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EA GBPUSD

haba

By haba
in MetaTrader Expert Advisors

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EA GBPUSD  

17 members have voted

  1. 1. EA GBPUSD

    • iCCI2
      0
    • iDemarker2
      7
    • iMFI2
      0
    • iRSI2
      0
    • iWPR2
      0
    • MA Cross
      1
    • MACD Cross
      6
    • RVI Cross
      2
    • SAR Cross
      0
    • STOCHASTIC Cross
      1

Recommended Posts

fx_cyborg Newbie

fx_cyborg

Posted
Posted

Re: MFI Indicators

 

IMHO: J. Welles Wilder Money Flow Index (MFI) Indicators cannot work in Forex Spot Market, because MFI is RSI with a Volume Calculation in those formula.

 

As We know Forex Spot Market doesn't represent Volume well.

 

Thats why some veteran traders use Volatility Indicators as a subtitute Volume (such Bollinger Bands, Standard Deviation, etc)

 

Just FYI : Volume is not an indicator ! Volume is a Statistic.

 

Regards

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