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MFI

MFI Simple StrategyHere I've made a simple strategy based off a simple moving average of an MFI length. Back tested on a BYBIT:BTCUSDT 30m chart. Conditions: ---When the price is above the golden SMA of 200 bars--- - Buy: when MFI is moving up - Sell: when MFI is moving down - Stop: golden SMA of 200 bars If you would like alerts: 1.) Add the strategy to your chart, 2.) Go to "Create Alert", 3.) Select "MFI Simple Strategy" in your alert creator, 4.) Select whatever notifications settings or message settings, 5.) Finally, click "Create" and you're good to go. Disclaimer: Please do your own research before making any decisions financially. Past results do not guarantee future results.
Pine Script™ strategy
by OztheWoz
Continuous DivergenceDivergence is generally measured on the RSI and limited to finding either: 1. higher highs on the price and lower highs on the RSI (bearish divergence) 2. lower lows on the price and higher lows on the RSI (bullish divergence) Continuous Divergence (CD) does two things differently. Firstly, it uses the MFI as its primary source of data, due to its volume component giving it higher accuracy. Secondly, it doesn't measure discrete divergence - i.e. between peaks and troughs - but rather a continuous divergence measurement. Essentially it is measuring at any given time, the correlation between the price and the MFI. This is smoothed with a moving average (configurable) to get cleaner lines. CD is used to detect both a slowing down of momentum on the current trend, and a reversal of trend due to changing momentum.
Pine Script™ indicator
by babaggeii
Kifier's MFI/STOCH Hidden Divergence/Trend BeaterMFI/STOCH Hidden Divergence/Trend Beater General Idea: My premise around this strategy was to make a general strategy for crypto that would help out with finding entry positions for when you’re bullish on a crypto and want to hold on for a while, and at the same time avoiding massive drops. Essentially a way to mix long term/ swing trading; I somewhat achieved my goal however it still requires a lot of logic tuning of the trend averages. I’m a huge proponent of volume indicators and coupled with average closing price, I think this gives a really good idea of what is happening with the market. It gives an idea on the market and retail investor sentiment. This generally gives you logical entry positions (Although I don’t know how amazing that will work with all cryptos, there’s a fine line between a good strategy and one that just rides bubble market conditions, some would argue that’s still a success and others not) How it works: There are many components to the strategy that try to do different things: First of all there are two types of entries, a MFI hidden divergence with a STOCH check, essentially it will only fire when a divergence is detected while STOCH is above 50%, however this might be changed in the future as due to the volatile nature of cryptos, the STOCH is not too effective. The second entry is a simple MFI/STOCH trend, if STOCH is above 50% and the trend is detected to be in a trending long, once a MFI crossover over the 50% line is detected an entry is placed, this is designed to get out profit where the divergence would otherwise be less accurate during strongly trending conditions. -MFI is a great indicator, as a volume weighted momentum indicator I find it the most accurate of all, the STOCH however is a great indicator to get a general picture of simple market conditions and can filter out the emotional noise of retail investors. -VWMA and an SMA (The bottom oscillator) gives an idea of the trend tacking into account of the volume, this serves as a more short term filter of the trend for filters. -OBV checks are done between the OBV and an EMA of the OBV, to get the idea of a volume weighted long trend, which is important for crypto as there are massive rallies to go up due to retail greed, it’s great to jump onto it at the beginning, and get off before the stack of cards fall apart. -ATR is used to detect when the market is relatively just ranging or moving sideways, which is where the hidden divergence entries are done, during predictable and profitable market conditions. - Stop loss is based on the closest support of the entry, this is a nice medium of room to breath but also an actual stop loss. Future plans and improvements: Currently there’s a lot I want to improve, mostly the divergence detection and the overall sharpe ratio could be much better, but the current value of 0.5 gives me hope that the strategy is onto something. I also want to change TP from a percentage stop to something more dynamic but that might be too optimistic. The current plan is to paper trade test this either by manual or by a python bot, to see how it performs with some user input as well.
