|-ML-| Banana Split | RSI & MFI Divergence OscillatorsMFI and RSI moving average divergence oscillators.
Bullish:
More Yellow underneath curling up.
Higher Low on blue oscillator.
'MFI Trend' (red and green line) red at the top.
Bearish:
More orange at the top curling down.
Lower high on blue oscillator.
'MFI Trend' green at the bottom.
This is a great compliment to the C4 indicator.
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Money Flow Index (MFI)
SpiralSwinger V2 by SpiralmanPre-release of Spiral Swinger V2 - a trading system based on godmode oscillator.
Please don't send requests yet, as it's in testing phase now, not for public use!
Free two week trial + user manual will be available after next update release.
REAL STRATEGY : Dow_Factor_MFI/RSI_DVOG_StrategyI'm actually one of those who think it's more important to extract clues from indicators than strategy, but I wanted to test the data about the probability and dow factor I've shared for a long time.
Usually, Bitcoin is used as an eye stain for strategy success, since the graph has increased significantly from the beginning.
To prevent this, I used a commission and in the last lines of document I shared Bitmex's Bitcoin and Ethereum 1W test results.
I don't think there's a factor to repaint. ( Warn me if u see or observe )
I considered Bitcoin because I found working with liquid parities much more realistic.
Ethereum and Bitmex have been featured as a spot and may soon find a place at the CME , so I've evaluated the Ethereum .
But since the Ethereum Bitmex was also spot new, I deleted results that were less than 10 closed trades.
Since the Dow Theory also looks at the harmony in the indices, just try it in the Cryptocurrency market.
Use as indicator in other markets. Support with channels, trend lines with big periods and other supportive indicators.
And my personal suggestion : Use this script and indicator TF : 4H and above.
Specifications :
Commission. ( % 0.125 )
Switchable Methods ( Relative Strength Index / Money Flow Index )
Alarms. (Buy / Sell )
Position closure when horizontal market rates weighs.
Progressive gradual buy/sell alarms.
Clean code layout that will not cause repaint. (Caution : source = close )
Switchable barcolor option (I / 0 )
*****Test results :*****
drive.google.com
Summary:
It was a realistic test.
It has achieved great success in some markets, but as I mentioned earlier, use it only to gain insight into the price movements of cryptos.
Use as indicator in other markets.
This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository : github.com
Stay tuned ! Noldo.
IFish money FlowThe Money Flow Index and RSI are very closely related. The main difference is that Money flow incorporates volume , while the RSI does not.
Proponents of volume analysis believe it Volume is a leading indicator.
Therefore, they also believe that Money flow will provide signals, and warn of possible reversals,
in a more timely fashion than the RSI . One indicator is not better than the other,
they are simply incorporating different elements and will, therefore, provide signals at different times.
How Money Flow Calculated
Calculate the Typical Price for each of the last 14 periods.
For each period, mark whether the typical price was higher or lower than the prior period. This will tell you whether Raw Money Flow is positive or negative.
1-Calculate Raw Money Flow by multiplying the Typical Price by Volume for that period. Use negative or positive numbers depending on whether the period was up or down (see step above).
2-Calculate the Money Flow Ratio by adding up all the positive money flows over the last 14 periods and dividing it by the negative money flows for the last 14 periods.
3-Calculate the Money Flow Index ( MFI ) using the ratio found in step four.
4-Continue doing the calculations as each new period ends, using only the last 14 periods of data.
This Indicator compressed by inverse Fisher Transform Calculation to find out Market turn out Points.
Overbought and oversold doesn't necessarily mean the price will reverse, only that the price (factoring for volume ) is near the high or low of its recent price range.
Basically look for a color flip of indicator (green/red) at overbought oversold region by threshold violation.
For trading concept dm.
Gaussian MFI BFThe signals are based on the Gaussian Channel calculated by Donovan Wall. Thanks also to Kiasaki for Rate of Change code.
Simply going long and short based on Gaussian channel was not consistent enough so I also included an MFI filter. We only go long if Money Flow Index is greater than the last candle (more money is flowing in than out). The opposite for short. Also employed Rate of Change function (white background) to avoid sideways market.
