Is Money Flow Index (MFI) the Ultimate Trading Secret For Traders?
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- Опубликовано: 30 май 2024
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What makes the MFI truly unconventional? It goes beyond the norm by factoring in both volume and price in its analytical framework. This dual perspective allows the MFI to gauge the flow of capital in and out of the market, hence earning its distinctive name, the Money Flow Index.
Don't miss out on potential market insights - watch the video now and let the Money Flow Index lead you to new trading horizons!
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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.
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Hey, what FX Trading platform do you use
Hello! There are various trading platforms. We invite you to learn more about this topic inside the academy. You can join for 7 days free trial now through this link: howtotrade.com/
Fantastic 😮🫶❤
Nice one sir.. Should we use it with other indicator to filter false singles?
Thanks, Rauox, glad you like the video! It is up to you to combine it with another indicator; however, I recommend incorporating multiple indicators to confirm the validity of a signal. One of the best things about oscillators is that they work well with nearly anything; pivot points, fibonaccis, you name it 😀
Do you think that is better than RSI for the Forex market?
Use combined in same window with RSI only 50 level buy above 50 sell bellow 50 level simply
Hey A.O., thanks for reaching out! In my view, both the RSI and MFI are solid indicators when traded in a disciplined fashion. However, on over-the-counter markets such as the forex, volume data can be unreliable. In markets where volume figures are ambiguous, it may be better to fall back on the RSI as opposed to the MFI. But, both are good and the choice is yours!
@@ForexSignalsTV thanks!
Look at that tv 😮
Thanks for noticing Mystiqa! It's a 55-inch Dell touch screen....just connect it to your trading terminal and off you go! A great tool for watching price action as it develops. Thanks again for watching!
😊😊😊
Hello Worldwide, thanks for watching! The MFI is a fascinating oscillator as it takes both volume and price action into account. If you have any questions on the MFI, or really anything trading-related, be sure to reach out. 🤑🤑🤑
One minor thing if traders understand it trading probldm will b solve
Thanks for watching Wasim!
@@ForexSignalsTV you are welcome sir
I just figured out yesterday that most rich crypto holders invest with professional crypto traders to learn new strategies and earn huge amount of money. How true is this
Hey Heru! Not sure how true that is, be sure to investigate the topic further for clarity. Thanks again for watching!