December 10, 2019

The Full Market Cipher Review

Important Fact To Consider

There is no such thing as a magical indicator that can predict the future price of bitcoin or stock. The best indicators in the world are only 60% accurate at these predictions. If you are considering buying an indicator or following a signals group, make sure they are reputable. One quick way of finding out if it is reputable is if they show there losing trades as well. If they are only showing their winning trades, know one thing for sure, they are hiding the truth from you, DO NOT GET SUCKED INTO THE HYPE.

If you discovered an indicator which was even 80% accurate, would you sell it to the world and expose it, or trade with it and slowly accumulate your wealth? Do you really think CryptoFace is willing to share a golden goose, or do you think he saw this indicator as a great product to sell to new traders, only showing huge winning trades to get them sucked in? We’ll let you decide after you’ve read the facts!

Market Cipher is not a scam, you do indeed get an indicator, but it’s no where near as good as Crypto Face makes out. Want proof? Check out his November 2019 trades to see how much he has actually made according to the whale calls he posted, I think you’ll be surprised!

Do Your Own Research

Please, please, do your own research, and we don’t mean by just watching his videos, which are only live when his trades are in the positive (you miss a lot of the negative trades he makes). Follow the price calls he makes as we have done in our Crypto Faces Whale Crew Latest Trades to see if he really does make money. If he doesn’t, how do you expect that you will.

The Brief

Probably the most important question you are asking is: Is Market Cipher a scam? We take a closer look at CryptoFace’s Market Cipher bitcoin indicator to see if it’s worth the money or whether there are free versions available.

 

Please Help!

If you found this review useful, then please say thank you with a little donation. I am a 1 man band, trying to give you free information that you hopefully find useful. I welcome any amount and your donation helps me maintain the site with updates, and pay for the servers required to keep this site alive!

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Introduction To Market Cipher

 

So is it worth anything? Let’s take a closer look:

The Market Cipher Indicator has been receiving a lot of attention lately as the price of bitcoin rises and we start to see an influx of new traders again. There has been a number of indicators hitting the market that seem to be the answer to these new traders of how to beat the system and make money from trading in bitcoin through the use of leveraging.

The Market Cipher indicator is a mix of a number of different indicators that claims, if used correctly, can tell you exactly where the price of bitcoin is heading.

We decided to buy the indicator, which is currently priced at 0.1 bitcoin, along with the special whale group where CyptoFace posts all his trades, although he doesn’t call it a signals group, that essentially is exactly what it is. This group costs an additional 0.1 bitcoin.

Our review will cover all the indicators supplied with Market Cipher compared with the free indicators that are available on tradingview. We will then backtest the indicator in real-world situations to see how strong Market Cipher performs in comparison to free indicators.

Is Market Cipher really worth $1000? Let’s find out!

Example of Market Cipher at work

What You Get With Market Cipher

Once you have decided to purchase Market Cipher you will need to create a bybit account using his affiliate link, this means he will receive even more commissions once you start using the indicator. You then send Crypto Face your trading view username, along with the transaction id for the 0.1 BTC you have paid him and your bybit username.

Within 24 hours you will receive an email back telling you, you now have access to the special group within discord chat and that your trading view indicator will be active soon.

We received both access to the mc-scalpers, and the mc-swingers group within his discord channel and access to the indicators well within the 24 hours stated.

Trading View

Upon activation or invitation, as tradingview likes to call it, you can search for the indicators and see a green unlock padlock next to 3 Market Cipher indicators, as shown below.

Invite for Market Cipher

 

CyrptoFace Discord Group

The CyrptoFace Discord Group is free and you have access to the general-discussion area, you do not need to purchase Market Cipher to get access, but once you do purchase you get access to 3 additional areas:

  • mc-swingers – General discussion from other purchasers talking about signals on the larger time frames, 1hr, 4hr, 1day, week and month, etc.
  • mc-scalps – General discussion from other purchasers talking about signals on the smaller time frames, 30min, 15min, 5min, 1min, etc.
  • fg-analysis – This is where flopping groper (CyptoFaces brother) posts his thoughts about signals, patterns and where BTC may be heading.
Discord Channels for Market Cipher

 

Now The Review

Market Cipher is a combination of indicators wrapped into 3 simple indicators that look pleasant and make it super easy to see all the details within one screen. For new traders this is great, as you can follow some pretty simple rules as guided by Crypto Face and his team to make you a better trader. We will now look at each indicator and show you a single indicator that you can change settings to that do 80-90% of the job.