Pine Script™ strategy
by kifier
5
Dynamic SMAThis script uses dynamic length to create a different sma type. The length of the "Dynamic SMA" - "dSMA" can be: 'RSI', 'Stoch', 'ATR', 'MFI' or '%R' For example 'RSI' -> the length of the sSMA will be the RSI itself The biggest challenge was: 'Pine cannot determine the referencing length of a series. Try using max_bars_back' error The writer of 'referencing length of a series' issue gave following solution: bar_index == 0 ? 4999 : len or in case of values which don't go above 100: bar_index == 0 ? 100 : len This assigns the necessary buffer to the function. I'm most grateful for the given solution! These dSMA's can give Support/Resistance levels, also crossovers of different dSMA's can give extra information Examples: RSI ATR (close / atr(len) Stoch MFI %R "show regular SMA" will show the "SMA" with the same length (with default lighter color)
Pine Script™ indicator
by fikira
9
VWMA with kNN Machine Learning: MFI/ADXThis is an experimental strategy that uses a Volume-weighted MA (VWMA) crossing together with Machine Learning kNN filter that uses ADX and MFI to predict, whether the signal is useful. k-nearest neighbours (kNN) is one of the simplest Machine Learning classification algorithms: it puts input parameters in a multidimensional space, and then when a new set of parameters are given, it makes a prediction based on plurality vote of its k neighbours. Money Flow Index (MFI) is an oscillator similar to RSI, but with volume taken into account. Average Directional Index (ADX) is an indicator of trend strength. By putting them together on two-dimensional space and checking, whether nearby values have indicated a strong uptrend or downtrend, we hope to filter out bad signals from the MA crossing strategy. This is an experiment, so any feedback would be appreciated. It was tested on BTC/USDT pair on 5 minute timeframe. I am planning to expand this strategy in the future to include more moving averages and filters.
Pine Script™ strategy
by lastguru
9
Chart OscillatorI present you the chart oscillator where an oscillator (Stoch or RSI) is plotted on the chart itself (instead of below the chart) It is inspired on an idea of @Kablamicus Instead of having the lines between 0 and 100, here the '0-100' are - lowest(low, len) - highest(high, len) An overbought/oversold and a middle line is derived from these lines and the oscillator goes in between. It resembles very much the 'normal' oscillator, with a few extra's: - you can see the movement of the candles against the oscillator - S/R levels of oscillator, 50 line, overbought/oversold line, 0-100 line Stoch: RSI: Also a table is included with the Stoch/RSI values Cheers!
Pine Script™ indicator
by fikira
49
RMIRMI 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 when red columns appear, it means supply is very high and sellers or new buyers may enter into new deals which may increase the price of a asset. I would be glad if I hear your feedbacks.
Pine Script™ indicator
by AliBahaari
1
All in one [Liubam]Hey tradingviewers! This is an All in one Indicator for those who can't add too many indicators on your charts. Inspired by ©LonesomeTheBlue "Indicators all in one" script. I found a lot of very interesting scripts on the public library and I decided to make a tool with some of the greatest IMO, adding some modifications to improve the indicators. With this tool you can plot 1 of 6 different indicators by selecting it from a drop-down list (on the indicator settings). All the credit goes to it's respective owners (taggeds). THIS INDICATOR INCLUDES: 1. Classic RSI with some OB/OS tools: The relative strength index (RSI) is a popular momentum indicator displayed as an oscillator (a line graph that moves between two extremes) that measures the magnitude of recent price changes to evaluate overbought or oversold conditions, in other words it shows signals about bullish and bearish price momentum. I added some visual improvements to help you finding the OB/OS zones. 2. Classic CCI with some OB/OS tools. The Commodity Channel Index​ (CCI) is a momentum-based oscillator used as market indicator to help determine market movements that may indicate buying or selling. Added some vistual improvements to the chart. 3. ADX and DMI oscillator with the keylevel coded by @console: The Average Directional Index (ADX) is non-directional indicator used by some traders to determine the strength of a trend. When the ADX line is rising (Above the keylevel) trend strength is increasing, and the price moves in the direction of the trend whether up or down. Otherwise, low ADX (Below the keylevel) is usually a sign of accumulation or distribution (Range). Non-trending doesn't mean the price isn't moving. It may not be, but the price could also be making a trend change or is too volatile for a clear direction to be present. Suggested settings of the keylevel is 23-25.... REMEMBER: The trend may be your friend. 4. MFI The Money Flow Index (MFI) is a technical oscillator for identifying overbought or oversold signals in an asset. Unlike conventional oscillators such as the RSI, the Money Flow Index incorporates both price and volume data, as opposed to just price. It can also be used to spot divergences which warn of a trend change in price. 