RedK_AvgMoneyFlow Oscillator v1

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © RedKTrader
// ------------------------------------------------------------------------------------------------
// Original author:  RedKTrader
// Original title:   RedK_AvgMoneyFlow Oscillator v1
// Licence:          MPL-2.0 (the header above is the original notice, kept verbatim)
// Pine version:     4
// Fetched:          2026-10-12
// Ported to FloScript by FloSignals; modifications under MPL-2.0.
// Converter:        @flosignals/floscript 0.1.0, strict mode, score 100/100
// ------------------------------------------------------------------------------------------------
//@floscript=1
//@version=5
// Converted by the FloScript converter from a Pine-compatible v4 source.

indicator(title="RedK_AvgMoneyFlow Oscillator v1", shorttitle="MFO_v1")
length = input.int(5, minval=1)
smooth = input.int(3, minval=1)

red = #d5180b
green = #007f0e
v = volume
c = ta.change(close)

avgc = ta.wma(c, length)
avgv = ta.wma(v, length)
r = math.log(math.abs(avgv * avgc)) * math.sign(avgc)
k = ta.stoch(r, r, r, length) * 2 - 100
ks = ta.wma(k, smooth)

hline(0, title="zero line", color=color.yellow, linestyle=hline.style_dotted, editable=false)
plot(ks, title='DV line', color=ks >= 0 ? green : red, linewidth=3)

This file is under the Mozilla Public License 2.0; it is a port of the original by RedKTrader, with the original licence header kept and the changes made for FloScript noted in the file.

• v22026-10-14

  Library refresh 2026-10-14

• v12026-10-12

  Library refresh 2026-10-12