Market Cipher A Review

We have a seperate page for the Market Cipher A Review, but again it uses the same indicator settings below. To read that review check out our Market Cipher A Review here.

Market Cipher B Review

Let’s get straight to the main indicator review, Market Cipher B. This indicator is described by CryptoFace himself as the best strategy for Market Cipher users.

Market Cipher B consists of 5 seperate indicators wrapped into one display area, which makes it easy to see all the information in one go.

The main area of Maket Cipher B are the momentum waves, this shows bear and bull divergence as shown on the diagram below:

Example of Market Cipher B

The idea here is that you are looking for a big momentum wave, followed by a smaller trigger wave. At that point, the price will move accordingly. Note the lighter blue peaks, when these light blue peaks cut in, it’s the end of that trend and the actual trigger point. The wave is not complete until the close of that candle.

The best way to use this indicator is to work on the higher time frames first, to get a bigger picture of where the market is moving. So on the daily, if it looks bullish, then you should be looking for bull triggers on the smaller time frames to trade.

The next indicator that needs to be considered is the VWAP, known as Trend 3 within Market Cipher B and shown on the diagram above in yellow. VWAP is volume-weighted average price and shows where the volume is on a positive or negative position. This is typically used by traders on the smaller time frames but gives the user an idea of where the main buyers or sellers are at that point.

Another indicator within Market Cipher B is the RSI, which every trader uses to get an idea of whether the price is overbought or oversold.

How Good Is Market Cipher B?

One great thing about Market Cipher B is that all the information is in one place, and you can see a lot of information, making it easier to scroll through the different time frames at speed and understand the general market position.

 

Free Indicator, Get 100% of Market Cipher B For Free!

Update: We have now edited the code in a complete script to make it easier for you. Goto our Get Market Cipher For Free page. Follow the simple instructions and you will have the same indicator for free!

If you don’t want to spend 0.1 BTC on Market Cipher, that’s completely understandable, but lucky for you there are alternatives available, and with our simple settings it will look just like Market Cipher.  Take a look at the screen below and the two look almost identical:

Market Cipher B matching indicator

 

Yes, this indicator is completely free, and with a couple of changes to the settings you can get it to look exactly like market cipher B. Follow our simple steps:

  1. Go to your trading view and get CryptoVN_Trend. When it first opens it will look something like:
  2. Click the settings button within the indicator, it looks like a cog wheel
  3. Click on the style tab and use the settings in the image below, make sure to change the pattern from line to area as shown: Settings for Market Cipher
  4. Click the Inputs tab and use the following settings: settings for market cipher b

That’s it, you have it, but don’t forget to save the settings as your default!! Now you are missing the RSI, Stoch RSI, and Money Flow but they are free standard indicators anyway, so you will have to apply them seperately.

If you find this free indicator useful and saves you money, then please show your appreciation with a little tip! Any amount is much appreciated and helps me maintain and update the site!

 

The Green Dots

One of the biggest indicators that many people including CryptoFace use to trade off the Market Cipher B indicator are these green dots. But how technical are they exactly? If you’re expecting some super-secret code that only you have access to when you purchase Market Cipher, think again!

Green Dots on Market Cipher B

The reality is, this is just a low Momentum and RSI indicator and can again be seen on the CryptoVN_Trend indicator we used before. The green dots are showing when the RSI is super low and therefore should spark some buying pressure due to bitcoin being oversold. Take a look at the image below, every time the green dots appear on Market Cipher B, they also appear on our indicator, they only appear on Market Cipher B when they are below the low white line.

The green dots on market cipher B

 

One good thing with CryptoVN_Trend, you can see clearly when the green dot is was close to the white line, giving you a slight edge!

