OPEN-SOURCE SCRIPT
🎮 Liquidity Checklist – EFI + CMF + Centered MFI

What it is
A confirmation dashboard combining EFI (Elder Force Index), CMF (Chaikin Money Flow), and MFI (Money Flow Index).
Provides a checklist table with / conditions, glow plots, and theme/override system. Intended as confirmation tool, not a standalone signal generator.
Why combine these three?
How it works
Checklist logic
What s original here
Inputs & settings
How to read
Chart: EFI & CMF as glowing columns; MFI as centered line; reference lines at 0, +15 ( 65), 15
(35).
Table: / for each condition and live values; READY row lights when all align.
Suggested use
1) Define trade idea (structure, catalyst).
2) Check EFI and CMF align with bias.
3) Confirm MFI not stretched (avoid longs >65, shorts <35).
4) Look for READY tick when all three align.
Limitations
Credits
Disclaimer
A confirmation dashboard combining EFI (Elder Force Index), CMF (Chaikin Money Flow), and MFI (Money Flow Index).
Provides a checklist table with / conditions, glow plots, and theme/override system. Intended as confirmation tool, not a standalone signal generator.
Why combine these three?
- EFI (Force): captures impulse of price change Ă— volume strength of push. CMF (Flow): measures accumulation/distribution capital inflow or outflow.
- MFI (Liquidity/Momentum): RSI with volume liquidity stretch or balance.
- Aligning force + flow + liquidity avoids weak setups and highlights agreement.
How it works
- EFI: EMA of ( Close Ă— Volume). Positive = buying pressure; Negative = selling pressure.
- CMF: Money Flow Multiplier Ă— Volume, averaged relative to total volume. Above 0 = inflow; Below 0 = outflow.
- MFI: built-in 0 100 oscillator.
- On chart: plotted centered as (MFI 50). In table: shown as real 0 100 value.
Checklist logic
- Long bias: EFI > 0; CMF > 0; MFI > 35.
- Short bias: EFI < 0; CMF < 0; MFI < 65.
- Between 35 65, MFI may allow both long and short (neutral liquidity zone).
What s original here
- Centered MFI plotting so all indicators share a zero baseline.
- Dashboard checklist table with live indicator values.
- Theme engine with custom color overrides (separate plot vs. table).
- Normalization toggle for EFI/CMF readability on high-volume tickers.
Inputs & settings
- Lengths: EFI (13), CMF (20), MFI (14).
- Themes: Arcade, Feng Shui, Samurai, Irish, Cyberpunk.
- Override plot colors option; table stays theme-based.
- Normalize EFI/CMF (default OFF). ON scales EFI/CMF to 100 +100 for visual balance with MFI. Logic uses raw values.
How to read
Chart: EFI & CMF as glowing columns; MFI as centered line; reference lines at 0, +15 ( 65), 15
(35).
Table: / for each condition and live values; READY row lights when all align.
Suggested use
- Use as confirmation filter:
1) Define trade idea (structure, catalyst).
2) Check EFI and CMF align with bias.
3) Confirm MFI not stretched (avoid longs >65, shorts <35).
4) Look for READY tick when all three align.
- Works across timeframes; many prefer 15m 1H for intraday.
Limitations
- Not a trading system on its own.
- CMF may be na when High == Low.
- Normalization affects visuals only, not logic. Always backtest and manage risk.
Credits
- EFI by Alexander Elder. CMF by Marc Chaikin.
- MFI standard oscillator.
- Centered-MFI plotting, checklist UI, themes, normalization: NICK789.
Disclaimer
- Educational use only; not financial advice.
- No guarantees of accuracy or profitability.
- Markets involve risk; past performance does not guarantee results.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità . Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità . Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilitĂ
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.