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2 years
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Pengyu Guo
Published product
John Bollinger's normalized MFI (Fund Flow Index). Bollinger bands are used to calculate overbought/oversold areas. It takes three input parameters: MFI period - MFI calculation period MFI Applied Volume - Calculates the volume of MFI transactions BB period - Calculation period of the Bollinger band BB deviation - Brin deviation Calculation: NormMFI = (MFI-BL) / (TL-BL) Among them: TL = BBands(MFI, BB period, BB deviation, UPPER_BAND) BL = BBands(MFI, BB period, BB deviation, LOWER_BAND) MFI -