Stochastic Money Flow Index

13 saat önce

The Stochastic Money Flow Index (or Stochastic MFI), is a momentum indicator that combines the Money Flow Index (MFI) and the Stochastic Oscillator to identify overbought and oversold conditions in a market.

It is a variation of the classic Stochastic RSI that uses the MFI rather than the Relative Strength Index (RSI) in its calculation. While the RSI focuses solely on price momentum, the MFI is a volume-weighted indicator, meaning it incorporates both price and volume data.

The Stochastic MFI is intended to provide a more precise and sensitive reading of the MFI by measuring the level of the MFI relative to its range over a specific period.

Settings

Stochastic Settings

• %K Length: The number of periods used to calculate the Stochastic. (Default: 14)
  
• %K Smoothing: The SMA length used to 'smooth' the %K line. (Default: 3)
  
• %D Smoothing: The SMA length used to 'smooth' the %D line. (Default: 1)
  

Money Flow Index Settings

• MFI Length: The number of periods used to calculate the Money Flow Index. (Default: 14)
  
• MFI Source: The source used to calculate the Money Flow Index. (Default: close)
  

Additional Settings

• Show Overbought/Oversold Gradients?: Toggle the display of overbought/oversold gradients. (Default: true)
  

12 saat önce

Sürüm Notları

The Stochastic Money Flow Index (or Stochastic MFI), is a momentum indicator that combines the Money Flow Index (MFI) and the Stochastic Oscillator to identify overbought and oversold conditions in a market.

It is a variation of the classic Stochastic RSI that uses the MFI rather than the Relative Strength Index (RSI) in its calculation. While the RSI focuses solely on price momentum, the MFI is a volume-weighted indicator, meaning it incorporates both price and volume data.

The Stochastic MFI is intended to provide a more precise and sensitive reading of the MFI by measuring the level of the MFI relative to its range over a specific period.

Settings

Stochastic Settings

• %K Length: The number of periods used to calculate the Stochastic. (Default: 14)
  
• %K Smoothing: The SMA length used to 'smooth' the %K line. (Default: 3)
  
• %D Smoothing: The SMA length used to 'smooth' the %D line. (Default: 3)
  
• Show Stochastic %D Line?: Toggle the display of the %D line. (Default: true)
  

Money Flow Index Settings

• MFI Length: The number of periods used to calculate the Money Flow Index. (Default: 14)
  
• MFI Source: The source used to calculate the Money Flow Index. (Default: close)
  

Additional Settings

• Show Overbought/Oversold Gradients?: Toggle the display of overbought/oversold gradients. (Default: true)