple Moving Average,” or use other appropriate abbreviations accordingly.

List symbols where TWIGGS(21) has crossed below SMA(3,TWIGGS(21)) after remaining above for 3 bars
Add Column TWIGGS(21) as TMF21
Add Column SMA(3,TWIGGS(21)) as MA_TMF21
Apply to NSE

For comprehensive insights into the Twiggs Money Flow, including its calculation methodology, effective utilization in trading, applicability to both trading and investing purposes, as well as an exploration of its advantages and limitations as an indicator, click here.

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