MFI LB bar AM
- Indicatori
- Versione: 27.0
- Aggiornato: 6 settembre 2024
- Attivazioni: 5
The indicator identifies the strength of the trend based on the points where the MFII indicator exceeds the overbought and oversold levels.
The indicator does not redraw.
This indicator:- Suitable for all markets;
- Not redrawn;
- Intuitive and simple;
- It can be useful for both beginners and experienced traders;
- Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;
- Ind_Period (>1) - period of the indicator;
- OB - Overbought level value;
- OS - Oversold level value.
The other indicators of the Level Break (LB) series can be found among my works.
