AFL Winner Indicator
Momentum oscillator ported from AmiBroker AFL · Green/red signal bars · Free · MT4
About AFL Winner Indicator
The AFL Winner Indicator, documented at best-metatrader-indicators.com, dolphintrader.com, and forexmt4indicators.com, was originally developed using the AmiBroker Formula Language (AFL) and ported for MetaTrader 4. It's designed to objectively identify the direction of short-term momentum, price swings, and potential mean reversals from overbought or oversold market conditions.
The indicator functions as an oscillator, plotting bars that oscillate within a 0-100 range — lime/green bars indicate bullish momentum (a buying opportunity), while red bars indicate bearish momentum (selling conditions). It removes guesswork from technical analysis, letting traders spot market direction at a glance, and works across different timeframes and pairs.
- Platform: MetaTrader 4
- Origin: Ported from AmiBroker Formula Language (AFL)
- Type: Momentum oscillator (0-100 range)
- Signals: Green/lime bars = bullish, red bars = bearish
- Compatibility: Any timeframe, any pair
- Price: Free
- Source: best-metatrader-indicators.com · AFL Winner Indicator MT4