Bollinger Bands Money Flow Index %

26 thg 7, 2020

This script is similar to the previous one "Bollinger Bands Money Flow Index" but it's a little easier to interpret.

Fix the top line of the "BBMFI" to 1, and the bottom line to 0.
Indicates where "Money Flow Index" is located between the top and bottom lines.

If it's bigger than 1, it's overbuying. If it's less than 0, it's overselling.

Consider a trade if you are out of range from 0 to 1.

It's also a good trade timing to out of range and come back in.

27 thg 7, 2020

Phát hành các Ghi chú

The StandardDeviation has been changed to allow a decimal entry.