Market Exhaustion
MFI + StochRSI fusion in a single exhaustion panel. The MFI (optionally JMA-smoothed) provides volume-weighted flow context with adaptive or static OB/OS zones; the StochRSI K line provides timing. Long/short signals require both: MFI confirmed in (or crossing out of) its extreme zone plus a StochRSI cross of the OS/OB level. A higher-timeframe MFI adds bias context and can optionally gate signals. Regular divergences on the active oscillator are scored and drawn directly in the panel.
Features
- Adaptive MFI zones: dynamic OB/OS levels from a rolling lookback (fractions of the observed range) or static 80/20, with optional background highlights and band fill
- Oscillator modes: MFI (default), CCI (tanh-mapped to 0–100), or MFI+CCI with selectable engine for divergence/score logic
- StochRSI timing overlay with configurable OS/OB levels
- Context + timing signals: MFI zone confirmation (configurable confirm bars) + StochRSI cross, optional HTF filter
- Auto-HTF MFI context: automatic higher-timeframe selection (5m→15m, 15m→1H, 1H→4H, intraday→D, daily→M) or manual TF; bias label at the top of the panel
- JMA smoothing: optional Jurik-style smoothing for MFI, StochRSI K, and HTF MFI
- Regular divergences on the active oscillator, anchored on price pivots, with OS/OB area check, ATR swing filter, and direction tolerances
- Divergence quality score (0–100) from ΔMFI, swing size, time span, post-pivot reaction, and sequence count — strong divergences drawn with thicker lines
- Timeframe presets for divergence parameters (5m / 15m / 1H / 4H / 1D) with “More Signals” and “Conservative” profiles, or fully manual values
- Optional candle coloring by HTF bias or signals
- Alert conditions for long/short signals
- Debug log output for divergence diagnostics (Pine logs)
Signals
| Signal | Condition |
|---|---|
Long L |
MFI oversold confirmed (or crossing back above the lower zone) AND StochRSI K crosses above the OS level, HTF filter permitting |
Short S |
MFI overbought confirmed (or crossing back below the upper zone) AND StochRSI K crosses below the OB level, HTF filter permitting |
Divergence Scoring
Score (0–100) is a weighted blend of five normalized components: MFI delta, swing size vs ATR, bars between pivots, price reaction after the pivot, and consecutive-divergence sequence — plus an optional HTF bias bonus. Lines with score ≥ the strong threshold are drawn thicker; the mid label shows the score (or “Bull/Bear Div” text).
The reaction is measured from the pivot-bar close over the “Reaction window” bars after the pivot. A divergence is drawn as soon as its pivot is confirmed, with a provisional score (reaction pending, shown as “React: pending” in the tooltip). Once the reaction window has passed, the score, tooltip and line width are updated to their final values. The sequence count resets when a confirmed pivot is not a divergence of that direction. There are no divergence alerts; any alert built on the score has to fire at finalization, not at pivot confirmation.
Data requirements
MFI needs real trade volume (the feed delivers volume and syminfo.volumetype is not tick). On symbols without it (CFDs, tick volume, no volume) the MFI line, MFI zones, HTF MFI and the MFI-based long/short signals stay empty; the CCI oscillator mode and its divergences keep working.