Filter by MFI increase and decrease

The filter On MFI (Rise/Reduce) compares the new MFI value to the previous one. The direction is determined by changing the indicator without checking the channel boundaries.

Add the card to the designer

Open the Binance or Bybit robot task and The ISignal designer. Select MFI (Rise/Reduce) from the filter block.

The trading instrument is out of the question. The new card uses form values; it's not a recommended strategy.

Set the settings

• TF is selected from the list of current form; by default 1 minute.

• The Type of candles is Ordinary or Hakeen-Ash, by default Ordinary.

• Calculation allows you to select closed bars or current unlocked bars mode On the intersection (every second). The initial value is On the intersection (every second).

• Period from 2 to 30 bars, by default 14.

When the filter allows action

• MFI grew allowed long.

• MFI decreased allowed short.

• MFI has not changed both directions are allowed.

These rules apply to the deactivated Reverse field? the initial state of the form. The switch changes the long and short. The permission and prohibition of both parties remain the same.

Consider the meaning of the calculation

There's no upper or lower boundary in the form. For the MFI's entry into the MFI's position relative to the levels, another card is used. The growth of the indicator here is not equal to the price increase for the same bar.

Save the card and check the action

In the field When you exit the filter, select a loss response. By default , cancel cycles; the Selling by market and Selling by market commands are also available , taking into account deviation (if specified). The exit of the filter can affect the task already in place, not just the new entry.

Keep the card and check the rest of the conditions. All the filters should allow it to go. The consequences of the exit commands and the differences in modes are explained in The ISignal instructions. The filtering permission does not confirm the order sent or executed.