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GucciXBT

Market Facilitation Index (MFI) in combination with Volume

GucciXBT  
Bill Williams Indicators MFI signal bill_williams
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billwilliams mfi signal bill_williams
Market Facilitation Index indicator taken from "Trading Chaos" by Bill Williams.

MFI must be used in combination with volume:
  • GREEN = Volume up + MFI up (indicated by a green diamond)
  • SQUAT = Volume up + MFI down (indicated by a purple star)
  • FAKE = Volume down + MFI up (indicated by a red x)
  • FADE = Volume down + MFI down (indicated by a grey circle)

PS you can hide the orange MFI histogram in settings since you already have signals shown.
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