ColorMFI_X20_HTF - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
This colored MFI_X20 indicator can be changed using the indicator input parameters for the calculated time range:
Input ENUM_TIMEFRAMES time range = PERIOD_H4 ; // Indicator chart period (time range)
In order for the indicator to run, the ColorMFI_X20.ex5 indicator should be added to
Figure 1. ColorMFI_X20_HTF indicator
Attachment download
📎 colormfi_x20.mq5 (17.55 KB)
📎 colormfi_x20_htf.mq5 (27.58 KB)
Source: MQL5 #23289
ColorMFI_X20_HTF - MetaTrader 5 script | Forex indicator download - MT4/MT5 resource usage and screening suggestions
ColorMFI_X20_HTF - MetaTrader 5 script | Foreign exchange indicator download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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