The MFITrend_x10 indicator shows the MFI oscillator position from ten different timeframes.

If the oscillator is positioned lower than the oversold level, the color squares are painted in gold, if it’s higher than the overbought level, the color squares are painted in blue. Otherwise, the squares are gray. The indicator uses the values of the last closed bars.


picture  20 MFITrend x10   indicator for MetaTrader 5

Fig.1. The MFITrend_x10 indicator

Translated from Russian by MetaQuotes Software Corp.
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