 

Remember to check out Market Cipher A review, where we will show you how to read this indicator to show where the blood diamonds, yellow X’s and more!

 

Closing Comments

The bottom line here, is that Market Cipher B is the all-singing, all dancing bitcoin indicator that is going to help you read the charts, but its not 100% and you cannot win every trade like CryptoFace claims. He recently asked a little over 100 of his current traders using Market Cipher if they make money from using it and 58% of them said yes with 42% saying they lost money. Now we did not get asked and we purchased the indicator, along with the other people who just gave up using it too, we imagine the number is more like 20% win rate, if that. Afterall, why would you keep using it if you lost all your money! They have a special section in their discord group for people to post their successful trades. But don’t let this fool you, although we believe them to be genuine, when people loose a lot of money, they don’t want to post how bad they are at trading. Also, it has been known in the past for members to get banned for speaking badly about Market Cipher! However, their discord channels are popular and you will get support, especially if you are new to trading and need some hand-holding. So is Market Cipher worth 0.1 BTC? Well, that’s hard to say, everyone comes from a different background and have different levels of wealth. If you want to join a group of traders and discuss the indicator and your trades, then it probably is worth the money. If you are prepared to learn about trading yourself then the free indicator we suggest is probably the best route.

The Market Cipher discord channel also shows the profit logs of some of the traders, and it’s important to say that you can make money trading with Market Cipher, but take your time and learn about the features and how to read the indicator on all time frames.

CryptoFace states in a number of interviews that some indicators are freely available, but have been tweaked to make them better. This is true, and he has made some tweaks to make it easier on the eye, but you be the judge if it really looks that much different.

One thing that Crypto Face has said on a number of occasions is that he and his partner came up with the blood diamond and yellow X code, so no one has it. Well, he may have well done that, but we will disagree that the signal is not there, as we will show you how you can read this same free indicator for those properties.

Many people who speak highly of Market Cipher are new traders, and this is exactly who it is designed for. Don’t just go in blindly and think that you have the magic pill to make you a million, you will get Rekd! Buy the indicator and follow all of Crypto Faces tutorials, then start practicing on a testnet to perfect your skills and learn. Never leverage over 3X and don’t let your emotions get the better of you after a bad trade.

The bottom line is Market Cipher is a great indicator for the chart reading. Giving you an aesthetically pleasing interface to easily read the charts quickly and precisely, the support team are great and their discord channel is very active. There are alternatives available, but you’re pretty much on your own reading and interpreting them.

 

More To Come

Keep an eye out on our site, as we build a more detailed review of the other indicators including the yellow cross indicator and money flow within Market Cipher and the Market Cipher Whale Group!

In the meantime, please let us know your thoughts and experience of Market Cipher in the comments below.

 

Disclaimer

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.

I am not a financial advisor. Nothing written on this site should be taken as financial advice. Everything written here is just the opinion of some random trader on the internet. You must accept full responsibility for your own financial decisions, even if Market Cipher makes Crypto Face millions. You must also accept responsibility for the losses you incur if you are stupid enough to buy Market Cipher and your bitcoin holdings reduces vastly.

 

Please Help!

If you found this review useful, then please say thank you with a little donation. I am a 1 man band, trying to give you free information that you hopefully find useful. I welcome any amount and your donation helps me maintain the site with updates, and pay for the servers required to keep this site alive!

Scan to Donate Bitcoin to admin
Buy Me A Beer With Bitcoin!!
Hopefully this information helped you and saved you a lot of money! Please tip only if you can afford it!

59 thoughts on “The Full Market Cipher Review

  1. Cheers for taking the time for writing this review, so glad I didn’t spend $1000, was really close, but somehow thought it was too good to be true!

    1. REPLY: Hi Jack B. Your welcome! I’m just showing that Market Cipher indicators are available free of charge if you want, you don’t need to be spending this amount of money. However, if you like the aesthetics then it might well be for you.
      REMEMBER: Any trader or indicator that is sold without showing any losing trades is an obvious scam, there is no such thing and they are counting on you becoming influenced with all these great trades!

