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NeoButane
6 Okt 2018 pukul 04.53

Log MFI - Money Flow Index 

Zcash / DollarBitfinex

Huraian

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 used in confluence with price action swings, where volume would normally be the highest.
Komen
bilalabes
This is really awesome..... thanks neobutane for all the scripts and knowledge
ts2fe
Thanks for this, seems to be very useful.
Lebih