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Published:

2015.10.12 15:36

Updated:

2016.11.22 07:32

fx5_selfadjustingmfi.mq5 (9.24 KB) view

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Real author:

FX5

The MFI oscillator with the boundaries of the overbought/oversold areas in the form of Bollinger Bands.

Indicator input parameters:

input uint Length=12; // MFI period
input ENUM_APPLIED_VOLUME VolumeType=VOLUME_TICK; // Volume
input double BandsDeviation=2.0; // Deviation
input bool MA_Method=true; // Use smoothing for Bollinger Bands
input int Shift=0; // Horizontal indicator shift in bars

Fig.1. The FX5_SelfAdjustingMFI indicator

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/13680

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