Re: MT4 Indicator requests and ideas

21157
BW MFI compares the values ​​of the current bar with the previous one. This is not very correct for analysis. I think that the value of the current bar should be compared with the average value of several previous bars. That is, the sum of the ranges of the bars of a given period is divided into the amount of their volumes.
Thus, the value of the current bar will be relatively averaged by the given period. Will anyone make such an indicator?

Re: MT4 Indicator requests and ideas

21158
Intrest 1 wrote: Thu Mar 27, 2025 6:24 am BW MFI compares the values ​​of the current bar with the previous one. This is not very correct for analysis. I think that the value of the current bar should be compared with the average value of several previous bars. That is, the sum of the ranges of the bars of a given period is divided into the amount of their volumes.
Thus, the value of the current bar will be relatively averaged by the given period. Will anyone make such an indicator?
Maybe this