Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
Real author:
Cronex
The MACD Indicator, in which the price series is replaced by the series of values of the MFI (Market Facilitation Index) technical indicator. It is drawn in the form of a colored cloud.
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The indicator uses SmoothAlgorithms.mqh library classes (must be copied to the terminal_data_folder\MQL5\Include). The use of the classes was thoroughly described in the article "Averaging Price Series for Intermediate Calculations Without Using Additional Buffers".
Fig.1. CronexMFI Indicator
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