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

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?

Intrest 1 wrote: Thu Mar 27, 2025 7:59 am Thank you.
Is this exactly the Market Facilitation Index? I would also like a histogram to see the color of the bar relative to the period. That is, for example, if the period 5, then the current bar is compared with the sum of the ranges of the divided by the amount of the volumes of the previous five bars

Intrest 1 wrote: Thu Mar 27, 2025 7:59 am Thank you.
Is this exactly the Market Facilitation Index? I would also like a histogram to see the color of the bar relative to the period. That is, for example, if the period 5, then the current bar is compared with the sum of the ranges of the divided by the amount of the volumes of the previous five bars

mrtools wrote: Thu Mar 27, 2025 8:18 am Sorry, my bad got mfi in my head and went with that, will see what I can do with that one,

Intrest 1 wrote: Thu Mar 27, 2025 8:12 am P.S.
That is, in order to see the weight of the bar relatively not the previous bar, but relative to the average value of several bars specified in the period

Intrest 1 wrote: Thu Mar 27, 2025 8:22 am Your version also looks interesting, but I don’t know how to read it yet))

mrtools wrote: Thu Mar 27, 2025 10:10 am Try now, if you set the period to 1 it should be the same or close to the built-in version.

mrtools wrote: Thu Mar 27, 2025 10:10 am Try now, if you set the period to 1 it should be the same or close to the built-in version.

Intrest 1 wrote: Thu Mar 27, 2025 5:26 pm P.S.
I do not understand the moment of averaging.

((High minus Low 1 + High minus Low 2 + High minus Low 3) divide by (Volume 1 + Volume 2 + Volume 3)),

This is an absolute value and should not change the value with any type of sliding average, but when I change the type of price, the color of the bars changes.

Is it possible to make a version of absolute values,
When is the current bar compared with the absolute value of the average value of several bars?

double huu[],hdd[],hud[],hdu[];