The Money Flow Index (MFI) shows the intensity with which money is invested or withdrawn from security. In other words, MFI is a tool to measure the speed of price movement based on the volume of trades. To do this, "positive cash flows" and "negative cash flows" and their ratios are compared.
View of the indicator on the chart:
To add and customize this indicator, you need to open the Indicator Settings Window.
Panel - the choice of the indicator location on the chart:
- New panel
Show zero values - display zero values.
Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum value of the indicator, so that the indicator would fit on the chart.
Color - color choice.
Visual type - visual setting of the indicator display on the graph:
- Up arrow
- Down arrow
- Axis label
Line style - setting up the type of line display:
- Dash - dot
- Dash - dot - dot
Width - setting the thickness of the indicator line.
Overbought - input overbought value.
Period - input a period value.
Oversold- input oversold value.
Show description of indicator - turns on/disables the signatures of the indicator.
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