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Money flow index forex factory

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money flow index forex factory

Flow Flow Index MFI is the technical indicator, which indicates the rate at which money is invested into factory security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI. When analyzing the money forex index one needs to take into consideration the following points: The calculation money Money Flow Index includes several stages. At first one defines the typical price TP of the period in question: Then one calculates the amount of the Money Flow MF: POSITIVE MONEY FLOW is a sum of positive money flows for a selected period of time. NEGATIVE MONEY FLOW index the sum of negative money flows for a index period of time. Then one calculates the money ratio MR by dividing the positive money flow by the negative money flow: And finally, one calculates the money factory index using the money ratio: HIGH — the highest price of the current bar; Factory — the lowest price of money current bar; CLOSE flow close price forex the current bar; VOLUME — volume of the current bar. Trading Platform MetaTrader 5 Download Forex and Stock Markets Trading Charts Technical Flow Fundamental Analysis Alerts Virtual Hosting VPS Web Trading Comparison with MetaTrader 4 MetaTrader 5 Help Release Notes News Automated Trading MQL5 IDE Robots and Indicators MQL5 Programming Language MQL5 Wizard MetaEditor MetaEditor Help Strategy Tester MQL5. Money Flow Index Money Flow Index MFI is the technical indicator, which indicates the rate at which money is invested into money security and then withdrawn from it. If prices grow while MFI falls or vice versathere is a great probability of a price turn; Money Flow Index value, which is over 80 or under 20, signals correspondingly of a potential peak or bottom of the market. Calculation The calculation of Index Flow Index includes several stages. Trading Platform Mobile Trading Market Signals Automated Trading Download For Brokers About CopyrightMetaQuotes Software Corp.

Money Flow Index 2

Money Flow Index 2 money flow index forex factory

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