ixion700 wrote: Tue Apr 30, 2024 12:16 am Hello @mrtools. Could you add MFI to this one please? Many thanks in forward.

On Balance Volume with Stochastic Normalization, PIV + NVI Signal Line & Money Flow Index option

Hello,

Mfi and mfi price added.

• This version of the OBV also comes with MFI, PVI (Positive Volume Index) & NVI (Negative Volume Index) options
• Is Normalized which adds levels that give the indicator boundaries for gauging Oversold and Overbought areas
• Includes 6 OBV calculation types:
  • Original
  • Alternative 1 (using higher timeframes for smoothing version 1)
  • Alternative 2 (using higher timeframes for smoothing version 2)
  • PVI (Positive Volume Index)
  • NVI (Negative Volume Index)
  • MFI (Money Flow Index)

For more information on the PVI & NVI, please see here: What is PVI + NVI?

mrtools wrote: Tue Apr 30, 2024 1:25 am Hello,

Mfi and mfi price added.

When I set OBV Method to MFI then changing MFI period changes nothing.

ixion700 wrote: Tue Apr 30, 2024 3:23 am When I set OBV Method to MFI then changing MFI period changes nothing.

If I figure out the problem will post a fixed version.

ixion700 wrote: Tue Apr 30, 2024 3:23 am When I set OBV Method to MFI then changing MFI period changes nothing.

Posted a hopefully fixed version at the original post, sorry for the hassle and thanks for testing and bringing the problem to my attention.

Hello dear @Kvak. This is the best version of PVT I have ever seen. In particular that Trading View calculation mode works very fine as a confirmation signal. Could you update smoothing and price types please? An arrow or alert when crossing signal line would also be very helpful. Many thanks in advance.