MoneyFlowIndexCrossover

Description

The Money Flow Index Crossover study is an overbought-oversold indicator which finds where Money Flow Index crosses the specified level. Crossing above the 80 level indicates overbought conditions; crossing below the 20 level signifies oversold conditions. Vice versa, crossover to values above 20 suggests emerging from an oversold position; crossover to values below 80 suggests emerging from an overbought position.

Input Parameters

Parameter Description
length

The number of bars used in Money Flow Index calculation.

crossing type Defines whether to display signals when the Money Flow Index goes above or below the specified threshold.
threshold The level at which the crossovers are found.

Plots

Plot Description
signal The Money Flow Index Crossover signals.

Example*

*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.

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