      1. Great job… at getting people to sign up under his bybit referral so he can make money on all the trading fees people pay when doing his recommended market buys/sells and gambling big like he does on stream.

        He’ll be making so much off all the fees from that bad advice that he can gamble big with that money then show off the trades that actually go well.

        1. Yes! People need to realize he is only selling an indicator to make money himself. He even gets you to sign up under him on bybit to make even more money as you say. Don’t get fooled!!

  2. Awesome review didn’t realize it was just a collection of free indicators! Just saved me 0.1 BTC! Also heard that CryptoFace only goes live on YouTube when he’s in profit! Hence, there’s no exact time when he’s live, and somedays he doesn’t even stream!! Now I know why!

  3. What a rip-off, so pleased to find your review and thank you for saving me 0.1 BTC! I wish these people got less exposure, as many are getting ripped off! Keep up the great work

  4. I always thought that Market Cipher was just a combination of free indicators. It does look good though but is no way worth 0.1 bitcoin. Thanks for the review and highlighting alternatives. Much appreciated.

  5. First off, thanks for writing up such a detailed review on Market Cipher. I was so close in buying, thinking it was the answer to trading bitcoin, obviously that is not the case and reading other reviews it’s obvious that current users are completely new to trading, so have no idea that these indicators are actually available for free. There is still a lot of learning involved in using Market Cipher, but I would advise to learn the basics before, then find the indicators that suit you. A lot of people use the RSI, and VWAP along with MACD, learn about them and Market Cipher is not needed at all, and if you already know about these then Market Cipher will be a real disappointment.

  6. Market Cipher is a complete scam, why do you think Crypto Face hides his identity behind a mask and doesn’t use his real name? He wants to remain anonymous, if it was so good don’t you think he would put his face and name behind such a great indicator. No, it’s because he just wants to take your money and you have no one or company to complain too! Picture this, you pay him 0.1 BTC, then realise it’s just a bunch of free indicators when you learn about trading. You contact him to request a refund, he refuses, then what do you do? There’s not much you can do.

    1. REPLY: Hi Mat, you raise a few good points here. To anyone thinking about buying Market Cipher, I would buy only if you can afford to lose 0.1 BTC, but, do more research, learn the market indicators I mention above, then revisit this site and see how the free indicators give you the same information. If your aware of this, but like the look of Market Cipher and the indicators appearing all in one place then buy, but remember a refund is very unlikely.

  7. Have to love Crypto Face, he comes over really cocky, but wants you to think he’s the grand master at market trading stocks and bitcoin. His performance in the competition speaks volumes. He was last in his team!!! Lost 90 odd percent in the end! Would you want his advice?!

  8. This is completely cherry picked and doesnt even go over Cipher A or Cipher SR. Noone has the whale manipulation Xs or the blood diamonds. To be honest judging everythign just on cipher B and then calling it a scam is the actual scam. This article doesnt even show the profits and success people have had. This is a hit piece on CF probably by an angry hater.

    1. Hi Bob! Thanks for your reply. We do cover Market Cipher A and Market Cipher SR but they are on additional pages, we will be adding more content to them in the future. We’re not calling Market Cipher a scam, we are just presenting the facts and believe that the $1000 fee is a little over the top. People do make money from these indicators as well as lose money, but the free indicators do the same job.

  9. Love this review, especially because I was on the brink to get Market Cipher.
    I tried to get CryptoVN_Trend on Tradingview, but I did not succeed.
    Do you have more detailed description how to activate CryptoVN_Trend on TradingView?

    Thank you again for such great review.

