Anyways, cheers

lil tip always have a poc

Birds eye view for strong trends

kvak wrote: Sat Mar 09, 2024 8:55 am Like this

The MFI calculation follows 4 steps as below:

Determine the Typical Price (TP) of the relevant time period
TP = (HIGH + LOW + CLOSE)/3

Determine the Money Flow (MF)
MF = TP * VOLUME
If the current typical price is larger than the preceding typical price, then the money flow is positive, and vice versa. A positive flow implies that investors are building up positions on the underlying asset, whereas a negative money flow implies that investors are exiting positions in the underlying asset.

Determine the Money Ratio (MR)
MR = Positive Money Flow (PMF)/Negative Money Flow (NMF)

Compute the Money Flow Index (MFI)
MFI = 100 – (100 / (1 + MR))
The default time period of the MFI is 14, with the fixed minimum being 0 and the fixed maximum being 100. This means that the MFI value will oscillate between the values of 0 and 100.

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The VIDYA (Variable Index Dynamic Average) is our next baseline indicator choice. This indicator was developed by Tushar Chande in 1992 and was first showcased in the March edition of Technical Analysis of Stock & Commodities magazine. Mr. Chande’s objective was to improve the performance of the EMA (Exponential Moving Average) by increasing its ability to react quicker to market conditions. This was achieved by applying a standard deviation to the SMA (simple moving average). This creates an indicator that is highly responsive to price.

Roadmap

there-s-no-holy-grail-indicator-t8472239.html

Great thread

Baller song so i leave in this thread
Mp4 if youtube takes down the mashup

30 x oscillators in 1 for identifying divergence


Description:

Indicator to trade Divergence.
To determine the divergence can select one of 30 oscillator.

Indicator:

extreme peaks in the form of dots (red - the highs and yellow - a minimum);
Divergence using segments connecting the extremes;
support / resistance lines in the form of rays passing through the extremes;
Channels in the form of rays.

Choosing the right oscillator is held in the first line of entering the number of the oscillator - parameter Osc. By default, the indicator RSI (number 29).

List of Oscillators:

Accelerator
Accumulation / Distribution
Average Directional Movement Index
Average True Range
Awesome oscillator
Bears Power
Bulls Power
Commodity Channel Index
DeMarker
Force Index
Momentum
Money Flow Index
Moving Averages Convergence / Divergence
Moving Average of Oscillator
On Balance Volume
Relative Vigor Index
Standard Deviation
Stochastic Oscillator
Volume
Relative Strength Index
Larry Williams' Percent Range
Relative Strength Index

Advice:

Color oscillator and extreme points of customizable tab Colors.
When installing more than one indicator to the chart to change parameters Complect.