MFI(p)
Previous Topic  Next Topic 


Name

Comment

Name

Description

Parameter 1

Returns

Comment


Example

Interpretation


Money Flow Index

Index of the flöw of money in/out of a paper

Periods to look back

Dataseries with values 0-100

Reminds of RSI but also takes into account the volume. Indices such as Dow Jones have no volume and therefore no MFI.

MFI(14)

Tops above 80 commonly signal an upcoming reverse to a downtrend, and bottoms below 20 commonly  signal a reverse prior to an uptrend.

Tips for graphics


Placement

Scaling

Any

0-100