Volume indicators

MFI: Money Flow Index

A volume-weighted RSI: from 0 to 100, it shows whether money has been flowing into or out of the market.

सरल शब्दों में विचार

RSI looks only at price changes. MFI also counts how much was traded, so a rise on heavy activity counts more than a rise on light activity.

गणना कैसे होती है

Typical price times volume is the "money flow". Flows on rising candles and falling candles are summed over 14 candles and compared.

Typical price TP = (high + low + close) ÷ 3,  flow = TP × volume
Positive flow = sum of flows where TP rose; negative flow = where TP fell
MFI = 100 − 100 ÷ (1 + positive ÷ negative)

इसका उपयोग कैसे करें

Above 80: heavy buying, possibly overextended; below 20: heavy selling.
Divergences with the price are its most respected signal.

निष्कर्ष निकालना

Like RSI, MFI can stay high in strong trends.

उदाहरण

Silver makes a new high but MFI peaks at 68, below its previous 85: the new high came with less money behind it.

उदाहरणों में कीमतें केवल समझाने के लिए हैं।

इन बातों का ध्यान रखें

On currencies, metals and CFDs there is no central exchange volume. The chart uses "tick volume", the number of price changes in each candle, which follows real activity closely but is not the number of contracts traded.

थोड़ा इतिहास

Created by Gene Quong and Avrum Soudack.

केवल शैक्षिक सामग्री। कोई इंडिकेटर या पैटर्न भविष्य की भविष्यवाणी नहीं करता, और यहाँ कुछ भी निवेश सलाह नहीं है।