Compact mode
Market Facilitation Index (MFI)
Known for Relationship Between Price Movement And Volume
Table of content
General Information
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.- VolumeMarket Facilitation Index (MFI) is a Volume type indicator. Indicators that analyze trading volume to confirm price movements
Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly used- StocksThe asset classes Market Facilitation Index (MFI) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Market Facilitation Index (MFI) is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Market Facilitation Index (MFI) is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Made In 🌍
The country or origin of the trading indicator- USAMarket Facilitation Index (MFI) was developed in USA. Trading indicators developed by American market analysts
Characteristics
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading community- LowThe popularity of Market Facilitation Index (MFI) among traders is considered Low. Indicators with lower adoption but potential unique insights
Facts
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicator- Developed by Bill Williams
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicator- It's like a traffic light for trades but sometimes all colors flash at once!
Application
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.- All TimeframesMarket Facilitation Index (MFI) is most effective for All Timeframes timeframes. Versatile indicators suitable for any trading timeframe, from short-term to long-term analysis.
Technical Details
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Signal Generation 📊
Describes the methods by which the indicator produces trading signals- Color ChangesMarket Facilitation Index (MFI) generates trading signals through Color Changes. Indicators using color shifts to visually represent changing market conditions
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicator
Usage
For whom 👥
The target audience or user group for the trading indicator- Professional TradersMarket Facilitation Index (MFI) is designed for Professional Traders. Offers advanced analysis tools, suitable for sophisticated trading strategies Click to see all.
- Volume AnalystsMarket Facilitation Index (MFI) is designed for Volume Analysts. Focuses on trading volume patterns and anomalies, crucial for volume-based analysis Click to see all.
Purpose 📈
The primary purpose or application of the trading indicator- Market Efficiency AnalysisMarket Facilitation Index (MFI) is primarily used for Market Efficiency Analysis. Indicators that evaluate market information processing speed Click to see all.
- Trade Volume BalanceMarket Facilitation Index (MFI) is primarily used for Trade Volume Balance.
Evaluation
Performance Metrics
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCustomization Score 🔧
A score representing the degree of customization available for the trading indicator- 7The customization score for Market Facilitation Index (MFI) is 7 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metrics
Alternatives to Market Facilitation Index (MFI)
Elder-Ray Index
Known for Combining Trend And Momentum
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is more customizable than Market Facilitation Index (MFI)
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is rated higher overall than Market Facilitation Index (MFI)
Klinger Oscillator
Known for Trend Reversals And Continuations
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is more customizable than Market Facilitation Index (MFI)
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is rated higher overall than Market Facilitation Index (MFI)
Know Sure Thing (KST)
Known for Trend Strength Measurement
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is more customizable than Market Facilitation Index (MFI)
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is rated higher overall than Market Facilitation Index (MFI)
Volume Oscillator
Known for Volume Divergence
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is easier to use than Market Facilitation Index (MFI)
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is rated higher overall than Market Facilitation Index (MFI)
Detrended Price Oscillator (DPO)
Known for Eliminating Long-Term Trends
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is more customizable than Market Facilitation Index (MFI)
Chande Momentum Oscillator (CMO)
Known for Momentum Measurement
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is easier to use than Market Facilitation Index (MFI)
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is rated higher overall than Market Facilitation Index (MFI)
Volume Profile
Known for Visualizing Trading Activity At Price Levels
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is more reliable than Market Facilitation Index (MFI)
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is more versatile than Market Facilitation Index (MFI)
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is more customizable than Market Facilitation Index (MFI)
⭐
is rated higher overall than Market Facilitation Index (MFI)
Choppiness Index
Known for Identifying Trending Vs Choppy Markets
💯
is more reliable than Market Facilitation Index (MFI)
💻
is easier to use than Market Facilitation Index (MFI)
🔀
is more versatile than Market Facilitation Index (MFI)
⭐
is rated higher overall than Market Facilitation Index (MFI)