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Williams MFI Indicator for tradestation


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Williams MFI Indicator for tradestation

  #1 (permalink)
Greg87
ny,ny
 
Posts: 1 since May 2022
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Hi,
I am looking for the Williams MFI indicator he specifies in his book to use on tradestation.
formula is MFI = (High-Low)/Volume

It also uses a histogram using 4 colors to indicate correspondence between volume and MFI direction.

Thanks!

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  #2 (permalink)
Shaban
Turin + Italy
 
Posts: 194 since Feb 2020
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Here are the formulas of the Market Facilitation Index:

https://pdfcoffee.com/qdownload/make-t-facility-index-pdf-free.html

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Last Updated on May 12, 2022


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