MFI_normalized – indicator MetaTrader 5
John Bollinger MFI Money Flow Index), normalized. Bollinger Bands are used for calculating overbought/oversold zones. There are four input parameters: MFI period – MFI calculation period MFI applied volume – volume used for MFI calculation BB period – Bollinger Bands calculation period BB deviation – Bollinger Bands deviation Calculation: NormMFI = (MFI-BL) / (TL-BL) where: … Read more