Compact mode

Money Flow Index (MFI)

Known for Volume And Price Movements

Table of content

General Information
Characteristics
Facts

Application
Technical Details
Usage
Evaluation
Performance Metrics
Alternatives
FAQ

General Information

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Volume

Money Flow 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

Stocks

The asset classes Money Flow Index (MFI) is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Commodities

The asset classes Money Flow 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

1980S

Money Flow Index (MFI) was developed in 1980S. Trading indicators developed during a decade of economic growth and technological advancement Click to see all.

Characteristics

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Leading

Money Flow Index (MFI) is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Intermediate

The complexity level of Money Flow Index (MFI) is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Medium

The popularity of Money Flow Index (MFI) among traders is considered Medium. Indicators with balanced adoption and potential effectiveness

Facts

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Often called the volume-weighted RSI
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

It's like a financial breathalyzer - measures how intoxicated buyers are

Application

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Daily

Money Flow Index (MFI) is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Weekly

Money Flow Index (MFI) is most effective for Weekly timeframes. Indicators optimized for weekly chart analysis, balancing short-term noise and long-term trends.

Technical Details

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Oscillators

Money Flow Index (MFI) uses the Oscillators calculation method. Indicators that oscillate between fixed values to show overbought or oversold conditions. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Thresholds

Money Flow Index (MFI) generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met

Divergences

Money Flow Index (MFI) generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Period

Money Flow Index (MFI) offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Thresholds

Money Flow Index (MFI) offers customization options for Thresholds. Customizable thresholds for signal generation Click to see all.

Usage

For whom 👥

The target audience or user group for the trading indicator

Volume Traders

Money Flow Index (MFI) is designed for Volume Traders. Analyzes trading volume in relation to price movements, ideal for volume-based strategies Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Volume-Weighted RSI

Money Flow Index (MFI) is primarily used for Volume-Weighted RSI.

Evaluation

Pros 👍

Advantages of using the trading indicator

Incorporates Volume

Uses trading volume data to provide deeper market insights

Useful For Divergence Trading
Cons 👎

Disadvantages or limitations of the trading indicator

Can Be Less Effective In Low Volume Environments

Performance Metrics

Reliability Score 💯

A score indicating the overall reliability of the trading indicator

7.5

The reliability score of Money Flow Index (MFI) is 7.5 out of 10. Click to see all.
Ease of Use Score 💻

A score representing how user-friendly and intuitive the trading indicator is

7

The ease of use score for Money Flow Index (MFI) is 7 out of 10. Click to see all.
Versatility Score 🔀

A score indicating the adaptability of the trading indicator across different markets and timeframes

7.5

The versatility score of Money Flow Index (MFI) is 7.5 out of 10. Click to see all.
Customization Score 🔧

A score representing the degree of customization available for the trading indicator

7

The customization score for Money Flow Index (MFI) is 7 out of 10.
Score ⭐

The overall score of the trading indicator based on various performance metrics

7.3

The overall score of Money Flow Index (MFI) is 7.3 out of 10. Click to see all.

Alternatives to Money Flow Index (MFI)

Chande Momentum Oscillator (CMO)

Known for Momentum Measurement

Volume Oscillator

Known for Volume Divergence

🔀 is more versatile than Money Flow Index (MFI)

⭐ is rated higher overall than Money Flow Index (MFI)

Commodity Channel Index (CCI)

Known for Identifying Cyclical Trends

💻 is easier to use than Money Flow Index (MFI)

🔀 is more versatile than Money Flow Index (MFI)

⭐ is rated higher overall than Money Flow Index (MFI)

Chaikin Money Flow Oscillator

Known for Measuring Buying/Selling Pressure

Aroon Up And Down

Known for Identifying Potential Trend Changes

💻 is easier to use than Money Flow Index (MFI)

Elder-Ray Index

Known for Combining Trend And Momentum

🔀 is more versatile than Money Flow Index (MFI)

🔧 is more customizable than Money Flow Index (MFI)

⭐ is rated higher overall than Money Flow Index (MFI)

Accumulation/Distribution Line (A/D)

Known for Volume-Based Price Trends

💻 is easier to use than Money Flow Index (MFI)

Known for Combining Price Changes With Volume

Average Directional Index (ADX)

Known for Trend Strength Without Direction

💯 is more reliable than Money Flow Index (MFI)

⭐ is rated higher overall than Money Flow Index (MFI)

Chaikin Oscillator

Known for Accumulation/Distribution Trends

💯 is more reliable than Money Flow Index (MFI)

💻 is easier to use than Money Flow Index (MFI)

🔧 is more customizable than Money Flow Index (MFI)

⭐ is rated higher overall than Money Flow Index (MFI)

FAQ about Money Flow Index (MFI)