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Money Flow Index Indicator

The Money Flow Index is a momentum indicator similar to Relative Strength Index (RSI) except for the fact that it takes volume into consideration as opposed to just price action.  A couple of signals can be derived from the MFI.  If a divergence is occuring between the price and the Money Flow Index, a price reversal may be imminent.  Like RSI, 80 or better is considered overbought and 20 is considered oversold.  Watch for tops or bottoms to occur within these ranges. This may be a sign that the trend is reversing.

See Also

Money Flow Index Developer Help