MFI Signal AM

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

Volume is taken into account when calculating MFI values.

The MFI can be used to identify overbought and oversold zones in the market.

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

• MFI crossing the midpoint between the overbought and oversold zones;
• MFI exiting the overbought or oversold zone;
• MFI entering the overbought or oversold zone;
• fast MFI and slow MFI crossing;
• MFI exiting the channel;
• MFI entering the channel.

Signals are displayed only on a fully formed candle.

After displaying, the signal is not redrawn.

Configurable indicator parameters:

• Ind_Period - oscillator period;
• B_Deviation - deviation of the channel bands from the oscillator value;
• OS_OB - oversold/overbought level;
• F_S_Period - first smoothing period;
• F_S_Method - first smoothing method;
• F_S_Shift - first smoothing shift;
• S_S_Period - second smoothing period;
• S_S_Method - second smoothing method;
• S_S_Shift - second smoothing shift;
• 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 "Mail" tab of the settings window;
• Send_Notification - the indicator sends a notification to mobile terminals whose MetaQuotes IDs are specified in the "Notifications" tab of the settings window.