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.

用通俗的话解释

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.

计算方法

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)

如何使用

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

得出结论

Like RSI, MFI can stay high in strong trends.

示例

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

示例中的价格仅作说明。

注意事项

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.

一点历史

Created by Gene Quong and Avrum Soudack.

仅供学习参考。没有任何指标或形态能预测未来，本页内容均不构成投资建议。