MFI Flat Detector m
- Indicators
- DMITRII GRIDASOV
- Version: 1.55
- Activations: 10
Crypto_Forex Indicator "MFI FLAT Detector" - is an efficient auxiliary tool in trading! No Repaint.
I offer you to upgrade your trading methods with this great indicator for MT4.
- Indicator shows price Flat areas on the chart. It has "Flat sensitivity" parameter - which is responsible for flat detection.
- "MFI FLAT Detector" is very useful for divergence detection and it is great to combine with Price Action as well.
- You can use it for trend following systems to detect flat zones and avoid trading there.
- You can use it for reversal scalping - to trade reversals from flat boarders.
- There are plenty opportunities to use "MFI FLAT Detector" instead of standard MFI oscillator.
- Money Flow Index (MFI) itself is a technical oscillator which uses price and volume data for identifying oversold and overbought zones.
- It is great to take Sell entries from Overbought when the MFI is above 80 and Buy entries from Oversold when it is below 20.
// Great Trading Robots and Indicators are available here: https://www.mql5.com/en/users/def1380/seller
This is original product which is offered only on this MQL5 website.