SEC7 wrote: Fri Feb 21, 2025 11:26 am Hello,
I would appreciate some help.
Does anyone have a Market Facilitation Index Indicator with 14 periods
The standard version has no period/inputs
Thanks
Hello, made this version with a choice of prices and periods.Intrest 1 wrote: Thu Mar 27, 2025 6:24 am BW MFI compares the values ​​of the current bar with the previous one. This is not very correct for analysis. I think that the value of the current bar should be compared with the average value of several previous bars. That is, the sum of the ranges of the bars of a given period is divided into the amount of their volumes.
Thus, the value of the current bar will be relatively averaged by the given period. Will anyone make such an indicator?