• Indicators,  M

    MFIProZone

    MFIProZone is a NinjaTrader 8 indicator that enhances the classic Money Flow Index with an optional ADX trend filter for clearer buy/sell signals and better avoidance of choppy markets.   Key Features of MFI Refined MFIProZone Signals Above 50? MFIProZone plots a bullish color to help you spot positive momentum. Below 50? A bearish color indicates a potential downtrend. Overbought/Oversold Thresholds (e.g., 62/38) let you know when to watch for reversals. ADX Trend Filter ADX Above Threshold (often 25) means the market is trending. Signals only trigger in trending conditions, helping you avoid false trades in sideways markets. Clear Visuals & Alerts Background shading for extreme (90–100) or start (80–90)…