BskLAB - Money Flow X

🧠 BskLAB – Money Flow X | Usage Guide & Description
BskLAB – Money Flow X is a two-mode volume visualization tool designed to help traders better understand market behavior through real-time momentum and divergence analysis. It is best used alongside the BskLAB Signal Assistant to confirm signal quality using volume-based conditions.

🔧 Preset Modes Overview
📊 Mode 1: Money Flow (WaveTrend + Divergence)
This mode leverages a customized WaveTrend oscillator to reflect changes in volume pressure and trend strength. A second smoothed line helps confirm trend shifts through crossovers.

🔹 Features:

Momentum shifts identified via WaveTrend crossover logic

Visual confirmation of overbought/oversold zones

Divergence detection (Classic & Hidden) auto-marked on the chart:

Green = Bullish Divergence

Red = Bearish Divergence

Blue/Orange = Hidden Divergences

🔹 Use Case:
Best suited for spotting early trend reversals and identifying exhaustion during high or low volume zones.

🚀 Mode 2: Volume Momentum (Dynamic Histogram)
This mode displays volume-driven momentum using a dynamic histogram that visually represents shifts in market pressure.

The histogram is calculated based on a customized interpretation of Bollinger Band behavior, which allows it to reflect how price reacts relative to recent volatility boundaries. This approach provides an indirect view of how buying or selling pressure emerges as price stretches away from its average range.

🔹 Features:

Expanding histogram bars reflect growing momentum or pressure buildup

Bar color dynamically adjusts to highlight whether buying or selling activity dominates

Helps detect conditions where price is preparing to break out or slow down

🔹 Use Case:
Useful for validating strong directional moves or recognizing when volume momentum is building up or fading—particularly when price starts reacting aggressively beyond its recent volatility range.

⚙️ Adjustable Parameters
Both modes include customizable settings:

Smoothing control for responsiveness

Divergence toggles (Classic / Hidden)

Adjustable volume period for fine-tuning responsiveness

🧩 Summary
Whether you’re trading trends or reversals, BskLAB – Money Flow X helps decode the story behind price action by:

Identifying volume pressure shifts

Highlighting trend momentum visually

Confirming signals with divergence-based cues

The result: clear, flexible insight into market strength—without relying solely on price candles.