Abbreviation: NegativeMF
Category: Volume
Input Parameters:
| Name | Range | Default |
| Opening Price | Open | |
| High Price | High | |
| Low Price | Low | |
| Closing Price | Close | |
| Volume | Volume | |
| Summation Periods | Int >= 1 | 5 |
Calculation:
‘ Negative Money(n), where n = 0 to Summation Periods – 1
where
Negative Money(n) =
If (Lag((O + H + L + C), n) / 4 < Lag((O + H + L + C), n + 1) / 4) then
Lag(V * (O + H + L + C) / 4 , n)
else 0
where
O = Open
H = High
L = Low
C = Close
V = Volume
‘ represents the sum of values across a range of values (in this case n)
Lag represents Lag
Discussion:
Provides a measure of how much money has left the market on down days in the last Summation Periods.