MFI smoothed- Simple, Exponencial, Hull, Cubic

позавчераAs I guess you all know, the MFI (Money Flow Index) is an evolution of the RSI (Relative Strength Index), but with one key difference—it incorporates volume into its calculations, creating an oscillator that fluctuates between -100 and 100. I love using the MFI as a baseline, paired with wave trend crosses as a signal.

The version of the MFI that I propose has the option to smooth itself using different methods: exponential, square, and cubic smoothing. This flexibility allows the user to adapt the indicator to different market conditions or trading strategies.

Additionally, because the MFI integrates both price and volume, it provides deeper insights into the strength of price movements compared to indicators that rely solely on price. This makes it especially useful in identifying potential reversals or confirming the momentum behind trends.

feel free to experiment with it. send me some feedback if possible.
i use it to scalp the 3 min tf.
stay safe using SL.
bye