The Money Flow Index (MFI) is a type of Technical Indicator. The Money Flow Index (MFI) is a momentum indicator and it can ranges from 0 to 100. The Money Flow Index (MFI) is designed to measure the inflow and outflow of money into a Instrument over a specific period of time. The Money Flow Index (MFI) can be used to identify reversals and price extremes. The Money Flow Index (MFI) was developed by Gene Quong and Avrum Soudack. |
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