This script includes MACD histogram plus MFI in four states All backgrounds are compared to previous bar in +/- 10% 1. Green (green) + Volume + Range (++) 2. Fading (yellow) - Volume - Range (--) 3. False (gray) - Volume + Range (-+) 4. Crouching (red) + Volume - Range (+-)
Modified from the various scripts I've found on TradingView. This scripts adds alerts for oversold overbought conditions. It also has the ability to add in another RSI at a different time interval. I've also added an MFI with bollinger bands to the chart to preceed the RSI. This can sometimes tell you the direction the RSI is moving. usually when it is out...
// Acknowledgements: // Original Godmode Authors: // @Legion, @LazyBear, @Ni6HTH4wK, @xSilas // Drop a line if you use or modify this code. // Godmode 3.1.4: @SNOW_CITY // Godmode 3.2: @sco77m4r7in and @oh92 // Godmode3.2+LSMA: @scilentor // Godmode 4.0.0-4.0.1: @chrysopoetics // Jurik Moving Average: @everget // Minimal...
Using Market Facilitation Index - MFI you will be able to recognise two important metrics: Whether the current trend is strong enough to trade it. When a new trend may start. MFI combines changes in price (range) and volume. Here is the formula: MFI = (High – Low) * Volume The indicator has bars of four colours. Each colour has a specific meaning and shows...
This script reads price and volume information for the top 5 coins (on 9 exchanges, a total of 29 pairs), calculates the cummulative upvolume and downvolume according to the Money Flow (MFI) formula, and shows upvolume and downvolume separately on the chart as a green and a red line. The coins used are BTC, ETH, LTC, XRP and EOS. They are the top 5 coins by daily...
First off, a huge thank you to the following people: @LEGION: @LazyBear: www.tradingview.com @xSilas: www.tradingview.com @Ni6HTH4awK: www.tradingview.com @sco77m4r7and: @SNOW_CITY: www.tradingview.com @oh92: www.tradingview.com @alexgrover: www.tradingview.com @cI8DH: www.tradingview.com @DonovanWall: www.tradingview.com This is my second iteration...
First off, a huge thank you to the following people: LEGION: LazyBear: www.tradingview.com xSilas: www.tradingview.com Ni6HTH4awK: www.tradingview.com sco77m4r7and: SNOW_CITY: www.tradingview.com oh92: www.tradingview.com alexgrover: www.tradingview.com cI8DH: www.tradingview.com DonovanWall: www.tradingview.com Since I've been on TradingView I've become...
A new version of the indicator Mfi_v2. Added new control parameters. tt - the averaging period of the volume. Len - the period for calculating the MPI. nn-averaging period MFI (blue line). level-critical levels from below and above (black horizontal lines). Level 0 or 50 - switch between different histogram views with the middle at either level 50 or level 0....
Bill Williams indicator (MFI). The indicator calculates the range of oscillations per unit volume. In fact, this indicator shows the tick volume or the readiness of the market to move the price. The indicator is presented as vertical columns or as a line with levels. Vertical columns are painted in different colors depending on the displacement of the indicator...
Here it is Everyone - What was once hidden is now revealed This is the Ultimate RSI Divergence Indicator Not only does it plot Regular and Hidden Divergence lines for an RSI smoothed by an EMA and for its Signal Line The RSI can be set to change color with direction or can be set as single color with or with out OB / OS highlights Color Changing RSI helps when...
RSI + Stoch RSI combined script Very usable for free accounts with indicator limits. Use 2 indicators as 1
Combines 4 popular indicators (RSI, Stoch, SRSI, MFI) and 1 peculiar one (Aroon) in 1 for those who want to save indicators but not only. This is an evolution of my (simpler) "RSI / Stoch / Stoch RSI (SRSI) Overlay " that you can find on my scripts. Added bands for oversold/overbought areas (70/30 common for RSI and 80/20 for SRSI and MFI), as well as a middle...
The main concept was to make a bound oscillator calculate with a formula that places emphasis on the mean averages. Ideally this would mean that the oscillator won't have a tendency to swing into overbought/oversold condition and cause whipsaw. Using log is a way to increase the signal to noise ratio, with the regular MFI still plotted. This indicator is best...
MFI with background color when value is equal or above lower / upper threshold
The Market Facilitation Index is an indicator that relates price range to volume and measures the efficency of price movement. Use the indicator to determine if the market is trending. If the Market Facilitation Index increased, then the market is facilitating trade and is more efficient, implying that the market is trending. If the Market Facilitation...
The Market Facilitation Index is an indicator that relates price range to volume and measures the efficency of price movement. Use the indicator to determine if the market is trending. If the Market Facilitation Index increased, then the market is facilitating trade and is more efficient, implying that the market is trending. If the Market Facilitation...
Strategy based on Gregg_s indicator RSI or MFI (ru.tradingview.com) When crossing above 0 - close short, open long When crossing below 1 - close long, open short For crypto/fiat and any timeframe