MFI Signal AM

5

This indicator displays signals on the price chart based on the data of the classic indicator - the Money Flow Index (MFI).

The volume is taken into account when calculating the MFI values. MFI can be used to determine overbought or oversold zones in the market.

This indicator allows you to display three types of signals on the price chart:

  • MFI exit from the overbought or oversold zone;
  • MFI entry into the overbought or oversold zone;
  • MFI crossing the middle between the overbought and oversold zones.

Signals are displayed only on a fully formed candle.

After displaying, the signal is not redrawn.

Configurable indicator parameters:

  • MFI_Period (>0) - MFI indicator period;
  • Level oversold (0-100) - level value for the oversold zone;
  • Level overbuy (0-100) - level value for the overbought zone;
  • Exit_from_oversold_or_overbuy - signal when exiting the overbought or oversold zone;
  • Entrance_to_oversold_or_overbuy - signal when entering the overbought or oversold zone;
  • Intersection_of_the_middle - signal when crossing the middle between the overbought or oversold zones;
  • Distance - distance from the signal to the price chart;
  • Alerts - the indicator displays a dialog box containing user data;
  • Send_Mail - the indicator sends an email to the address specified in the settings window on the "Mail" tab;
  • Send_Notification - the indicator sends a notification to mobile terminals whose MetaQuotes IDs are specified in the settings window on the "Notifications" tab.

Attention:

Please note that any market is constantly changing and there is no guarantee that methods that have been effective in the past will show the same results in the future.

To minimize potential losses, you should regularly optimize the product parameters, study the results of its work and withdraw part of the profit received.

It is recommended that before using the product on a real account, you test its work on a demo account in the same market and with the same broker where you plan to trade.

With respect and best wishes,

Andriy Matviyevs'kyy


P.S.

If you liked this product, I would be grateful for a fair assessment - positive user reviews motivate the author, and reasonable criticism allows us to make products better.

I suggest visiting my page where you will find many unique author's works that are the result of many years of studying exchange trading and FOREX trading.



Reviews 3
Ilya Yuriev
271
Ilya Yuriev 2016.07.28 21:20 
 

Отличный индикатор. Позволяет получать основной сигнал и проводить дальнейший анализ для входа.

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The presented indicator sets dynamic support/resistance levels on the price chart. The indicator is easy to use and can be useful for both beginners and professional traders. The middle line of the indicator (Central level) helps to identify the current trend: If the closing price is above the central line - the trend is ascending. If the closing price is below the central line - the trend is descending. The presented indicator allows implementing another version of the trading strategy, which w
FREE
ADX Trigger AM
Andrii Matviievskyi
5 (1)
This indicator is an interpretation of the Average Directional Movement Index (ADX), which helps to determine the presence of a price trend. It was developed and described in detail in the book "New Concepts in Technical Trading Systems" by Welles Wilder. The indicator determines entry points into the market, using the intersection of the +/- lines of the ADX indicator as a signal, as well as the rise or fall of the main line of the ADX indicator. Crossing the zero line by the indicator indicate
FREE
AlphaTrend AM
Andrii Matviievskyi
The presented indicator, based on the volatility readings of a financial instrument plots dynamic S/R levels on the price chart. The indicator determines the trend and points to possible entry points formed by local highs/lows. The indicator allows you to notify the user of its signals by sending messages to the terminal and e-mail. The indicator does not repaint or recalculate. Signals when working with the indicator: The appearance of a red arrow above the price chart is a possible start of a
FREE
EasyTrend AM
Andrii Matviievskyi
5 (1)
The presented product is a trend indicator of technical analysis that allows you to open a position at the very beginning of a significant price movement. The most important qualities of the presented indicator are: The ability to follow the trend for as long as possible to get all the potential profit; Minimization of potential losses in case of a trend reversal or significant correction. The indicator has a wide range of customizable parameters allowing it to be used effectively in any market
FREE
ASC Signal AM
Andrii Matviievskyi
A signal indicator marking buy/sell points. In this version, it is supplemented with optimal SL points. Recommended for use in conjunction with a trend indicator to filter signals. The indicator has only one adjustable parameter that determines its sensitivity, which greatly simplifies setting the indicator to the current market and the user's trading style. Indicator signals are given only after the full formation of the bar. The indicator can be used to trade any market. Its basic parameters p
FREE
Fine Trade AM
Andrii Matviievskyi
The presented indicator evaluates the volatility of a financial instrument and provides highly effective signals about moments of significant changes in the direction of price movement. The indicator is intuitive and easy to use. The indicator signal is generated after the completion of the formation of the bar on which the indicator changes its position relative to zero. The indicator never redraws the signal. The indicator signals must be confirmed by the price exceeding the maximum/minimum of
Bulls or Bears AM
Andrii Matviievskyi
5 (1)
The presented indicator implements the idea embedded in the classic technical analysis indicators - "Bulls" / "Bears" at a new level. The "Bulls or Bears AM" indicator displays the difference between the maximum and minimum prices for the current period of time and the values ​​of the channel built on the maximum and minimum prices for a longer period. The growth of the indicator values ​​above zero indicates that the maximum price for the current period is greater than the average value of maxi
Market Pulse AM
Andrii Matviievskyi
5 (1)
The presented indicator analyzes the direction of the short-term and long-term trend for specified periods, taking into account the volatility of the market. This approach allows combining high sensitivity of the indicator with a high probability of execution of its signals. The principle of use is extremely simple: the indicator histogram is greater than 0 - a buy signal / the indicator histogram is less than 0 - a sell signal. The indicator allows you to configure two types of parameters: fast
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Vance Fill
197
Vance Fill 2024.05.31 03:16 
 

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Didik
114
Didik 2023.05.18 08:13 
 

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Ilya Yuriev
271
Ilya Yuriev 2016.07.28 21:20 
 

Отличный индикатор. Позволяет получать основной сигнал и проводить дальнейший анализ для входа.

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