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BWmfi Candle

The BWmfi Bar indicator is designed to work with the Bill Williams system

The indicator displays MFI signals on the chart, highlighting candles the corresponding MFI signals


You can choose 4 options for the indicator operation by setting the corresponding number 1,2,3,4 in the settings, in the "Input parameters" tab:

  1. Normal graph without MFI signals
  2. In this mode, the bars will be painted in the colors of the MFI bars
  3. This regime is used in his trading by Justin Williams, the daughter of Bill Williams. In it, the candles are painted in the colors of the AO indicator (Awesome Oscillator) + the bars corresponding to the "Squat" MFI signal are highlighted
  4. A regular chart, with the highlighting of the candles corresponding to the MFI signal "Squat"

In the settings, in the "Colors" tab, you can set the color of the candles

! - The indicator works only in CANDLES mode


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You want to become a constantly profitable 5-star forex trader?  1.  Read the basic description of our simple trading  system  &  and it's major strategy update in 2020   2.   Send a screenshot of your purchase to get your personal invitation to our exclusive trading chat FX Trend displays the trend direction, duration, intensity and the resulting trend rating for all time frames in real time. You'll see at a glance at which direction the trends are running, how long they last and how powerf
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