OPEN-SOURCE SCRIPT
Actualizado MFI v1.0 Normal and Dinamic (Totals)

The normal MFI script use an RSI in the formula so the quantity of movments are not visible, this script allows you to see how much volume is being trade at the moment, so you can detect unusual levels, but you will no be allowed to see the RSI (0-100)* so I suggest to use this script with a normal MFI
Features:
+ Normal MFI length (14)
+ Green bars show the total of money trade of the bars that are going up
+ Red bars show the total of money trade when of the bars that are going down
+ Dinamic calculation (Optional)(Bellow)
Normal MFI use hlc3 ((high+low+close)/3) * (volume) to calculate each bar
The dinamic MFI: (This is an optional feature, if you dont active it you will use the normal MFI calculation)
(The information bellow is experimental and theorical only, you can use it or not in the script with the Dinamic option)
Dinamic MFI divides the bar and volume in three parts.
Volume is corresponding on each part ex. If the bar has not a top or lower wick the 100% of volume is in the middle... ex 2 If the 50% of the bar is a top wick, the 50% of volume is in the top wick
Top wick: Is calculated this way
If the bar is red (high-open)*volume of top wick
or
If the bar is green (high-close)*volume of top wick
Middle: Is calculated this way
If the bar is green (close-open)*volumemiddle
or
If the bar is red (open-close)*volumemiddle
Lower wick
If the bar is red (close-low)*volume of lower wick
or
If the bar is green (open- low)*volume of lower wick
Features:
+ Normal MFI length (14)
+ Green bars show the total of money trade of the bars that are going up
+ Red bars show the total of money trade when of the bars that are going down
+ Dinamic calculation (Optional)(Bellow)
Normal MFI use hlc3 ((high+low+close)/3) * (volume) to calculate each bar
The dinamic MFI: (This is an optional feature, if you dont active it you will use the normal MFI calculation)
(The information bellow is experimental and theorical only, you can use it or not in the script with the Dinamic option)
Dinamic MFI divides the bar and volume in three parts.
Volume is corresponding on each part ex. If the bar has not a top or lower wick the 100% of volume is in the middle... ex 2 If the 50% of the bar is a top wick, the 50% of volume is in the top wick
Top wick: Is calculated this way
If the bar is red (high-open)*volume of top wick
or
If the bar is green (high-close)*volume of top wick
Middle: Is calculated this way
If the bar is green (close-open)*volumemiddle
or
If the bar is red (open-close)*volumemiddle
Lower wick
If the bar is red (close-low)*volume of lower wick
or
If the bar is green (open- low)*volume of lower wick
Notas de prensa
+ Now a line could be plotted instead of the bars as a normal MFIScript de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script de código abierto
Siguiendo fielmente el espíritu de TradingView, el creador de este script lo ha publicado en código abierto, permitiendo que otros traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la publicación de este código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.