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Views:: 6304
Rating:: (14)
Published:: 2019.02.07 08:49

3TF_MFI_Average.mq5 (27.38 KB) view

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Indicator Three timeframes Money Flow Index with Average displays in a separate window three indicators Money Flow Index from the pre-defined timframes and the mean value thereof.

It has twelve adjustable parameters:

Period - MFI calculation period
Applied volume - volume used for calculations
Overbought - overbought level
Median - mean level
Oversold - oversold level
Drawing mode - drawing mode

Steps - by steps
Slope - by sloping lines

First MFI timeframe - timeframe of the first MFI
Second MFI timeframe - timeframe of the second MFI
Third MFI timeframe - timeframe of the third MFI
Show first MFI - show the first MFI
Show second MFI - show the second MFI
Show third MFI - show the third MFI

Fig. 1. Three timeframes Money Flow Index with Average. Drawing mode = Steps

Fig. 2. Three timeframes Money Flow Index with Average. Drawing mode = Slope

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23433

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3TF_MFI_Average - indicator for MetaTrader 5