Money Flow Index EA Friendly
The traditional Money Flow Index indicator, this time, EA friendly. There are 3 buffers exposed that can be used by EAs to automatically analyze the Overbought and Oversold conditions of the quote. Just use the traditional iCustom() function to get these signals.
This Money Flow Index calculation is based on the traditional Metaquote's MFI indicator.
- MFI Period
- Volume type to analyze (Real Volume or Ticks)
- Starting Overbought region
- Starting Oversold region
USING WITH EAs
- Buffer #0: MFI Value
- Buffer #1: 0=Overbought state is OFF / 1=Overbought state is ON
- Buffer #2: 0=Oversold state is OFF / 1=Oversold state is ON
Please note that this indicator REPAINTS! So the current bar can state the ON and OFF signals repeatedly.
If you like this indicator, all I am asking is a little Review (not a Comment, but a REVIEW!)...
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With No Strings Attached! Ever!
Live Long and Prosper!;)
FIXED - Level changes by the user were not reflected on the Chart.