5. Stochastic: A stochastic oscillator is range-bound, meaning it is always between 0 and 100. This makes it a useful indicator of overbought and oversold conditions. Traditionally, readings over 80 are considered in the overbought range, and readings under 20 are considered oversold. However, these are not always indicative of impending reversal; very strong trends can maintain overbought or oversold conditions for an extended period. Instead, traders should look to changes in the stochastic oscillator for clues about future trend shifts. I added some features for this popular indicator to show the stochastic crosses. 6. The famous Squeeze momentum Indicator made by @Lazybear: This is derivate of John Carter's "TTM Squeeze" volatility indicator and its very strong when using with trending indicator such a ADX. Black line (or no-line) on the midline show that the market just entered a squeeze ( Bollinger Bands are with in Keltner Channel). This signifies low volatility , market preparing itself for an explosive move (up or down). Gray line signify "Squeeze release". Mr.Carter suggests waiting till the gray line after a blackline, and taking a position in the direction of the momentum (for ex., if momentum value is above zero, go long). Exit the position when the momentum changes. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ This script is source code protected, but you can add to your favorite list to use it. Also you can add twice to use 2 different indicators at the same time (E.g. Squeeze Momentum Indicator + ADX) An additional indicator I made (MA Hunterz + InfoPanel) is needed to not miss good entry points. Your valuable comment and feedback is much appreciated... And remember indicators can be really helpfull but always use Price Action.
Pine Script™ indicator
by Liubam
4
Ultimate MA + MFIHey Folks, this is in indicator that generates buy and sell alerts using Ultimate Moving Average and Money Flow Index. Buy Alerts Multi Time Frame Moving Average trend reversal AND MFI < threshold Sell Alerts MFI crossing under overbought threshold Recommended settings for 3commas - Create Alert with Buy Alert and link it to "Message for deal start signal" - Create Alert with Sell Alert and link it to "Message to close all deals at Market Price" - Set Take Profit to 1.0% with trailing between 0.2% and 0.6% - DO NOT USE STOP LOSS
Pine Script™ indicator
by rouxam
33
Combo Backtest 123 Reversal & Market Facilitation Index This is combo strategies for get a cumulative signal. First strategy This System was created from the Book "How I Tripled My Money In The Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies. The strategy buys at market, if close price is higher than the previous close during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50. The strategy sells at market, if close price is lower than the previous close price during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50. Second strategy The Market Facilitation Index is an indicator that relates price range to volume and measures the efficency of price movement. Use the indicator to determine if the market is trending. If the Market Facilitation Index increased, then the market is facilitating trade and is more efficient, implying that the market is trending. If the Market Facilitation Index decreased, then the market is becoming less efficient, which may indicate a trading range is developing that may be a trend reversal. WARNING: - For purpose educate only - This script to change bars colors.
Pine Script™ strategy
by HPotter
2
RSI PlusRSI Plus: ☑️ Show the divergences. ☑️ Shows the approximate price of an RSI level (by default it is level 55 but it can be changed for any other level). ☑️ Shows the bulls and bears zones, in green when crossing level 50 up and red when crossing down. ☑️ Circle the highest and lowest levels as possible purchases and sales. ☑️ Includes a smoothed RSI. RSI Plus: ☑️ Muestra las divergencias. ☑️ Muestra el precio aproximado de un nivel del RSI (por defecto viene el nivel 55 pero se lo puede cambiar por cualquier otro nivel). ☑️ Muestra la zonas de toros y osos, en verde cuando cruza hacia arriba el nivel 50 y rojo cuando cruza hacia abajo. ☑️ Marca con un circulo los niveles mas alto y mas bajos como posibles compras y ventas. ☑️ Incluye un RSI suavizado.
Pine Script™ indicator
by OskarGallard
44
Growth Producer Applicable to FTX:ETHPERP 15 min Relative volatility index (RVI) that will determine the entry and exit points only when the volatility will start to increase and Money Flow index as an additional point for entry. IMPORTANT • Input Partial take profits in your Bot settings • This is a trend strategy and works better in the trending market • We added the trend identifier using the EMA and SMA interaction • We added Take profit and stop loss levels • We added inputs for the period selection, so you could see how the strategy is performing on a monthly basis. • RVI for the entry conditions • MFI was added for the additional entries. • Partial Take-profits
Pine Script™ strategy
by Wunderbit
7