A 2% stop loss seems to be the most balanced for this strategy but can can altered in the settngs.
Also included a take-profit function but it seems this is best not implemented for this strategy, at least in the case of XBT/USD.
A derivative of The MFI is also plotted on the chart simply to compare the current candle with the last candle visually.
Background color:
Green = Long
Red = Short
White = No Trade
Open Interest Money Flow Index (OIMFI)CAUTION : This system was inspired from seiglerj' s "Money Flow Index " script. Open Interests are used instead of volume.
What is the Money Flow Index ( MFI )?
The Money Flow Index ( MFI ) is a technical oscillator that uses price and volume for identifying overbought or oversold conditions in an asset. It can also be used to spot divergences which warn of a trend change in price. The oscillator moves between 0 and 100.
Unlike conventional oscillators such as the Relative Strength Index ( RSI ), the Money Flow Index incorporates both price and volume data, as opposed to just price. For this reason, some analysts call MFI the volume-weighted RSI .
What Does the Money Flow Index ( MFI ) Tell You?
One of the primary ways to use the Money Flow Index is when there is a divergence. A divergence is when the oscillator is moving in the opposite direction of price. This is a signal of a potential reversal in the prevailing price trend.
For example, a very high Money Flow Index that begins to fall below a reading of 80 while the underlying security continues to climb is a price reversal signal to the downside. Conversely, a very low MFI reading that climbs above a reading of 20 while the underlying security continues to sell off is a price reversal signal to the upside.
Traders also watch for larger divergences using multiple waves in the price and MFI . For example, a stock peaks at $10, pulls back to $8, and then rallies to $12. The price has made two successive highs, at $10 and $12. If MFI makes a lower higher when the price reaches $12, the indicator is not confirming the new high. This could foreshadow a decline in price.
The overbought and oversold levels are also used to signal possible trading opportunities. Moves below 10 and above 90 are rare. Traders watch for the MFI to move back above 10 to signal a long trade, and to drop below 90 to signal a short trade.
Other moves out of overbought or oversold territory can also be useful. For example, when an asset is in an uptrend, a drop below 20 (or even 30) and then a rally back above it could indicate a pullback is over and the price uptrend is resuming. The same goes for a downtrend. A short-term rally could push the MFI up to 70 or 80, but when it drops back below that could be the time to enter a short trade in preparation for another drop .
Reference : www.investopedia.com
WARNING :
** Since each instrument in the list has its own unique contract data, you must first enter its name to display it. I recommend you to select OANDA from the markets. Finally, when the COT reports are issued, it may repaints. However, this repaint is usually close to closing or after close .(When COT reports are so sharp ) So use this script only 1W ( 1 week ) or 1 M ( 1 month ) timeframe.
** This data is taken to Tradingview with the help of Quandl. This is a very low possibility, but the system will not work if there is a malfunction.
FEATURES :
*** Working with all futures (Including : Bitcoin )
*** If you dont work with "Futures" , you can select "Others" from switchable menu and use volume for all instruments.
*** New generation elegant design used : Adaptive coloring Overbought - Oversold Levels according to the closing price.
NOTE : This code is open source under the MIT License. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com
Stay tuned. Best wishes !
MFI flatИз 5 периодов вычислено среднее значение. Использовать вместе с индикатором ADR_B+CCI на интервалах 115,230,450 минут и 12 часах. Важно пересечение с касательной и положение относительно нулевой линии. Позволяет более точно получить точку входа и выхода.
MFI MTF Pane [Anan]Hello friends,
This is MFI MTF Pane :
Green : MFI >= 50
RED : MFI < 50
Green Dot : MFI Oversold MFI >= 80
Red Dot : MFI Overbought <=20
Dependent Variable Odd Generator For Machine Learning TechniquesCAUTION : Not suitable for strategy, open to development.
If can we separate the stagnant market from other markets, can we be so much more accurate?
This project was written to research it. It is just the tiny part of the begining.
