Forex Signal Bars MFI Indicator
From the Old Kings archive: Forex Signal Bars MFI Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is buy / sell signals on the chart. In the code it works with moving averages, CCI, Momentum and an oscillator. It has 18 settings, for example Corner of Chart RIGHT TOP (default true), Show Price (default false) and Show Xtra Details (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Signal Bars MFI Indicator
Forex Signal Bars MFI Indicator is an indicator for MetaTrader 4 based on Moving Average, CCI, Momentum and Oscillator. It has 18 settings, such as Corner of chart right top, Show price and Show xtra details. MQL source code included.
Files in the download: installation manual.txt, _Signal_Bars_MFI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Corner of chart right top | true | |
| Show price | false | |
| Show xtra details | true | |
| Show smaller size | false | |
| Shift up dn | 0 | Bar shift (0 = current bar) |
| Adjust side to side | 20 | |
| Bar label color | LightBlue | Colour on the chart |
| Comment label color | LightBlue | Colour on the chart |
| Mfi period | 9 | Period or timeframe used by the calculation |
| Rvi period | 9 | Period or timeframe used by the calculation |
| Cci period | 13 | Period or timeframe used by the calculation |
| Cci price type | 0 | |
| Mom period | 10 | Period or timeframe used by the calculation |
| Mom price type | 0 | |
| Ma fast | 1 | |
| Ma slow | 62 | |
| Ma mode | 1 | |
| Ma price type | 0 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Moving Average · CCI · Momentum · Oscillator · MT4 Indicator · MQL4 Source Code