OPEN-SOURCE SCRIPT

MFI+SMA14 with bearish marks.

127
Indicator Description

The Money Flow Index + SMA indicator combines the traditional Money Flow Index (MFI) with a Simple Moving Average (SMA) applied to the MFI to provide a clearer view of momentum and money flow strength. The indicator plots both the MFI and its SMA, helping traders identify trend direction, overbought/oversold conditions, and momentum shifts through MFI–SMA crossovers.

A colored background highlights market sentiment:

Red background appears when the MFI is trading below its SMA, signaling weakening momentum or potential bearish pressure.

Additionally, the indicator includes key reference levels at 80 (overbought), 50 (midline), and 20 (oversold), offering guidance for interpreting market extremes and potential reversals.

This tool is useful for identifying trend strength, spotting early momentum changes, and enhancing confirmation in trading strategies.

면책사항

해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.