this is an iteration of inbuilt MFI script, with two MFIs of different lengths and one Moving Average which is dependent on MFI 1. I find it useful to see the trend of longer MFI period, which tells me what direction to trade. On shorter period MFI I'm looking at Oversold or Overbought zones - while quicker MFI index is there, I'm looking to Buy/Sell, depending on trend. Alternatively, you can use also MFI1 and MA crossovers to spot potential entries. It seems like a good tool for crypto markets on any timeframes - from 5min, to 4h.
Versionshinweise
⋅
Publishing again, with a clean chart and some cosmetic changes to the code.