INVITE-ONLY SCRIPT
Fear Greed zones and Money Waves Fused

This indicator, named "Fear Greed zones and Money Waves" combines a smoothed Money Flow Index (MFI)-based wave and the Relative Strength Index (RSI) to visualize market sentiment through fear and greed zones and generate buy/sell signals.
Core Functions
- It calculates a zero-centered and smoothed version of the MFI (MoneyWave) using configurable smoothing methods (SMA, EMA, RMA) with parameters for length and smoothing intensity.
- It uses RSI to define fear and greed zones based on user-defined thresholds (e.g., RSI below 30 indicates fear, above 70 indicates greed).
- The MoneyWave area is color-coded based on these fear/greed RSI zones: dark green for fear, dark red for greed, and yellow neutral.
- The edge line of the MoneyWave shows bullish (lime) when above zero and bearish (red) when below zero.
Visual Elements
- Plots the MoneyWave as a colored area with an edge line.
- Displays horizontal lines representing the zero line and upper/lower bounds derived from MFI thresholds.
- Optionally shows direction change arrows when the MoneyWave sign changes and labels indicating BUY or SELL signals based on MoneyWave crossing zero combined with fear/greed conditions.
Trading Signals and Alerts
- Buy signal triggers when MoneyWave crosses upward through zero while in the fear zone (RSI low).
- Sell signal triggers when MoneyWave crosses downward through zero while in the greed zone (RSI high).
- Alerts can be generated for these buy/sell events.
In summary, this indicator provides a combined measure of money flow momentum (MoneyWave) with market sentiment zones (fear and greed from RSI), helping identify potential market entry and exit points with visual markers and alerts [script].
Core Functions
- It calculates a zero-centered and smoothed version of the MFI (MoneyWave) using configurable smoothing methods (SMA, EMA, RMA) with parameters for length and smoothing intensity.
- It uses RSI to define fear and greed zones based on user-defined thresholds (e.g., RSI below 30 indicates fear, above 70 indicates greed).
- The MoneyWave area is color-coded based on these fear/greed RSI zones: dark green for fear, dark red for greed, and yellow neutral.
- The edge line of the MoneyWave shows bullish (lime) when above zero and bearish (red) when below zero.
Visual Elements
- Plots the MoneyWave as a colored area with an edge line.
- Displays horizontal lines representing the zero line and upper/lower bounds derived from MFI thresholds.
- Optionally shows direction change arrows when the MoneyWave sign changes and labels indicating BUY or SELL signals based on MoneyWave crossing zero combined with fear/greed conditions.
Trading Signals and Alerts
- Buy signal triggers when MoneyWave crosses upward through zero while in the fear zone (RSI low).
- Sell signal triggers when MoneyWave crosses downward through zero while in the greed zone (RSI high).
- Alerts can be generated for these buy/sell events.
In summary, this indicator provides a combined measure of money flow momentum (MoneyWave) with market sentiment zones (fear and greed from RSI), helping identify potential market entry and exit points with visual markers and alerts [script].
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可,通常需在付款後才能取得。更多詳情,請依照作者以下的指示操作,或直接聯絡Ifiok-Trades。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Requires payment for access.
This script is a combination of my previous FREE scripts on Money waves and fear/greed Zones. Please contact me directly for access...
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可,通常需在付款後才能取得。更多詳情,請依照作者以下的指示操作,或直接聯絡Ifiok-Trades。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Requires payment for access.
This script is a combination of my previous FREE scripts on Money waves and fear/greed Zones. Please contact me directly for access...
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。