    1. Thanks Humphrey. Sure, go to indicators within trading view and enter “wavetrend” as one word, then scroll down to find the one from CryptoVN_Trend. When it first loads it looks completely different from the above images, it looks something like the image below, you have to make all the changes before you can use it like Market Cipher. Including the colors area! Hope that helps:
      Wavetrend

  10. Market Cipher A signals are showing based on the EMA ribbon:
    There you go – some are missing, just add and use with Pine script:

    //@version=3
    study(title="Market Cipher A", overlay=true)
    //EMA Ribbon
    ema1 = input(5)
    ema2 = input(11)
    ema3 = input(15)
    ema4 = input(18)
    ema5 = input(21)
    ema6 = input(24)
    ema7 = input(28)
    ema8 = input(34)
    ema1_ = ema(close, ema1)
    ema2_ = ema(close, ema2)
    ema3_ = ema(close, ema3)
    ema4_ = ema(close, ema4)
    ema5_ = ema(close, ema5)
    ema6_ = ema(close, ema6)
    ema7_ = ema(close, ema7)
    ema8_ = ema(close, ema8)
    plot(ema1_, color=#265aa6, linewidth=2, transp=50, title="EMA 1")
    plot(ema2_, color=#265aa6, linewidth=2, transp=50, title="EMA 2")
    plot(ema3_, color=#1976d2, linewidth=2, transp=50, title="EMA 3")
    plot(ema4_, color=#1976d2, linewidth=2, transp=50, title="EMA 4")
    plot(ema5_, color=#7fb3ff, linewidth=2, transp=50, title="EMA 5")
    plot(ema6_, color=#7fb3ff, linewidth=2, transp=50, title="EMA 6")
    plot(ema7_, color=#bbdefb, linewidth=2, transp=50, title="EMA 7")
    plot(ema8_, color=#bbdefb, linewidth=2, transp=50, title="EMA 8")

    Longema = crossover(ema2_,ema8_)
    plotshape(Longema, style=shape.circle, color=green, transp=0, location=location.abovebar, size=size.tiny, title="Long EMA Signal")
    Redcross = crossunder(ema1_,ema2_)
    plotshape(Redcross, style=shape.xcross, color=red, transp=0, location=location.abovebar, size=size.tiny, title="Red cross")
    Bluetriangle = crossover(ema2_,ema3_)
    plotshape(Bluetriangle, style=shape.triangleup, color=blue, transp=0, location=location.abovebar, size=size.tiny, title="Blue Triangle")

    //Alerts
    alertcondition(Redcross != 0, "RedX", " RedX")

    //-------------------END-------------------

    1. Thanks for that LongSwing, we’ll add it to the review! Much appreciated!
      Edited: Just tested it out, works great and lines up the red X’s, blue triangles and obviously the EMA ribbons. Thanks again.
      Note: If you copy and paste the code into pine editor, you have to manually type over all the Quotation marks (“)! Save the code and apply it to your chart.

    1. Hi Mrmister,
      Thanks for the comment! Make sure you change the Quotation marks in the code and just replace them. Unfortunately, the font within this site does not match the pine editor. Read the errors at the bottom, it will tell you the lines you need to change! Hope that helps.

  11. Thank you for replying admin. What do I have to change the quotation marks too? I’m an amateur with pine editor so sorry for all the questions.

    1. Replace them with quotation marks! The font doesn’t get recognized, so you have to delete the quotation mark, then put them back in manually! Or try to paste the code into a txt editor first, copy it without formatting, then paste it in, that may work!
      I’ve edited the comment with the code, to include the right format, hopefully, that should work now!

  12. What can we add in the pine editor to get the yellow X and Money flow index ? Anyway to have similar review for market Armageddon (copy of MC but with more indicators)

  13. Hmmmm its really interesting, I was using that waves thing since crow showed it on his screen but now I can get it to look very close to cipher. What about the diamonds, blood diamonds etc? That vwap is just about perfect as well.
    If someone could tweek this a bit and combine with some short long signals then you would have a pretty good indicator.
    I do feel pissed that I paid a lot of money for the indicator, it should be a LIFETIME price, not a fucking year. Its also wrong the way crypto face bans people that say negative things about the product they paid so much money for. Next expose Keith Warenings trash indicator thats .1 bitcoin and all it is is that waves thing combined with market god with the buy sell indicators, shady as fuck./

    1. That’s right, we looked at that indicator and in fact, used it in our original review. The real difference with the CryptoVN_Trend is the red and green dots when vwap mover above and below zero. This gives you the location of the green dot on market cipher as described in the review. However, you raise a good point, about the code. You could add to it to include all of the above!

