CMFIOnRingBuffer Class for Money Flow Index (MFI) Calculation
Info
The CMFIOnRingBuffer Class for Money Flow Index (MFI) Calculation is a Indicator for MetaTrader 5 that the cmfionringbuffer class is designed to calculate the money flow index (mfi) using a ring buffer algorithm. DeclarationThe CMFIOnRingBuffer.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CMFIOnRingBuffer Class for Money Flow Index (MFI) Calculation
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The CMFIOnRingBuffer class is designed to calculate the Money Flow Index (MFI) using a ring buffer algorithm.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Moving Average Calculation with the CMAOnRingBuffer Class - another powerful indicator for MetaTrader 5 traders.
The CMFIOnRingBuffer class is designed to calculate the Money Flow Index (MFI) using a ring buffer algorithm.Also recommended: CatronRingBuffer Class for ATR Indicator Calculation - similar indicator with strong performance on MetaTrader 5.
Declaration
The CMFIOnRingBuffer.mqh class file should be placed in the 'InconRingBuffer' folder within the 'MQL5\Include\' directory. Two example files are provided in the same folder, along with the necessary class files.
Class Methods
Data retrieval from the ring buffer is similar to accessing elements in a standard array. For instance:
Note that indexing in the ring buffer follows the same convention as in a regular array.
Examples
test_mfi_onArrayRB.mq5: Calculates the MFI indicator based on price time series, showcasing the mainOnArray() method application.
test_mfi_onValueRB.mq5: Demonstrates the use of the mainOnValue() method. It calculates the MFI indicator, draws it, and then calculates and draws another MFI indicator based on the first one's ring buffer.
Results:
- Test_mfi_onArrayRB.mq5 with a ring buffer size of 256 elements.
- Test_mfi_onValueRB.mq5 with a ring buffer size of 256 elements.
This class was developed using the work of [contributors] in 2026.
You may also like: CADXOnRingBuffer Class for ADX Indicator Calculation - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property indicator_separate_window
#property indicator_minimum 0
#property indicator_maximum 100
#property indicator_level1 20.0
#property indicator_level2 80.0
#property indicator_levelcolor silver
#property indicator_levelstyle 2.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.