note* If you've used my "+ Rate of Change Indicator", I am updating that without the OBV, which has been moved here. Just an FYI.
This "indicator" is basically a variety of indicators that measure volume, or accumulation/distribution. There's a bit of a story about how this came about but
it's not that interesting, so I'll spare you.
Indicators from which you...
This indicator is an implementation of a circular barplot aiming to return the market sentiment given by multiple normalized oscillators. These include the relative strength index (RSI), Stochastic %K (%K), Linear Correlation Oscillator (ROSC), William Percent Range (WPR), Percent Rank (%R), and money flow index (MFI).
The length period of each of these...
Elliott Wave Principle, developed by Ralph Nelson Elliott , proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. These waves are a result of influence on investors from outside sources...
RMI is a combination of RSI and MFI oscillators which considers money flow and strength of supply or demand together.
It estimates that the money of which side is being ran out.
So the power of trends can be predictable approximately.
Where the green columns appear, it means demand is very high and it can fall because buyers may withdraw and sell their assets.
And...
This script is composed of 4 elements:
EMA Cross Indicator
Money Flow Indicator Oversold/Overbought
RSI with divergence indicator
Apirine Slow RSI
EMA Cross:
The EMA Cross provides a rough idea of trend direction. The 50 horizontal line will flash green/red depending on the current EMA crossover status.
The EMA values can be changed depending on your...
This script was created to provide confluence when entering trades. Trades are entered as scalp trades with trailing stops, that sometimes turn into swing trades.
This script is composed of three elements:
EMA Cross Indicator
Money Flow Indicator Oversold/Overbought
Triple Stochastic - The Core Component of this script
EMA Cross:
The EMA Cross...
User request. A tuned version of the built-in True Strength Index (TSI) indicator with the following options included:
MFI - Signal Histogram
MFI/Signal Crossovers
MFI/Signal Ribbon
Bands breakouts highlighting
Middle line crossovers background
What?
Who the hell wants to put 6 oscillators on their chart when you can get a quick overview with a simple heatmap.
Content
This indicator contains:
RSI heatmap (relative strength index)
VZO heatmap (volume zone oscillator)
MFI heatmap (money flow index)
CCI heatmap (commodity channel index)
BBP heatmap (bollinger band percentage)
DMI...
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...
Dear Followers,
today a new great Scalper Tool , based on a custom version of Money Flow (MFI) oscillator, which works on both Candlesticks, Heiking Ashi and Renko charts , from 1 second Renko chart and above (on non Renko charts, the higher, the better of course!), both on FOREX, Cryptocurrencies, Stocks and Commodities!
This tool has some cool features:
...
GA Momentum Divergences Script highlights Trend Strength, Overbought-Oversold Conditions, Regular-Hidden Divergences. Besides, it shows the Buying-Selling Pressure.
The practical use of any Momentum Curve helps in the comprehension of:
Supply-Demand Absorption.
Thrusts and their shortening.
The reversing and the continuation of the trend.
True Strength of...
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...
This 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...
This oscillator basically is three in one oscillator with every overbought/oversold condition on different levels being illuminated/highlighted in the oscillator background for ease of spotting potential trade opportunity .
Oscillators involved :-
1. RSI (Relative Strength Index)
2. StochRSI (Stocahstic Relative Strength Index)
3. MFI (Money Flow Index)
Tip...
Combines 4 popular indicators (RSI, Stoch, SRSI, MFI) and 1 peculiar one (Aroon) in 1 for those who want to save indicators but not only.
This is an evolution of my (simpler) "RSI / Stoch / Stoch RSI (SRSI) Overlay " that you can find on my scripts.
Added bands for oversold/overbought areas (70/30 common for RSI and 80/20 for SRSI and MFI), as well as a middle...
Take on LazyBear's SB_RSI/MFI with Volatility Indicator.
The original indicator is coupled with the Bollinger Band strategy.
Original Idea:
Wanted to test the indicator with bbstrategy.
Message if you think of any modifications/ enhancements/ any opportunities. :)
Donations/Tips... :) -
BTC: 1BjswGcRR6c23pka7qh5t5k56j46cuyyy2
ETH:...
![BTCUSD: Circular Barplot - Oscillators Sentiment [LuxAlgo]](https://s3.tradingview.com/j/JzrxU03D_mid.png "Circular Barplot - Oscillators Sentiment [LuxAlgo]")
![BTCUSDT: [astropark] MFI divergences](https://s3.tradingview.com/x/xVYCT1G8_mid.png "[astropark] MFI divergences")
![BTCUSD: RSI / Stoch / SRSI / MFI / Aroon Overlay [SigmaDraconis]](https://s3.tradingview.com/4/44xSSO02_mid.png "RSI / Stoch / SRSI / MFI / Aroon Overlay [SigmaDraconis]")
