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Metatrader 5 Indicators | X4Period_MFI_Arrows | Trading Tool Update

RobotFX curates the best open-source MetaTrader code to inspire your trading automation.

Real author:

transport_david

Four semaphore signal indicators based on MFI oscillators with different periods on one price chart.

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Trend signals occur when the RSI oscillators are in the oversold and overbought areas specified in the input parameters:

input uint rsiUpperTrigger=62;   // Overbought level
input uint rsiLowerTrigger=38;   // Oversold level

Fig.1. Indicator X4Period_MFI_Arrows

Figure 1. Indicator X4Period_MFI_Arrows

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