Stochastic MFI

Due to some similarity of the Relative Strength Index ( RSI ) and Money Flow Index( MFI ), I thought of creating a Stoch MFI inspired by the Stoch RSI .

- can be used similar to the Stoch RSI
- useful for pullback during trending markets and for S&R trading during ranging markets

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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