MFI MTF ALERTS Trading Guide

The Money Flow Index MTF + Alerts is a quantitative technical analysis tool. Money Flow Index MTF + Alerts (converted from Pine Script)

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Length (length): Controls the calculation period and sensitivity for market detection.
• Oversold (os): Controls the calculation period and sensitivity for market detection.
• Overbought (ob): Controls the calculation period and sensitivity for market detection.
• EMA Length (emaLength): Controls the calculation period and sensitivity for market detection.
• MFI (mfi): Controls the calculation period and sensitivity for market detection.
• EMA (ema): Controls the calculation period and sensitivity for market detection.
• OS Cross (oversold_cross): Controls the calculation period and sensitivity for market detection.
• OB Cross (overbought_cross): Controls the calculation period and sensitivity for market detection.
• MFI (mfi): Controls the calculation period and sensitivity for market detection.
• EMA (ema): Controls the calculation period and sensitivity for market detection.
• Oversold Cross (oversold_cross): Controls the calculation period and sensitivity for market detection.
• Overbought Cross (overbought_cross): Controls the calculation period and sensitivity for market detection.
• Is Oversold (is_oversold): Controls the calculation period and sensitivity for market detection.
• Is Overbought (is_overbought): Controls the calculation period and sensitivity for market detection.
• Last Cross Was Oversold (is_oversold_cross_last): Controls the calculation period and sensitivity for market detection.
• Last Cross Was Overbought (is_overbought_cross_last): Controls the calculation period and sensitivity for market detection.
• MFI Line (mfi): Controls the calculation period and sensitivity for market detection.
• EMA Line (ema): Controls the calculation period and sensitivity for market detection.
• Oversold Cross Marker (oversold_cross): Controls the calculation period and sensitivity for market detection.
• Overbought Cross Marker (overbought_cross): Controls the calculation period and sensitivity for market detection.
• Uptrend Zone (60-80) (uptrend_zone): Controls the calculation period and sensitivity for market detection.
• Transition Zone (40-60) (transition_zone): Controls the calculation period and sensitivity for market detection.
• Downtrend Zone (20-40) (downtrend_zone): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• oversold_cross - Oversold Cross event signal.
• overbought_cross - Overbought Cross event signal.
• is_oversold - Is Oversold event signal.
• is_overbought - Is Overbought event signal.
• is_oversold_cross_last - Last Cross Was Oversold event signal.
• is_overbought_cross_last - Last Cross Was Overbought event signal.

2. Filters and Trade Levels

• length - Length value used for structural qualification or thresholds.
• os - Oversold value used for structural qualification or thresholds.
• ob - Overbought value used for structural qualification or thresholds.
• emaLength - EMA Length value used for structural qualification or thresholds.
• mfi - MFI value used for structural qualification or thresholds.
• ema - EMA value used for structural qualification or thresholds.
• oversold_cross - OS Cross value used for structural qualification or thresholds.
• overbought_cross - OB Cross value used for structural qualification or thresholds.
• mfi - MFI value used for structural qualification or thresholds.
• ema - EMA value used for structural qualification or thresholds.
• mfi - MFI Line value used for structural qualification or thresholds.
• ema - EMA Line value used for structural qualification or thresholds.
• oversold_cross - Oversold Cross Marker value used for structural qualification or thresholds.
• overbought_cross - Overbought Cross Marker value used for structural qualification or thresholds.
• uptrend_zone - Uptrend Zone (60-80) value used for structural qualification or thresholds.
• transition_zone - Transition Zone (40-60) value used for structural qualification or thresholds.
• downtrend_zone - Downtrend Zone (20-40) value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.