3 Indicator Strategy (StochRSI, MFI & EMA) With Safety OrdersThis strategy uses Stochastic RSI, Money Flow Index and EMA with settings for lower time-frames.
It also features safety orders based on 3 different take profit and stop loss methods.
Recommended Indicator Settings for lower time-frames;
Stoch RSI: 1,1,100,100
MFI: 30
EMA: 100
Take Profit/Stop Loss Settings:
There are 3 TP/SL types available;
- Pips -> based on minticks
- Base Value -> manually entering a value for the actual profit/loss.
- Opposite Signal -> e.g. if the current open order is long, strategy waits for the next short signal.
Indeks przepływów pieniężnych (MFI)
Dollar cost averaging This is a testing startergy based on dollar cost averaging and sell on high points.
Oversold / OverboughtMy first script. Based on RSI , CCI , RVI, and MFI . You can customize overbought or oversold thresholds for any indicator.
If you have any ideas - welcome.
Disclaimer
This is not financial advice. Trade on your own risk.
NVTNetwork Value to Transactions Ratio (NVT) is defined as the ratio of market capitalization divided by transacted volume.
NVT Ratio can be thought of as an indicator that measures whether the blockchain network is overvalued or not.
If it is upper than red line, it means overvalued.
NVT Golden Cross targets to generate short or long signals by comparing the short-term trend of NVT and the long-term trend of NVT. If the short-term trend is way greater than the long-term trend is, the network can be interpreted as overpriced and will soon revert to mean value, meaning short signal. Similarly, the opposite case may imply a long signal.
Over the red line is short signal and under the green line is long signal.
You can find divergence in this indicator.
There are two sources
cryptocap
glassnode
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.
Trend Strength Directional IndicatorThis study was inspired by two famous Trading View contributors. Shout out to Lazy Bear and Crypto Face!
In this study you have a live view of the strength of direction the market is heading. The indicator that looks like a black wave is showing us the momentum of price action. When a green dot appears under the lower level it is a indication that we should consider buying, and if the red dot appears over the upper level we should sell. The custom MFI indicator determines how much money is flowing into the market. If it is green that means money is flowing into the market and if it shows red it means that money is flowing out of the market.
Crypto Squeeze StrategyThis strategy was inspired by two famous Trading View contributors. Shout out to Lazy Bear and Crypto Face!
The strategy includes a similar replication of the blue wave, and MFI indicator. The point of the strategy is to buy when the blue wave crosses up the zero value, and the MFI is greater than zero value. This indicates that there is strong bullish momentum and money flowing into the market.
[VJ]Thor for MFIThis is a simple intraday strategy for working on Stocks or commodities . You can modify the start time and end time based on your timezones. Session value should be from market start to the time you want to square-off
Important: The end time should be at least 2 minutes before the intraday square-off time set by your broker
Comment below if you get good returns
Strategy:
Indicators used :
Moving average (MA) is a widely used technical indicator that smooths out price trends by filtering out the “noise” from random short-term price fluctuations. Here moving averages are used to identify trend direction and to determine support and resistance levels. Overbought and oversold regions are also taken into consideration
The Money Flow Index ( MFI ) is a momentum indicator that measures the flow of money into and out of a security over a specified period of time. It is related to the Relative Strength Index ( RSI ) but incorporates volume , whereas the RSI only considers price. The MFI is calculated by accumulating positive and negative Money Flow values (see Money Flow ), then creating a Money Ratio. The Money Ratio is then normalized into the MFI oscillator form.
Using the combination of Overbought and Oversold values and varying MFI and using the MA filter to ensure the direction , we can buy/sell when conditions are met
Buying with MFI
1. MFI drops below 20 and enters inside oversold zone.
2. MFI bounces back above 20.
3. MFI pulls back but remains above 20.
4. A MFI break out above its previous high is a good buy signal.
Selling with MFI
1. MFI rises above 80 and enters inside overbought zone.
2. MFI drops back below 80.
3. MFI rises slightly but remains below 80.
4. MFI drops lower than its previous low is a signal to short sell or profit booking
Usage & Best setting :
Choose a good volatile stock and a time frame - 5m.
MFI factor : 3
Moving Average : 80
Overbought & Oversold - can be varied as per user
There is stop loss and take profit that can be used to optimise your trade
The template also includes daily square off based on your time.
Money Flow Index 5 min Strategy1 - Apply the 3 period Money Flow Index indicator to the 5 minute chart, using 0 and 100 as our oversold and overbought boundaries
2 - Wait for the MFI to reach overbought levels, that indicates the presence of "big sharks" in the market. Price needs to hold up
the first two MFI overbought occurrences of the day to be considered as a bullish entry signal.*
3 - We buy when the MFI = 100 and the next candle is a bullish candle with short wicks.
4 - We place our Stop Loss below the low of the trading day and we Take Profit during the first 60 minutes after taking the trade.
The logic above can be used in a mirrored fashion to take short entries, this is a custom parameter that can be modified from
the strategy Inputs panel.
