The Money Flow Index (MFI) is a technical indicator that uses both price and volume data to generate overbought and oversold indications. Overbought is defined as a value above 80, and oversold is defined as a reading below 20, though levels of 90 and 10 are frequently used as thresholds.
The MFI (as a more powerful leading tool) constantly departs from traditional price movement, making it the ideal instrument for detecting reversals and failed signals. The MFI adds volume to amplify the gap between trend strength and price perception, making divergences more important.
The MFI (money flow index) is comparable to the RSI but also takes volume into account. MFI is not as well-known as RSI, yet it performs equally as well, if not better, for short-term and swing trading.
The Money Flow Index (MFI) is a momentum indicator that monitors the inflow and outflow of funds into and out of an asset over a given time period. It is similar to the Relative Strength Index (RSI), except it also analyses volume rather than just price.
The average of the closing, low, and high prices is found and multiplied by the daily volume to compute money flow.
Learner's Ratings
4.5
Overall Rating
77%
6%
11%
0%
6%
Reviews
B
Biki Patel
5
Df
A
Anshuman
5
Yes,thies is very helpful
V
Vishal Meena
5
very nice
A
Ayan Mondal
5
Best technical Analysis course for beginners to pro
D
Digvijay Dattatray Pawale
5
Good
A
Amir Tufail
5
So it's mean that Trends are 3 types : i) Bullish (ii) Barresh (iii) Siteway
And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
B
Bhimani Nirbhay
5
good l
M
Mohd Abdullah
4
Nice
A
Akash Kumar
5
NA
B
Bhupendra Yadav
5
Sir Its Very Ausome Course And Your Tecnic Is Very For Teaching
Share a personalized message with your friends.