  14. the only issue i have with with the CryptoVN_Trend red and green dots is they seem to always be JUST a bit late… they are going off of the fsma and if they went off fema they would be even more accurate

    1. Hi Falcon Coin, The reason that they are “late” is because they only appear once the vwap is confirmed. Rather than turning on and off during the current candle. You are supposed to wait for Market Cipher to confirm, until using it. If the vwap is heading upward close to the 0 line and the blue momentum wave is below the white line, you can risk it before confirmation if you choose. You can, however, see when it was really close to becoming a green dot because it will appear just slightly over the white line!

      1. Oh Ok thanks! has anyone been able to set alerts up with this? like an alert for the green dot or the red dot? i tried editing the lazy bear to include that but since it does not do alerts now it is tough to know how to code it in there. i was able to edit the code above and set alerts on blue triangles, red x and the green(Longema)

  15. line 98: Undeclared identifier `green`;
    line 100: Undeclared identifier `red`;
    line 102: Undeclared identifier `blue`
    Skript ‘3 in one Buy-Sell Saved …. thats the last errors from 10 but i need this colors in this code …..
    I have no clue what i can do to make it work 3 in 1 indicator … i have completed 2 indis in 1 but i cant complete the 3 code to the other 2 can everybody explain how can i fix it

  16. Yes its from Longswing but not this link … I mean the postet Code from Market Cypher A on AUGUST 27, 2019 AT 11:24 AM
    i took it to my buildet 2in1 indicator … to have a 3in1 but the error codes
    line 98: Undeclared identifier `green`; line 100: Undeclared identifier `red`; line 102: Undeclared identifier `blue`
    idk if everybody need the hole code to fix this problem … or can everybody explain it to me … Hope for Help !! Thx !!!

  17. I am not qualified to say if MC works as well or even better than other indicators. But there is something slightly off with taking financial advise from an anonymous and masked person. Why is Crypto Face dressed as a bank robber?

  18. Hi. I have just signed up to Bybit and this is all new to me, but I came across Market Cipher and then your website. Is this based on Bybit? As I am unable to change the chart in Bybit. Thanks

    1. No this is based on tradingview, but if you’re a beginner, do not leverage trade until you learn a lot about trading. Go to bybit testnet to practice, if you’re sure you want to learn about leverage trading, but be warned, you’ll get rekt!!!

  19. Im really interested to buy this but it’s quite expensive from where I live and it will eat my whole capital. Thanks for this review I learned so much about this VN Trend.

    1. nice can you help me with the Moneyflow and the moneyflow bar from the waverider ??
      my Moneyflow code is not realy a good one looks a bit like comic style … need youur Moneyflow looks 10 times better … i post my Moneyflow here so youu can check if youu want but hope you can help me ….great work

      //@version=3 @Gizmo99 //
      // 2019-1-5
      //study(title=”Chaikin Money Flow”, shorttitle=”CMF”)

      //—————————— Inputs ——————————

      length = input(20, minval=1)

      //—————————— Colors ——————————

      color_negative = red
      color_positive = lime
      color_neutral = #656565

      //——————————- Logic ——————————

      // orignal CMF logic
      ad = close==high and close==low or high==low ? 0 : ((2*close-low-high)/(high-low))*volume
      mf = sum(ad, length) / sum(volume, length)

      positive = mf > 0

      //————————- Plotting & styling ————————

      transp_area = 35
      transp_cmf = 20
      transp_zero = 100

      color = positive ? color_positive : color_negative

      zero = plot(0, color=color_neutral, transp=transp_zero, title=”zero”)
      cmf = plot(mf, color=color_neutral, transp=transp_cmf, title=”CMF”)

      fill(zero, cmf, color=color, transp=transp_area, title=”MoneyFlowArea”)

