Money Flow Divergence Zones AlgoAlpha for Tradin
Trend Indicator
100% FreeIt tracks the Money Flow Index (MFI) and its relationship with price action, detecting the regular divergences that usually come before reversals. Once a divergence is confirmed it draws a horizontal zone at the last high or low, and that zone stays active until price touches it.
How to install
Open TradingView and click Pine Editor at the bottom. Open the file you downloaded, copy all of its contents, and paste it into the editor replacing what is there. Then press Add to chart and it appears on your chart.
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