Slowdown Indicator based on the MFI indicator, which features alerts, sending emails and push-notifications to mobile devices.
The indicator is based on the idea that the price reversal is preceded by a reduction in indicator change rate and its reversal. For this purpose, it searches for the intervals where the price begins to stagnate in the overbought or oversold area of the fast MFI indicator.
The indicator provides the ability to mark these areas with arrows on the chart. It is also possible to disable searching for the MFI slowdowns. In that case, the indicator will simply display exceedance of the MFI levels specified in the settings
MFI Slowdown indicator for MetaTrader 4 & 5 is a Metatrader 4 & 5 (MT5) indicator and the essence of this technical indicator is to transform the accumulated history data.
MFI Slowdown indicator for MetaTrader 4 & 5 provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install MFI Slowdown MetaTrader MT4 & MT5
- Download MFI Slowdown indicator for MetaTrader 5
- Copy MFI Slowdown indicator for MetaTrader 5 to your Metatrader 5 Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your mt5 indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on MFI Slowdown – indicator for MetaTrader 5
- Attach to a chart
- Modify settings or press ok
- Indicator MFI Slowdown – indicator for MetaTrader 5 is available on your Chart
How to remove MFI Slowdown indicator
- Select the Chart where is the Indicator running in your Metatrader 5 Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Slowdown Indicator Trading Video
MQ5
MQ4
