This is a trading item or a component that was created using QuantShare by one of our members.
This item can be downloaded and used by QuantShare Trading Software.
Trading items are of different types. There are data downloaders, trading indicators, trading systems, watchlists, composites/indices...
You can use this item and hundreds of others for free by downloading QuantShare.
Top Reasons Why You Should Use QuantShare:
Works with US and international markets (stock, forex, options, futures, ETF...)
Offers you the tools that will help you become a profitable trader
Allows you to implement any trading ideas
Exchange items and ideas with other QuantShare users
Our support team is very responsive and will answer any of your questions
We will implement any features you suggest
Very low price and much more features than the majority of other trading software
The "Money Flows - Buying Weakness" is a list of companies whose stocks are trading lower and have the largest inflow of money for last trading day. This list of stocks is released by the Wall Street Journal.
This object downloads this list and then stores the data in a database, named "buying_weakness", which has the following fields:
Change: This field gets the stock percentage change from the prior day closing price
1_Wk_Change: This field gets the stock one-week percentage change
Money_Flow: The money flow is calculated by subtracting the dollar value of all downtick trades from the dollar value of all uptick trades. The result is expressed in millions of US dollars
Money_Flow_Tickup: This is the uptick volume (in millions of US dollars)
Money_Flow_Tickdown: This is the downtick volume (in millions of US dollars)
Money_Flow_Ratio: The money flow ratio is the ratio of uptick volume to downtick volume.
Block_Trades: The money flow block trades field is calculated by subtracting the dollar value of downtick block-trades from the dollar value of uptick block-trades. A block trade is transaction/trade for purchase or sale of a large quantity of shares. A trade is called block-trade when it contains more 10000 shares of a stock. Generally, block trades can be undertaken only by institutional investors.
Block_Trades_Tickup: This is the uptick volume of block trades
Block_Trades_Tickdown: This is the downtick volume of block trades
Block_Trades_Ratio: This field gets the ratio of block trades uptick volume to block trades downtick volume
The data is updated every hour, between 10 am and 4 pm and therefore if you want to get end-of-day figures, you will need to run this downloader after the market closes (after 4 pm) or before it opens (to get yesterday's figures).
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.
