Money Flow Index (MFI) is a low-profile, yet important, technical analysis tool used to generate overbought or oversold signals. Just like with other oscillators, analysts place the MFI indicator between two extreme values from 0 to 100 and use 90 and 10 levels to identify overbought or oversold conditions, respectively.
In the family of oscillators, such as RSI, ROC or stochastic oscillator, MFI (Money Flow Index) is a low-profile, yet…
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