Money Flow Index (MFI) – indicator MetaTrader 5

Money Flow Index indicator
Money Flow Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI. When analyzing the money flow index one needs … Read more

Market Flow Analysis Method (MFAM) Indicator for Price Action – indicator MetaTrader 4

Market Flow Analysis Method (MFAM) Indicator for Price Action - indicator for MetaTrader 4
Description: The concept comes from Market Flow Analysis Method (MFAM) mentioned on by Todd Mitchell (I have no relationship with this website nor Todd Mitchell) The program keeps track of Highest Highs (& Lowest Lows) and also whether there a trend change seems to be taking place. The bold Red & Green indicate the Highest … Read more