Gaussian MFI BF 🚀

The signals are based on the Gaussian Channel calculated by Donovan Wall. Thanks also to Kiasaki for Rate of Change code.

Simply going long and short based on Gaussian channel was not consistent enough so I also included an MFI filter. We only go long if Money Flow Index is greater than the last candle (more money is flowing in than out). The opposite for short. Also employed Rate of Change function (white background) to avoid sideways market.

A 2% stop loss seems to be the most balanced for this strategy but can can altered in the settngs.
Also included a take-profit function but it seems this is best not implemented for this strategy, at least in the case of XBT/USD.

A derivative of The MFI is also plotted on the chart simply to compare the current candle with the last candle visually.

Background color:
  • Green = Long
  • Red = Short
  • White = No Trade
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?


nice PI! thanks a lot for that great share of know-how. congrats