Stochastic MFI (vegeta)

Stochastic MFI

Simple Stochastic version of Money Flow indicator

MFI > RSI?
MFI considers volume. Hence, provides more robust signals (most of the times)

How to use the indicator:
More trigger signals valid, more robust the buy/ sell signal

Buy Trigger:
1. Green stoch line direction >45deg up and crosses red stoch line
2. 3 consecutive Heiken Ashi green candles
3. Price is trending w/ established trendline


Sell Trigger:
1. Green stoch line direction <-45deg down and crosses red stoch line
2. 3 consecutive Heiken Ashi red candles


Works better when used on different timeframes (3D, 1D, 6H)
The more valid triggers on different timeframes, the better the signal

P.S:
Got any recommendation for changes? Or just wanna say Hi?
Hit me up on twitter at @vegetavarun
:)