OPEN-SOURCE SCRIPT
Mis à jour MFI v1.0 Normal and Dinamic (Totals)
The normal MFI script use an RSI in the formula so the quantity of movments are not visible, this script allows you to see how much volume is being trade at the moment, so you can detect unusual levels, but you will no be allowed to see the RSI (0-100)* so I suggest to use this script with a normal MFI
Features:
+ Normal MFI length (14)
+ Green bars show the total of money trade of the bars that are going up
+ Red bars show the total of money trade when of the bars that are going down
+ Dinamic calculation (Optional)(Bellow)
Normal MFI use hlc3 ((high+low+close)/3) * (volume) to calculate each bar
The dinamic MFI: (This is an optional feature, if you dont active it you will use the normal MFI calculation)
(The information bellow is experimental and theorical only, you can use it or not in the script with the Dinamic option)
Dinamic MFI divides the bar and volume in three parts.
Volume is corresponding on each part ex. If the bar has not a top or lower wick the 100% of volume is in the middle... ex 2 If the 50% of the bar is a top wick, the 50% of volume is in the top wick
Top wick: Is calculated this way
If the bar is red (high-open)*volume of top wick
or
If the bar is green (high-close)*volume of top wick
Middle: Is calculated this way
If the bar is green (close-open)*volumemiddle
or
If the bar is red (open-close)*volumemiddle
Lower wick
If the bar is red (close-low)*volume of lower wick
or
If the bar is green (open- low)*volume of lower wick
Features:
+ Normal MFI length (14)
+ Green bars show the total of money trade of the bars that are going up
+ Red bars show the total of money trade when of the bars that are going down
+ Dinamic calculation (Optional)(Bellow)
Normal MFI use hlc3 ((high+low+close)/3) * (volume) to calculate each bar
The dinamic MFI: (This is an optional feature, if you dont active it you will use the normal MFI calculation)
(The information bellow is experimental and theorical only, you can use it or not in the script with the Dinamic option)
Dinamic MFI divides the bar and volume in three parts.
Volume is corresponding on each part ex. If the bar has not a top or lower wick the 100% of volume is in the middle... ex 2 If the 50% of the bar is a top wick, the 50% of volume is in the top wick
Top wick: Is calculated this way
If the bar is red (high-open)*volume of top wick
or
If the bar is green (high-close)*volume of top wick
Middle: Is calculated this way
If the bar is green (close-open)*volumemiddle
or
If the bar is red (open-close)*volumemiddle
Lower wick
If the bar is red (close-low)*volume of lower wick
or
If the bar is green (open- low)*volume of lower wick
Notes de version
+ Now a line could be plotted instead of the bars as a normal MFIScript open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.