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Money Flow Index
MoneyFlowIndex(Periods)
MFI(Periods)
Overview
The Money Flow Index measures money flow of a security, using volume and price for calculations.
Interpretation
Market bottoms may be identified by values below 20 and tops may be identified by values above 80. Divergence of price and Money Flow Index may be watched.
Recommended Parameters
Periods: 15
Example
set BUY =MFI(15) < 20