this index gives that a sign when a squat, green, fading or untrue pub seems.

• mfisensitivity-controls the significance of MFI shift recognition. For example, a value of 1 .1 means that a 10% change in the MFI is sufficient to signal. 1. means a 50% change.
• volumesensitivity-controls the sensitivity of recognizing quantity changes. For example, a value of 1.1 means that a 10% change in volume is sufficient to signal. 1.5 means a 50% change.

If true, the pubs are displayed on the chart; if false, they do not appear:

• ShowSquat
• ShowGreen
• ShowFade
• ShowFake

Color of each bar type on the chart:

• SquatColor
• GreenColor
• FadeColor
• FakeColor

If true, a notification is sent when a certain type of bar appears; if false, the notification is not sent:

• SquatAlert
• GreenAlert
• FadeAlert
• FakeAlert

The indicator works on any period.

Each signal is a combination of a change in MFI and a change in volume.

MFI is a market facilitation index. It measures the change in the tick price per volume.

• Green bar ( tick volume, MFI): indicates a green signal for market movement. This is a breakout signal, and you should follow any trend direction (more participants come to the market, new participants influence the trend direction, price movement accelerates)
• Fading bar (- tick volume, – MFI): appears when the market takes a break in the movement or loses interest in it. Opposite the green bar.
• Squat bar ( tick volume, – MFI): brings the most profit in comparison with all four indicators, almost all movements end with a squat bar, however, not all squat bars mean the end, so they perfectly confirm the end of the trend. Squat bars are the last battle of buyers and sellers. They mean a lot of buying and selling, but a small Breakout price movement after a squat bar can provide a good deal.
• False bar (- tick volume, MFI): indicates price movement, but for some reason there is also a decrease in volume. Beware of the fake bar. Actions in the market during a fake bar are quite dangerous. Often, a false bar means a pause in market activity before taking off and breaking out.

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Buy the Pro version for just$10. Thanks.

If you think that the indicator lacks any properties, write to me at [email protected]. I am ready to add and improve the indicator according to your wishes.

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