Indicators: True MFI (Alternative to the standard MFI)

[Automated-Trading]

True MFI (Alternative to the standard MFI):

Rise or fall in prices is often preceded by increased activity of trading. The True MFI indicator tries to use this fact

Fig.1 The True MFI indicator

Author: Nikolay Kositsin

[Vladislav Eremeev]

Thanks for the transfer and addition of the indicator

[Stanislav Korotky]

Strange statement regarding the fact that the "standard" MFI does not take volumes into account. For example, for 4, the equivalent code - https://www.mql5.com/en/code/8025 - takes volumes into account. Is this not the case for 5?