And this is a very necessary but very small side function in the main function. Lets start :
Hi users, I had this idea in my mind for a long time but I had a hard time finding the parameters that would make the market stagnant. This idea is my first original command system. Although it is very difficult to make sense of the stagnant market, I think that this command system can achieve realistic proportions. With 's money flow index, I opened the track to determine the level. On the other hand, the prices were also using a money flow index, and it forced me to make the limitations between the levels in a logical way. But the good thing is that since the bollinger bandwidth uses a larger period, we are able to print normal values at extreme buy and sell values.
In terms of price, we can define excessive purchase and sale values as the period is smaller. I have repeatedly looked at the limit values that determine the bull, bear, and bollinger bandwidth (mfi), and I think this is the right one. Then I have included these values in the probability set.
The bull and bear market did not form the intersection of the cluster, and because there are connected events, the stagnant market, which is the intersection, will be added to the other markets with the same venn diagram logic and the sum of the probability set will be 1. is equal to. I hope that we can renew the number generators in the very important parameters of machine learning such as Markov Process with generators dependent on dependent variables, which bring us closer to reality. This function is open to development and can be made of various ideas on machine learning. Best wishes.
This code is open source under the MIT license. If you have any improvements or corrections to suggest, please send me a pull request via the github repository github.com
Function : Bollinger Bands and BBW Squeeze DetectorThis script shows Bollinger Bands function and want to detect Bollinger Band Width Squeeze with a successful, different perspective .
Bollinger Bands : You can specify the Bollinger Bands periods as mutable variables .
Bollinger Band Width Squeeze : First the Bollinger bands width was calculated.The width was then divided into levels using the money flow index.
Thus, the bollinger takes into account the available volume averages when calculating the band width mfi (Money Flow Index).
After this modelling, we can limit and color the lower limit and upper limits just as Relative Strength Index.
We can even put warnings on oversold areas if desired. Let's not forget that we are working with width rather than price.
By design, squeeze areas are defined directly above the Bollinger Bands with coloration. I think it is very practical and looks stylish.
I tried and found it quite successful and wanted to share it with users.
I came up with many ideas when I wrote this system, and I will share them very soon . I hope it will be useful to users and give new ideas.
Best regards.
Money Flow Index Extreme Condition + MACDCombine the signal of extreme condition of Money Flow Index and MACD
MTF Enhanced Money Flow Index - Quong/SoudackThis is my "Enhanced Money Flow Index" indicator using Pine Script version 4.0. This was originally conceived by Gene Quong and Avrum Soudack. While the original was simplistically designed, I enhanced it by adding a multitude of features listed below.
Most noticeably is the multiple time frame (MTF) features in the indicator "Settings". The upper two displayed indicators are using 15 second and 4 minute time frames. This may be the second PSv4.0 script to accommodate seconds in MTF adequately, but don't quote me on that. I haven't spent hours extensively looking for them. Be forewarned, second-based time frames are currently for Premium subscribers only, until such time in the future when the prerogative of TV might change. I will be adding second-based time frames to my other indicators where I feel it is beneficial to the indicator.
One other noticeable feature of this script is the adjustable automated gain control mechanism providing better visibility than the plain original TV built-in seen on the very bottom. This enables the indicator to make more complete full swings between +/-1.0 with the available indicator space compared to the original for a slightly improved visual examination.
Note: This script has volume detection built-in. When no volume is available, the background color will be overwhelmingly red AND the indicator will cease to function.
Features List Includes:
I.P.O.C.S.(Initial Public Offering Clean Start) Technology
Enable/disable dark background for enhanced visibility
"Period" adjustment
"Gain Control" adjustment
"Line Width" adjustment
"Display Area" selection for visual variations displayed above
Ranges and thresholds are enable/disable capable
Upper threshold adjustment
Red/green secondary range that adjusts +/- from the upper/lower thresholds
Lower threshold adjustment
Adjustable centered medial zone
This is not a freely available indicator, FYI. To witness my Pine poetry in action, properly negotiated requests for unlimited access, per indicator, may ONLY be obtained by direct contact with me using TV's "Private Chats" or by "Message" hidden in my member name above. The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. If you do have any questions or comments regarding this indicator, I will consider your inquiries, thoughts, and concepts presented below in the comments section, when time provides it. When my indicators achieve more prevalent use by TV members, I will implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!
