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StochMFI Pro

$296

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Product Description

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Recognizing the unique preferences and trading styles of traders, we have developed StochMFI Pro with the aim of adding more diversity to the Stochastic Indicator family. This intelligently integrated indicator equips you with the ability to effectively identify potential reversal points and analyze market momentum. With StochMFI Pro by your side, you gain a powerful tool to enhance your trading decisions and maximize your analysis capabilities.

StochMFI Pro combines the widely recognized Stochastic and MFI indicators, utilizing the MFI value as an input rather than relying on market price. When the %K and %D lines intersect within the overbought or oversold areas, the oscillator generates reversal signals.

So, what distinguishes StochMFI Pro from the conventional Stochastic and MFI indicators?

  • StochMFI Pro offers entry signals and highlights overbought and oversold areas on the price chart, helping you easily capture trading opportunities.
  • The frequency of reversal signals generated is higher because the oscillator has the ability to swiftly move between overbought and oversold areas.
  • The sound alert and popup are integrated to promptly notify you whenever signals emerge, avoiding any missed trading opportunities.

When the overbought or oversold area starts to be highlighted on the main panel, it is highly recommended to start looking for a retracement in the price action for a potential reversal. Because at this point, the StochMFI Pro value is approaching the extreme limits of its scale.

Stochastic has always been a highly favored indicator due to their simplicity and proven accuracy in identifying potential market reversals. We are delighted to present an enhanced edition of the traditional stochastics, promising an elevated trading experience for you. If you are an active trader seeking market reversals and desiring a more accurate measure of overbought and oversold conditions, make sure to explore the sensitive StochMFI Pro oscillator.

Dedicated NinjaScript signals:
  • Signal_State: 1 = overbought, -1 = oversold, 0 = middle
  • Signal_Trade: 1 = %K cross above %D in oversold, -1 = %K cross below %D in overbought, 0 = no signal

Software Changelog

  • 14 Aug 2024 - The "Brush series exceeds the maximum number (65535) of unique brushes" error was fixed.
  • 19 Jul 2023 - The indicator was released (build new).

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From very happy customers... 500+ reviews →
  1. product_image StochMFI Pro $$
    5 5

    Well-Made Indicators

    I'm really enjoying your indicators. Thanks again! They are extremely well made, and I look forward to purchasing more from you in the future.

  2. product_image StochMFI Pro $$
    5 5

    a very satisfied customer of ninZa.co

    I would like to say that I am a very happy satisfied client with ninZa.co as well as a very profitable one. I have been using a mix of their excellent indicators to reduce market noise and filter trend waves for great visual clarity which increases the probability of trading on the right side of the market. Their price deals compared to many other vendors are a steal and their customer service is top-notch. I highly recommend checking their vast array of powerful indicators which I am sure will greatly assist in one's journey to becoming a successful trader...TK

  3. product_image StochMFI Pro $$
    5 5

    prompt service

    Excellent customer support,
    Prompt service,
    Recommended essential NinjaTrader indicators.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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