MFI LB bar AM 外汇EA

The indicator identifies the strength of the trend based on the points where the MFII indicator exceeds the overbought and oversold levels.

The indicator does not redraw.

This indicator:

• Suitable for all markets; 
• Not redrawn;
• Intuitive and simple;
• It can be useful for both beginners and experienced traders;
• Allows you to identify market entry points where there is a high probability of a significant price movement sufficient for a successful transaction;

Settings:

• Ind_Period (>1) – period of the indicator;
• OB – Overbought level value;
• OS – Oversold level value.

The other indicators of the Level Break (LB) series can be found among my works.