Python: How to Graph the Chaikin Money Flow Trading Indicator in Matplotlib

TL;DR

Learn how to plot the Shoiken money flow and oscillator line using Python and Matplotlib.

Transcript

what's going on guys welcome to the third part of the shoiken money flow tutorial video mini series uh where we left off we actually calculated the shocking mineflow now we actually want to chart it up so if you don't have the sample data code the link is in the description for that code and down here is the actual code so just do a nice highlight ... Read More

Key Insights

• 🤑 This video is part of a tutorial series on calculating and plotting the Shoiken money flow and oscillator line using Python.
• 🫵 Viewers are provided with sample data code to easily follow along.
• 🤑 The video covers steps to paste the code, fix indentation, and plot the Shoiken money flow using Matplotlib.
• 🫥 An issue with the oscillator line is addressed, and viewers are guided on how to fix it.
• 🤑 The Shoiken money flow reveals the flow of money entering or leaving a financial instrument.
• ⏳ The plotted line represents the change in the Shoiken money flow over time.
• 🤑 The oscillator line represents the difference between positive and negative money flow.
• 🫥 The use of fill_between function in Matplotlib allows for visual representation of the oscillator line.

Summary & Key Takeaways

• This video is the third part of the Shoiken Money Flow tutorial series, focusing on charting the calculated Shoiken money flow.

• Viewers are provided with sample data code in the video description to follow along.

• The video covers how to paste the code, fix indentation, add variables, plot the basic line, and add the oscillator line using fill_between from Matplotlib.