OPEN-SOURCE SCRIPT
已更新 Market Balance Shift (MBS)

Here's a **professional TradingView description** for your original indicator.
# Market Balance Shift (MBS)
**Market Balance Shift (MBS)** is an original trend-following indicator designed to identify moments when market momentum shifts from balance into expansion. Instead of relying on traditional oscillators such as RSI or MACD, MBS evaluates the relationship between **candle efficiency, price expansion, and trend direction** to highlight high-conviction trading opportunities.
The indicator measures how effectively price moves within each candle and compares the current trading range with recent market activity. When efficient price movement aligns with an established trend and expanding volatility, MBS generates Buy or Sell signals, helping traders focus on stronger directional moves while filtering out lower-quality setups.
### Features
* Original Market Balance algorithm
* Trend confirmation using EMA
* Candle Efficiency analysis
* Relative Range Expansion detection
* Buy & Sell signals
* Built-in alert conditions
* Lightweight and fast execution
* Suitable for Forex, Crypto, Indices, and Stocks
* Compatible with all timeframes
### How It Works
* **Buy Signal:** Triggered when bullish trend conditions align with increasing market balance and expanding price movement.
* **Sell Signal:** Triggered when bearish trend conditions align with increasing downside pressure and expanding price movement.
### Best Markets
* BTCUSD
* XAUUSD (Gold)
* Forex Major Pairs
* US Indices
* High-volume Stocks
### Recommended Timeframes
* Scalping: 5m–15m
* Intraday: 30m–1H
* Swing Trading: 4H–Daily
### Disclaimer
This indicator is intended as a decision-support tool and should be used alongside sound risk management, market structure analysis, and your own trading plan. No indicator can guarantee profitable trades under all market conditions.
# Market Balance Shift (MBS)
**Market Balance Shift (MBS)** is an original trend-following indicator designed to identify moments when market momentum shifts from balance into expansion. Instead of relying on traditional oscillators such as RSI or MACD, MBS evaluates the relationship between **candle efficiency, price expansion, and trend direction** to highlight high-conviction trading opportunities.
The indicator measures how effectively price moves within each candle and compares the current trading range with recent market activity. When efficient price movement aligns with an established trend and expanding volatility, MBS generates Buy or Sell signals, helping traders focus on stronger directional moves while filtering out lower-quality setups.
### Features
* Original Market Balance algorithm
* Trend confirmation using EMA
* Candle Efficiency analysis
* Relative Range Expansion detection
* Buy & Sell signals
* Built-in alert conditions
* Lightweight and fast execution
* Suitable for Forex, Crypto, Indices, and Stocks
* Compatible with all timeframes
### How It Works
* **Buy Signal:** Triggered when bullish trend conditions align with increasing market balance and expanding price movement.
* **Sell Signal:** Triggered when bearish trend conditions align with increasing downside pressure and expanding price movement.
### Best Markets
* BTCUSD
* XAUUSD (Gold)
* Forex Major Pairs
* US Indices
* High-volume Stocks
### Recommended Timeframes
* Scalping: 5m–15m
* Intraday: 30m–1H
* Swing Trading: 4H–Daily
### Disclaimer
This indicator is intended as a decision-support tool and should be used alongside sound risk management, market structure analysis, and your own trading plan. No indicator can guarantee profitable trades under all market conditions.
版本注释
Version UpdateThis update improves the overall accuracy, usability, and signal quality of the Market Friction Index (MFIx).
**What's New**
* Added an EMA trend filter to improve trend confirmation.
* Refined the Market Friction calculation for better momentum analysis.
* Introduced a smoothed composite score to reduce market noise.
* Added automatic BUY and SELL signals based on trend and momentum alignment.
* Implemented dynamic bar coloring for faster market interpretation.
* Improved input customization, including trend length, friction period, smoothing, and signal threshold.
* Optimized calculations for better performance across all markets and timeframes.
* Enhanced code structure and overall stability.
Thank you for using Market Friction Index (MFIx). More improvements and new features will be added in future updates based on continuous development and user feedback.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
t.me/JohnsonForexTrading
✨Elite Forex Signals | FREE & VIP
✓ Daily 3–5 signals with 1:2+ RRR
✓ Pro market analysis, Precise entry, SL&TP
✓ Premium services VIP signals & 50/50 profit-sharing acc management
t.me/JohnsonForexTrading
✨Elite Forex Signals | FREE & VIP
✓ Daily 3–5 signals with 1:2+ RRR
✓ Pro market analysis, Precise entry, SL&TP
✓ Premium services VIP signals & 50/50 profit-sharing acc management
t.me/JohnsonForexTrading
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
t.me/JohnsonForexTrading
✨Elite Forex Signals | FREE & VIP
✓ Daily 3–5 signals with 1:2+ RRR
✓ Pro market analysis, Precise entry, SL&TP
✓ Premium services VIP signals & 50/50 profit-sharing acc management
t.me/JohnsonForexTrading
✨Elite Forex Signals | FREE & VIP
✓ Daily 3–5 signals with 1:2+ RRR
✓ Pro market analysis, Precise entry, SL&TP
✓ Premium services VIP signals & 50/50 profit-sharing acc management
t.me/JohnsonForexTrading
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。