Dziwne

Dziwne MFI Overlay (with highlight)

It is simply your traditional MFI, except that your 50 line became the actual price.

Why and how could it be useful? This indicator helps to spot more easily and efficiently divergences.

You could also use it for trend reversals as you usually do with your 50 line, but I would suggest to set a higher length for the MFI , like 155 or something like that.
Catatan Rilis: Updated. Calculations totally rethought. I also added the overbought and oversold areas on the graph (you can disable it).
Catatan Rilis: Changed the default mult value from 8 to 10.
Catatan Rilis: Added :
Source customisation (added it as an input and is now fully customisable)
Easy color customisation (now available in the input menu, you can now create your own color scheme more easily)
Possibility to hide OB and OS lines (added in the input section)
Minor changes :
Translated the title parts in English to help understrand how everything is calculated more easily
Renamed some variables to be more consistent in the code
Changed the linewidth of the MF line to 1
Changed the transparency of the highlight and background colors from 90 to 85 to be a tiny bit more visible
Removed :
Removed EMA smoothing for more precision
Skrip open-source

Sejalan dengan semangat TradingView, penulis skrip ini telah mempublikasikannya secara open-source, sehingga para trader dapat memahami dan memverifikasinya. Salut untuk sang penulis! Anda dapat menggunakannya secara gratis, tetapi penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk dapat menggunakannya didalam sebuah chart.

Inggin menggunakan skrip ini pada chart?

Komentar

Oh, and with MTF option this kind of indicator would rocks!
Jawab
This is pretty interesting method. With any indicator. I really would like to see other indies or another brilliant idea like that. Dobra robota!
Jawab