mql5

This article continues our series about how to design simple trading systems based on the most popular technical indicators to help us learn MQL5 coding. In this new article, we will have a look at the new technical indicator called the Money Flow Index (MFI). We will learn this indicator in detail and find out how to develop a simple trading system based on the main concept behind it. So we will cover this indicator through the following topics:

1. MFI definition
2. MFI strategy
3. MFI strategy blueprint
4. MFI trading system
5. Conclusion

more...