Money Flow with moving average (MAMFI) — Indicator by xbj

mfi moneyflow

Money Flow with moving average, use this like MACD to show by point and sell point

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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//
// @author xbjconan
// Money Flow with moving average
// 


study(title="Money Flow with moving average", shorttitle="MFI & MAMFI")
length = input(title="MFI Length", type=integer, defval=14, minval=1, maxval=2000)
src = hlc3
upper = sum(volume * (change(src) <= 0 ? 0 : src), length)
lower = sum(volume * (change(src) >= 0 ? 0 : src), length)
mf = rsi(upper, lower)
plot(mf, color=#459915)
overbought=hline(80, title="Overbought", color=#c0c0c0)
oversold=hline(20, title="Oversold", color=#c0c0c0)
fill(overbought, oversold, color=#9915ff, transp=90)
len = input(6, minval=1, title="MAMFI Length")
out = sma(mf, len)
plot(out, color=blue, title="MA")