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  • Discusión (3)
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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.


SETTINGS

  • 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!)...   

    This will mean A LOT to me... And this way I can continue to give away Cool Stuff for Free...

    With No Strings Attached!  Ever!


    Live Long and Prosper!

    ;)





    Comentarios 3
    Wan Ping Fei
    1742
    Wan Ping Fei 2020.08.10 12:45 
     

    ✔✔✔✔✔

    Douglas Silva
    139
    Douglas Silva 2020.06.11 02:06 
     

    A good indicator to use as same window to RSI. Thank you Flavio!

    Paulo Moraes
    276
    Paulo Moraes 2019.08.25 14:30 
     

    Obrigado por compartilhar seus indicadores, sempre ajudando nós usuários do MT5 com excelentes ferramentas.

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    Filtro:
    Paulo Moraes
    276
    Paulo Moraes 2019.08.25 14:30 
     

    Obrigado por compartilhar seus indicadores, sempre ajudando nós usuários do MT5 com excelentes ferramentas.

    Douglas Silva
    139
    Douglas Silva 2020.06.11 02:06 
     

    A good indicator to use as same window to RSI. Thank you Flavio!

    Wan Ping Fei
    1742
    Wan Ping Fei 2020.08.10 12:45 
     

    ✔✔✔✔✔

    Respuesta al comentario
    Versión 1.2 2020.06.06
    :: Recompiled (obligatory by Metaquotes as of June,05,2020) to the new MT5 version 2485. Please let me know if anything weird happens...
    Versión 1.1 2019.08.28
    ==1.1==
    FIXED - Level changes by the user were not reflected on the Chart.