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MFI

What is the Money Flow Index (MFI)?​

The Money Flow Index (MFI) is a technical oscillator that uses price and volume data to identify overbought or oversold conditions in a financial asset. It's similar to the Relative Strength Index (RSI) but with the added dimension of volume to gauge buying and selling pressure. The MFI ranges from 0 to 100, and like the RSI, levels above 80 typically indicate overbought conditions, while levels below 20 indicate oversold conditions.

ADD MFI INDICATOR​

MFI IMPORT
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Search Money Flow Index in indicators

SET SOURCES & RANGES​

MFI IMPORT
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Use top and bottom levels according to criteria.

RESULT​

MFI Chart
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Example Backtest Chart