Money Flow Index (double) by CoinStag

7 thg 3, 2022

hey Piners community,

this is an iteration of inbuilt MFI script, with two MFIs of different lengths and one Moving Average which is dependent on MFI 1.
I find it useful to see the trend of longer MFI period, which tells me what direction to trade. On shorter period MFI I'm looking at Oversold or Overbought zones - while quicker MFI index is there, I'm looking to Buy/Sell, depending on trend.
Alternatively, you can use also MFI1 and MA crossovers to spot potential entries.
It seems like a good tool for crypto markets on any timeframes - from 5min, to 4h.

8 thg 3, 2022

Phát hành các Ghi chú

Publishing again, with a clean chart and some cosmetic changes to the code.