On Balance Volume with Stochastic Normalization, PIV + NVI Signal Line & Money Flow Index optionixion700 wrote: Tue Apr 30, 2024 12:16 am Hello @mrtools. Could you add MFI to this one please? Many thanks in forward.
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)