The Money Flow Index (MFI) is a technical oscillator that uses price and volume data for identifying overbought or oversold signals in an asset. It can also be used to spot divergences which warn of a trend change in price. The oscillator moves between 0 and 100.
Oscillators work best in ranging markets because in trending markets they can show overbought or oversold conditions too soon
Two types of trend reversal signals.
cube signal and triangle signal.
But the main signal on the oscillator is the smart money signal (Bankers).
The secret part of this oscillator is the representation of the moment when institutional money enters the market. This is a sign when big players open their position.
Oscillators work best in ranging markets because in trending markets they can show overbought or oversold conditions too soon
Two types of trend reversal signals.
cube signal and triangle signal.
But the main signal on the oscillator is the smart money signal (Bankers).
The secret part of this oscillator is the representation of the moment when institutional money enters the market. This is a sign when big players open their position.