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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.

  • 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
  • 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!

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    Our Useful Features & Services

    Published

    25 August 2019

    Updated

    06 June 2020

    Current Version

    1.2

    Reviews

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    Wan Ping Fei February 28, 2021 6:30 pm
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    \u2714\u2714\u2714\u2714\u2714

    Paulo Moraes February 28, 2021 6:30 pm
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    Obrigado por compartilhar seus indicadores, sempre ajudando n\u00f3s usu\u00e1rios do MT5 com excelentes ferramentas.

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