Free Download Forex MFI Slowdown Indicator For Mt5

Semaphore signal 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 — LevelMax and LevelMin.