PROTECTED SOURCE SCRIPT
Money Flow Index Signals
This indicator in daily, weekly and monthly charts can be used to find strong Support, Resistance levels and reversal points. It can be used in lower time frame to find reversal points. When MFI reached 100 either in downside or upside in a candle, if the high is broken take it as a bullish breakout. If MFI is 0 or -0 and the low of the candle is broken take it as a downside breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.