Money Flow Index (MFI) [Rocha]Indicator: Money Flow Index
Highlight Oversold/Overbought
Line 50 (>50 Bullish and <50 Bearish)
CoinExpert OscillatorCombined Oscillator with amazingly accurate Buy/Sell signals and alerts.
Includes warnings for possible tops, possible bottoms , etc.
Also contains many perfectly refined indicator s ( VWAP , MFI, MOM, EMA distance) that help serve making the right decisions .
Combined with CoinExpert Overlay and CoinExpert Trend it is possibly the best trading tool up to now .
This is not an indicator, this is a WINdicator!
For access and prices, add me on Discord, Amnesio#0001 or message me here, on Tradingview.
Bilateral Stochastic RSI/MFI [AL] @Version=3 Hi, this is a Stochastic RSI/MFI converted from Alex Grover's (www.tradingview.com) idea for the Stochastic calculation.
It also includes the cycle calculation and filtering form Anooj Patel
And the Divergence plots from Just UncleL www.tradingview.com
There are probably a few i have forgotten but thanks to all of the community who share and help us all learn!!
MFI and RSI wih (R/H Divergence)Hello Friends,
* RSI + MFI + (Regular/Hidden) Divergence + Bullish/Bearish background colors.
* you can edit your options from indicator settings.
MFI Divergence v2Edited the RSI div indicator by Libertus to use MFI & show on candles. V2 update filters the divs using stochastic oversold & overbought & removes the lagging signals (they were offset back by 1 bar).
Default settings were tuned for xbtusd 1hr; works well if after a signal you wait for a stochastic indicator to stop being oversold or overbought, so if eg. you see a cluster of sell signals at a top, wait for the stoch to cross below 80 before entry. Please backtest before trading with this, DYOR NFA GLHF!
MFI DivergenceThis is an edit of the RSI divergence indicator by Libertus (thanks!). Play around with the settings, you'll want to tweak length & lookback per market & timeframe.
💸 Divergence Finder v1.0 by Cryptothythms💸 Divergence Finder v1.0 by Cryptothythms
Intro
This indicator is meant as a quantitative look at divergences. Special thanks to RicardoSantos (legend!) for his divergence detection script which was used as a basis to construct this.
Usage
Lime Green = Regular Bullish Divergence
Dark Green = Hidden Bullish Divergence
Red = Regular Bearish Divergence
Maroon = Hidden Bearish Divergence
Remember... divergences do not have a high probability success overall. So to mitigate that this is an attempt to source many "opinions" on the state of divergence from many different classes of indicators.
Leading indicators - Lead price action, but have a higher probability of false signals
Real time indicators - Track price action, momentum, etc in a tick by tick state. Generally a 1-3 bars lag can be present.
Lagging indicators - Lag price action a little, but offer more in terms of confirmation of the divergence
Volume indicators - Look at volume flow in different fashions and give an added dimension to divergence finding. Remember volume divergences interact with price independently. For instance volume can be going down, but price going up. Be sure to understand the relationship of volume and price action when considering these readings.
👍 Enjoying this indicator or find it useful? Please give me a like and follow! I post crypto analysis, price action strategies and free indicators regularly.
💬 Questions? Comments? Want to get access to an entire suite of proven trading indicators? Come visit us on telegram and chat, or just soak up some knowledge. We make timely posts about the market, news, and strategy everyday. Our community isn't open only to subscribers - everyone is welcome to join.
For Trialers & Chat: t.me/cryptorhythms
MFPH‴ | Money Flow Pressure HistogramMFPH‴ is a Money Flow oscillator that allows you to have a better understanding and interpretation of its behavior once you are able to see it through an histrogram.
What is the best is that you can use it with any kind of graphic that it will always considere the real open, close, high and low trading values.
To have access to this indicator, please contact me at: contato @ moneywise . com . br
Believe me, this indicator will make your life much easier!
MFI PlotterPlaces icons on the chart to show which bars are overbought or oversold based on threshold limits used for MFI.