Volume Indicators
Money Flow Index presets, which weigh price moves by the volume behind them to confirm a move or to expose one that volume does not support.
3 conditions of this category are available in the strategy builder and to the agent. Each one lists the operators it accepts and what it can be compared with. How conditions work is explained in Indicators and conditions.
Money Flow Index (7)
Fast MFI over 7 periods. Best for: Scalping overbought/oversold with volume confirmation. Guide: MFI(7) > 80 scalping overbought with volume, MFI(7) < 20 scalping oversold.
- Operators: Greater Than, Less Than, Greater or Equal, Less or Equal, Not Equal, Cross Above, Cross Below
- Compare with: a number, Money Flow Index (14), Money Flow Index (21), Money Flow Index (28), Relative Strength Index (14), Relative Strength Index (7), Stochastic %K (5, 3, 0, 3, 0), Volume, Close Price, Exponential Moving Average (20), Exponential Moving Average (9)
- Range: 0 to 100
- Typical levels: overbought 80, oversold 20
- Examples:
MFI(7) > 80: Scalping overbought with volume;MFI(7) < 20: Scalping oversold
Money Flow Index (21)
Swing MFI over 21 periods. Best for: Swing overbought/oversold with smoother readings. Guide: MFI(21) > 80 swing overbought, MFI(21) < 20 swing oversold.
- Operators: Greater Than, Less Than, Greater or Equal, Less or Equal, Not Equal, Cross Above, Cross Below
- Compare with: a number, Money Flow Index (14), Money Flow Index (7), Money Flow Index (28), Relative Strength Index (14), Relative Strength Index (21), Stochastic %K (5, 3, 0, 3, 0), Volume, Close Price, Exponential Moving Average (20), Exponential Moving Average (50)
- Range: 0 to 100
- Typical levels: overbought 80, oversold 20
- Examples:
MFI(21) > 80: Swing overbought (smoother);MFI(21) < 20: Swing oversold
Money Flow Index (28)
Slow MFI over 28 periods. Best for: Long-term overbought/oversold detection. Guide: MFI(28) > 80 long-term overbought, MFI(28) < 20 long-term oversold.
- Operators: Greater Than, Less Than, Greater or Equal, Less or Equal, Not Equal, Cross Above, Cross Below
- Compare with: a number, Money Flow Index (14), Money Flow Index (7), Money Flow Index (21), Relative Strength Index (14), Relative Strength Index (21), Volume, Close Price, Exponential Moving Average (20), Exponential Moving Average (50), Exponential Moving Average (100)
- Range: 0 to 100
- Typical levels: overbought 80, oversold 20
- Examples:
MFI(28) > 80: Long-term overbought;MFI(28) < 20: Long-term oversold
Still have a question?
Ask the agent in the app, or write to support in the chat at the bottom right.
