ixion700 wrote: Tue Apr 30, 2024 12:16 am Hello @mrtools. Could you add MFI to this one please? Many thanks in forward.

On Balance Volume with Stochastic Normalization, PIV + NVI Signal Line & Money Flow Index option

Hello,

Mfi and mfi price added.

• This version of the OBV also comes with MFI, PVI (Positive Volume Index) & NVI (Negative Volume Index) options
• Is Normalized which adds levels that give the indicator boundaries for gauging Oversold and Overbought areas
• Includes 6 OBV calculation types:
  • Original
  • Alternative 1 (using higher timeframes for smoothing version 1)
  • Alternative 2 (using higher timeframes for smoothing version 2)
  • PVI (Positive Volume Index)
  • NVI (Negative Volume Index)
  • MFI (Money Flow Index)

For more information on the PVI & NVI, please see here: What is PVI + NVI?