The Volume Flow Indicator (VFI), developed by Markos Katsanos, is based on the popular On Balance Volume (OBV) but features three important enhancements: VFI values provide clear signals: positive readings indicate bullish conditions, while negative read…

The  Market Facilitation Index (MFI)  indicator implemented in this code allows for visualizing how efficiently price movements are influenced by trading volume. Based on the methods of Bill Williams, this indicator helps identify key moments in the  cry…

This indicator analyzes market volume and visualizes it as wave charts, making it easy to identify key inflection points and zones of supply and demand. For optimal results, customize it for your instrument (not compatible with Forex) by adjusting the "T…

Originally developed by Larry Connors, the 2-period RSI strategy is a straightforward mean-reversion approach that aims to buy or sell after short corrective moves in the market. Traders look for buying opportunities when the 2-period RSI drops below 10,…

These Bollinger Bands incorporate Fibonacci retracements to clearly highlight areas of support and resistance. The bands are calculated based on the Volume Weighted Moving Average (VWMA), with a width of 3 standard deviations from the mean. This range sh…

Larry Williams created this remarkable indicator, which provides the same insights for stock indices as the VIX. However, unlike the VIX, this tool is effective across all asset classes. The settings have been slightly modified to include "percentile"-ba…