      1. try this one

        study(title = “Volume Flow Indicator [LazyBear]”, shorttitle=”volume flow”)

        length = input(60, title=”VFI length”) ///130
        coef = input(0.25, step=0.01) // 0.20
        vcoef = input(0.6, step=0.01, title=”Max. vol. cutoff”) //2.5
        signalLength=input(1) //5
        ma(x,y) => true ? sma(x,y) : x

        typical=hlc3
        inter = log( typical ) – log( typical[1] )
        vinter = stdev(inter, 30 )
        cutoff = coef * vinter * close
        vave = sma( volume, length )[1]
        vmax = vave * vcoef
        vc = iff(volume cutoff, vc, iff ( mf 0) ? lime : red
        plot( vfima , title=”EMA of vfi”, style=area, transp=50, color=CenterColor)
        // plot( vfi, title=”vfi”, style=area, transp=50,color=CenterColor,linewidth=2)

        plot(0, color=gray, style=3)

      2. sorry it was the wrong one…

        this is the one i use

        //@version=4
        study(“My Script”)

        MFIAmplification = input(10, step=0.01, title=”VFI Volume amplification (Invertion possible)”) //5 //10

        MFIsignalLength = input(1, title=”VFI Signal length”) //5 // 1
        MFIlength = input(35, title=”VFI length”) ///60 //35
        MFIcoef = input(1.19, step=0.01, title=”VFI Max. vol. Coef”) // 0.25 //1.19
        MFIvcoef = input(0.6, step=0.01, title=”VFI Max. vol. VCoef”) //0.6 // 0.6

        ma(x, y) =>
        sma_1 = sma(x, y)
        true ? sma_1 : x
        MFItypical = hlc3
        MFIinter = log(MFItypical) – log(MFItypical[1])
        MFIvinter = stdev(MFIinter, 30)
        MFIcutoff = MFIcoef * MFIvinter * close
        MFIvave = sma(volume, MFIlength)[1]
        MFIvmax = MFIvave * MFIvcoef
        MFIvc = MFIAmplification * iff(volume MFIcutoff, MFIvc, iff(mf 0 ? color.lime : color.red
        plot(vfima, title=”EMA of VFI”, style=plot.style_area, transp=50, color=MFICenterColor)

  20. Great site and great info. Thank you!
    Does anyone know how to add the money flow index and yellow crosses on the chart? Also are there any other tweaks that can improve it?

  21. Thanks. MC isn’t very consistent. With 3 time frame macd + RSI I get a good return with low leverage and great consistency. Tried MC but feels it is an indicator that sometimes nails it. Going forward it can be good as an affirmation a trade is a good one.

    If a new trader reads this: start 3 different time frame macd: its safer. Basically if all align on all TFs in same direction it will be correct

    1. So true, the fact is that people who are profiting from MC are using additional indicators for confirmation. Learn the basics with RSI and MACD divergences first, then learn chart patterns and fibs, if you’re going to use MC, then always confirm the signals before trading. They are not always right!

  22. Thank you!! I was almost ready to fork over the 0.1 but my due diligence quickly led me to your review, which is excellent. I am stunned that virtually the whole script is available free. Your advice is also a godsend. I’m a new trader, I’ve only been steeped in the subject for a few weeks. Your review opened my eyes to just how deep the rabbit hole goes. Looking forward to your future reviews.

  23. Roll up – Roll up… In my personal opinion this rather nice website does point a finger towards choice and personal opinion… I know what my opinion is and also my personal choice… Member of Whale Crew & User of MC,,, Do I feel scammed..? Not a bit, more like enlightened and without the taste of sour grapes in my mouth… Speculate and Accumulate – Moon baby or flop, choice is yours..?

    1. Good for you, if you believe it’s worth the 0.2 BTC value then you have nothing to complain of. I just believe any real trader will not use these indicators as they are not as reliable as they are made to believe. His whale crew is the same, look at his November performance nearly 100K loss. If he was 100% transparent it would be a lot different. I truly believe 0.2 BTC is a lot of money (0.1 for the indicator and 0.1 for his whale crew), where they could learn a lot more from reading a book. Plus you should never leverage trade until you are very experienced, it only leads to failure.

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