Fractal MFI HTF Indicator For MetaTrader 5
This Old Kings indicator for MetaTrader 5 is called Fractal MFI HTF Indicator For MetaTrader 5. As the name suggests, the idea behind it is Bill Williams fractals (swing highs / lows). In the code it works with fractals. It can read another timeframe. It has 6 settings, for example e period (default 30), normal speed (default 30) and IPC (default PRICE_TYPICAL_). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 2 indicator files with source code (.mq5) you can open and edit in MetaEditor and a PDF guide. 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 · MT5 · v1.0 · Free
About Fractal MFI HTF Indicator For MetaTrader 5
Fractal MFI HTF Indicator For MetaTrader 5 is an indicator for MetaTrader 5 based on Fractals. It can show data from another timeframe (MTF). It has 6 settings, such as E period, Normal speed and IPC. MQL source code included.
Files in the download: Fractal_MFI.mq5, Fractal_MFI_HTF.mq5, Rules read this.pdf, picture__48.png.
Settings
| Setting | Default | What it does |
|---|---|---|
| E period | 30 | глубина усреднения |
| Normal speed | 30 | |
| IPC | PRICE_TYPICAL_ | ценовая константа |
| Volume type | VOLUME_TICK | объём |
| Shift | 0 | сдвиг индикатора по горизонтали в барах |
| Time frame | PERIOD_H4 | Период графика индикатора (таймфрейм) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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: Fractals · Multi-Timeframe (MTF) · MT5 Indicator · MQL5 Source Code