OPEN-SOURCE SCRIPT

Scalpy MFI

4 543
*Modified version of my Scalpy indicator replacing RSI with MFI*
It is made up of a 2 main parts.

- The cloud comprising of a 10 period SMA and a 30 period SMA .

- When the cloud is green you should be looking for long entries.
- When the cloud is red you should be looking for short entries.
- Price is most bullish above a green cloud and most bearish below a red cloud.
- Being within the cloud indicates indecision.

The red line represents the MFI

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