MaTMFI: A Smoothed, Slower Version of the True MFI Indicator

Summary

MaTMFI is described as a smoothed and slower variant of the True MFI indicator. The entry notes that its implementation uses classes from a smoothing-algorithms library, with an accompanying reference discussing price-series averaging for intermediate calculations without extra buffers. This positions MaTMFI as a technical indicator implementation whose behavior is intended to be less responsive than the underlying True MFI.

The document says the indicator was first implemented in MQL4 and published in 2010. It provides no formula, parameter settings, chart interpretation, trading rules, or performance evaluation, so the exact degree of smoothing and the indicator’s practical usefulness cannot be assessed from this text. Traders would need the implementation details and independent testing before drawing conclusions about signals or using it in a strategy.

Key ideas

• MaTMFI is presented as a smoothed, slower variant of the True MFI indicator.
• Its implementation relies on a smoothing-algorithms library for intermediate calculations.
• The indicator was first implemented in MQL4 and published in 2010.
• The document gives no formula, trading rules, or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.