Real author:
RickD
The MFIdivCandle indicator. Colors the candles based on the MFI oscillator:
- Teal — MFI is in the overbought area;
- Pale green — MFI is above the 50 level and outside the overbought and oversold areas;
- Light pink — MFI is below the 50 level and outside the overbought and oversold areas;
- Deep pink — MFI is in the oversold area.
Fig.1. The MFIdivCandle indicator
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