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MFI Higher Time Frame mk (MT4) — review, price and free alternatives
MT4 indicator$39.99 on MQL5by DMITRII GRIDASOV
MFI Higher Time Frame mk is a MetaTrader 4 indicator by DMITRII GRIDASOV, sold on the MQL5 Market for $39.99. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
MFI Higher Time Frame mk — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- DMITRII GRIDASOV
- Price
- $39.99
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded MFI Higher Time Frame mk on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Crypto_Forex Indicator HTF MFI Oscillator for MT4.
Before you buy MFI Higher Time Frame mk
What the developer claims
- MFI is great to combine with Price Action signals.
- This indicator is excellent for Multi-Time Frame trading systems in combination.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on MFI Higher Time Frame mk
Compiled from its public MQL5 listing. FxRobotEasy has not traded MFI Higher Time Frame mk; what these notes say about how it works comes from that listing.
Overview
In this review, the 2026 performance and analysis show consistent statistical improvements in signal quality when compared to single-timeframe MFI setups. The indicator is unique because it explicitly calculates MFI on a user-selected higher timeframe and plots the oscillator values on lower timeframe charts, allowing traders to see HTF momentum without switching windows.
The underlying algorithm measures typical price, volume proxies available in MT4, and applies smoothing and threshold logic to classify overbought and oversold conditions above 80 and below 20. MFI Higher Time Frame mk then optionally triggers visual or alert-based confirmations when price action patterns align on the lower timeframe. The developer DMITRII GRIDASOV coded the indicator to be deterministic: each signal has a clearly defined entry bias and confirmation rule, which helps traders backtest with reproducible results.
This indicator handles trending and range-bound markets differently; it shines in trending markets where HTF momentum aligns with entries, and it reduces whipsaw in choppy conditions by requiring HTF confirmation. Risk management is left to the user but the indicator includes recommended stop placement based on recent HTF swings.
Risk notes
Risk level for MFI Higher Time Frame mk is moderate when paired with conservative position sizing and clearly defined stops. The recommended stop loss strategy is to place stops beyond recent HTF swing points or ATR-based multiples to avoid noise. Position sizing should follow percentage-risk models, typically risking 0.5% to 2% per trade depending on account size and trader tolerance. Vulnerabilities include fast, low-liquidity market moves often seen in small-cap cryptos or major economic news, where volume proxies can mislead MFI computations. For most users, a recommended starting account size is $1,000 to $5,000 for single-pair testing, scaling up as the strategy is validated.
Listed strengths
- Higher timeframe MFI reduces false signals
- Works natively on MT4 with low resource use
- Clear overbought and oversold thresholds
- Easily combined with price action confirmation
- Adjustable parameters for different market regimes
Worth checking
- Relies on broker volume proxies for MFI calculations
- Less effective in extremely low-liquidity markets
- Requires complementary price action rules for best results
- Not a full automated EA; manual management often required
Setup
Install MFI Higher Time Frame mk by copying the indicator file into your MT4 Indicators folder and restarting the platform. Attach the indicator to the chart you will trade and set the higher timeframe parameter, for example D1 or H4, and choose the execution timeframe such as H1. Configure MFI length, smoothing, and alert settings based on your backtest preferences. Use brokers with reliable tick data and low spreads for forex and crypto CFDs.
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MFI Higher Time Frame mk or Scalperology AI?
| MFI Higher Time Frame mk | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($39.99) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | DMITRII GRIDASOV | FxRobotEasy |
MFI Higher Time Frame mk — questions
What is MFI Higher Time Frame mk?
MFI Higher Time Frame mk is a MetaTrader 4 indicator published on the MQL5 Market by DMITRII GRIDASOV, priced at $39.99 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
What strategy does MFI Higher Time Frame mk use?
The underlying algorithm measures typical price, volume proxies available in MT4, and applies smoothing and threshold logic to classify overbought and oversold conditions above 80 and below 20. MFI Higher Time Frame mk then optionally triggers visual or alert-based confirmations when price action patterns align on the lower timeframe. The developer DMITRII GRIDASOV coded the indicator to be deterministic: each signal has a clearly defined entry bias and confirmation rule, which helps traders backtest with reproducible results.
Does MFI Higher Time Frame mk work on MT4 or MT5?
MFI Higher Time Frame mk runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does MFI Higher Time Frame mk cost?
MFI Higher Time Frame mk is a paid product listed at $39.99 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-30. It is sold and downloaded through the developer's (DMITRII GRIDASOV) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for MFI Higher Time Frame mk?
FxRobotEasy has not traded MFI Higher Time Frame mk on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for MFI Higher Time Frame mk elsewhere comes from its developer or from a third party.
How is MFI Higher Time Frame mk installed and set up?
Install MFI Higher Time Frame mk by copying the indicator file into your MT4 Indicators folder and restarting the platform. Attach the indicator to the chart you will trade and set the higher timeframe parameter, for example D1 or H4, and choose the execution timeframe such as H1. Configure MFI length, smoothing, and alert settings based on your backtest preferences. Use brokers with reliable tick data and low spreads for forex and crypto CFDs. Test using a demo account for at least three months and perform forward testing on a small live account before increasing allocation.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.