BskLAB - Money Flow X

🧠 BskLAB – Money Flow X | Usage Guide & Description
BskLAB - Money Flow X is a visual support tool designed to help traders observe market volume behavior, momentum, and potential reversal points through enhanced money flow logic. This script is especially helpful when used in combination with the BskLAB Signal Assistant to confirm volume-based entries or exits.

🔧 Preset Modes Overview
There are two main preset modes available, allowing users to view volume dynamics in different ways based on personal trading preferences:

📊 Mode 1: Money Flow (Enhanced MFI)
Based on the traditional Money Flow Index (MFI), enhanced to better suit real-time trading decisions.

Includes custom crossover levels and dynamic responsiveness to volume-pressure changes.

Features Divergence and Hidden Divergence detection, with visual cues:

✅ When a divergence or hidden divergence is detected, an arrow icon will appear directly on the chart:

Green arrow for Bullish Divergence

Red arrow for Bearish Divergence

Semi-transparent versions for hidden divergences

🔹 Use Case: Ideal for identifying potential turning points using volume pressure and divergence behavior.


🚀 Mode 2: Volume Momentum (BB-Based Histogram)
This mode uses a customized Bollinger Band (BB) logic, reinterpreted to highlight buying/selling momentum through histogram visualization.

Helps identify volume spikes, compression zones, and breakout strength.

Best used alongside the BSKLab Signal Assistant for signal confirmation.

🔹 Use Case: Validates breakout strength or confirms signals by showing real-time volume expansion/contraction.

⚙️ Adjustable Parameters
Both modes come with fully adjustable settings, allowing users to:

Modify sensitivity

Customize divergence display

Fine-tune volume thresholds to match their specific trading strategy

🧩 Summary
BskLAB - Money Flow X provides a dual-mode volume visualization solution:

One focused on intelligent money flow dynamics

The other on momentum strength through volume behavior

By combining visual cues, divergence signals, and volume histograms, traders gain a deeper understanding of market participation and potential turning points—a perfect complement to trend or reversal systems.

📌 Recommended for use together with BskLAB Signal Assistant for optimal trade filtering and volume confirmation.