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Money Flow Index EA Friendly

3.67

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 5
    Douglas Silva
    169
    Douglas Silva 2020.06.11 02:06 
     

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

    Rafal Krzysztof Manuszewski
    2283
    Rafal Krzysztof Manuszewski 2024.10.08 18:43 
     

    ok

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    Flavio Javier Jarabeck
    The Metatrader 5 has a hidden jewel called Chart Object, mostly unknown to the common users and hidden in a sub-menu within the platform. Called Mini Chart, this object is a miniature instance of a big/normal chart that could be added/attached to any normal chart, this way the Mini Chart will be bound to the main Chart in a very minimalist way saving a precious amount of real state on your screen. If you don't know the Mini Chart, give it a try - see the video and screenshots below. This is a gr
    Filtro:
    Rafal Krzysztof Manuszewski
    2283
    Rafal Krzysztof Manuszewski 2024.10.08 18:43 
     

    ok

    Marcel Bühler
    1454
    Marcel Bühler 2021.03.12 22:12 
     

    Shows good in bigger time frames, not that well in short term time frames.

    Wan Ping Fei
    1690
    Wan Ping Fei 2020.08.10 12:45 
     

    El usuario no ha dejado ningún comentario para su valoración

    Douglas Silva
    169
    Douglas Silva 2020.06.11 02:06 
     

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

    Paulo Moraes
    261
    Paulo Moraes 2019.08.25 14:30 
     

    El usuario no ha dejado ningún comentario para su valoración

    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.