* I'm using a SMA filter to avoid buying when the price is declining. Time frame was better at 15 min according to my test.
TradePro's Trading Idea Cipher Divergence EMA Pb StrategyHere I present you on of Trade Pro's Trading Idea: Cipher B+ Divergence EMA Pullback Strategy.
Optimized the crypto pairBTC/USDT in the 30 minute chart.
There is the possibility to switch between short and long positions.
You can choose between 2 different take profit/stop loss types: The Lowest Low/ Highest High Stop Loss/ Take Profit and the ATR Take Profit/ Stop Loss.
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How does the strategy work?
ENTRY
Long
The price must be above the 200 EMA .
The price needs to make a pullback into the 50 EMA .
Right after that, the Cipher B indicator must give a buy signal, it must be below the zero line and the Money Flow cloud must be green.
Short
Contrary to the premise of long positions.
EXIT
Lowest Low/ Highest High Exit
The Lowest Low (long) / highest high (short) serves as the stop loss. The TP is formed on the basis of a factor.
(Long for example: *Lowest Low* multiplied by *Profitfactor* = TP).
ATR Exit
The value of ATR at the time of buying is multiplied by the value entered in "Profit factor ATR" and "Stop factor ATR". As soon as the price reaches this value, it is closed.
Important
The script must be optimized for each coin or currency pair. However, only the values for the profit factor, the stop loss and Lowest Low / Highest High are relevant.
Also, by changing the Chanel Length and the Chanel Average, you can create strong profit changes.
The results of the strategy are without commissions and leverage.
If you have any questions or feedback, please let me know in the comments.
If you need more information about the strategy and want to know exactly how to apply it, check out my profile. There I have created a tutorial for the function of the script.
CM_Twiggs Money FlowFull Credit goes to LazyBear for publishing Original Code.
I added:
Threshold lines that changes the color of Histogram based on if it exceeds Threshold lines. Ability to turn off and on.
Ability to Turn Histogram Off/On
Ability to turn Twiggs Money Flow Line Off/On
MFI Waves w LevelsThis is a Money Flow Index oscillating wave indicator that also has preset levels that can be adjusted by the user in the settings. The levels indicate how deep or high the waves are moving to
i use this indicator when scalping and on all time frame charts, i like to watch for certain patterns forming either at the lower levels for longs or at the higher levels for shorts.
This indicator is smoothed for Heikin Ashi candles, and does RSI in the calculation. MFI uses volume and price change.
Stochastic MFIDue to some similarity of the Relative Strength Index(RSI) and Money Flow Index(MFI), I thought of creating a Stoch MFI inspired by the Stoch RSI.
- can be used similar to the Stoch RSI
- useful for pullback during trending markets and for S&R trading during ranging markets
TAYOR!
Dziwne MFI Overlay (with highlight)It is simply your traditional MFI , except that your 50 line became the actual price.
Why and how could it be useful? This indicator helps to spot more easily and efficiently divergences .
You could also use it for trend reversals as you usually do with your 50 line, but I would suggest to set a higher length for the MFI, like 155 or something like that.
ArtY Money Flow IndexThis is modification of built-in Money Flow Index with painting of oversold and overbought areas.
GOD's EYEGet to know when to accumulate when biggies are buying and when to stay away from the stock
Money Flow Index (MFI)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
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.
Griffin Money Flow IndexThis is a modification of the commonly used money flow index. The major change is to the way the average price is calculated. Typically this is done with a hlc3 method,
meaning the average of the period high, low, and closing prices. This calculation infers that volume is evenly distributed between those three points. Generally this is not the case.
My version calculates the average price by including the open price and making the assumption that the majority of the volume occurs within the body of the candle, between
the open and close. I calculate a weighted average that places more significance on the close and open, then an equal weighting on the high and low.
In general this will result in a trend that does not differ greatly from the regular MFI calculation however there may be subtle changes.
Smart Money Index (SMI)It came to my attention that one very common implementation of SMI was incorrect; rather than subtracting the first hour delta and adding the last hour delta it subtracts the whole day delta and adds the last 30m delta. While this indicator might have had some use, it is not what I understand to be the actual Smart Money Index and so I post this as a correction for use in other scripts.
MFI & EMA & Bollinger BandsIn this script
I combined the various of the oscillator
MFI ( Money Flow Index ) with BB ( Bollinger Bands ).
As the MFI crosses the BB base, a green / red point is formed accordingly.
As a sign it is possible to continue up / down.
I added EMA8 to MFI (style circles)
When the oscillator is above the EMA - it is possible that this is a clear sign of an increase.
Band 50 was also added to facilitate the calculations.
DAX Money FlowMoney Flow (MFL of MFI) indicator for the DAX index, which works on the hourly timeframe.
In order for this indicator to work for you, you must have access to the Xetra (XETR:DAX) tickers, where the underlying stocks of DAX are trading.
For some reason Xetra does NOT provide hourly volume so you can't see the money flow using the built-in TradingView indicator. But now, with this indicator, you can! :)
