Index

Market Facilitation Index (BW MFI) – indicator MetaTrader 5

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Market Facilitaion Index indicator
Market Facilitation Index technical indicator (BW MFI) is the indicator which shows the change of price for one tick. Absolute values of the indicator do not mean anything as they are, only indicator changes have sense. Bill Williams emphasizes the interchanging of MFI and volume: Market Facilitation Index increases and volume increases – this points … Read more

Money Flow Index (MFI) – indicator MetaTrader 5

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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Index (MFI) is the technical indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.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

Relative Strength Index (RSI) – indicator MetaTrader 5

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Relative Strength Index indicator
The Relative Strength Index technical indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the Relative Strength Index, he recommended using a 14-day RSI.. Since then, the 9-day and 25-day Relative Strength Index indicators have also gained popularity. A popular method of analyzing the RSI is to look for … Read more

Variable Index Dynamic Average (VIDYA) – indicator MetaTrader 5

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Variable Index Dynamic Average Indicator
Variable Index Dynamic Average (VIDYA) technical indicator was developed by Tushar Chande. It is an original method of calculating the Exponential Moving Average (EMA) with the dynamically changing period of averaging. Period of averaging depends on the market volatility; as the measure of volatility Chande Momentum Oscillator (CMO) was chosen. This oscillator measures the ratio … Read more

An Expert Advisor – Index Moving Average – EA MetaTrader 5

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An Expert Advisor - Index Moving Average
This Expert Advisor implements the trading strategy, based on the Index Moving Average (IMA) indicator, its money management system dependent on the specified risk and loss size. The strategy The daily bars are used for trading. The signals checks when the new bar is appear. The formulae is: k=(ima0 – ima1)/|ima1| where ima0 – the … Read more