What is The Money Flow Index and How To Read It?

GUARANTEED FUNDING FOR YOU TO START AS A PROFESSIONAL TRADER - 💪
Earn Guaranteed Funding With Earn2Trade By Passing The Test! 💰 Get Ready for The Gauntlet Mini™ challenge, our intraday futures trading exam, and receive a guaranteed job to work at our prop firm partner!
Do you accept the challenge? https://e2t.to/yt-mini-en

The Money Flow Index is an oscillator used by technical traders to identify overbought and oversold markets. The MFI is also applied to help spot divergences, trend reversals, and failure swings.

The indicator takes into account both price and volume information, which is what makes it different from the majority of other oscillators. Especially the Relative Strength Index, which incorporates just price data. Analysts refer to the MFI as a volume-weighted RSI.

0:00 Music Intro
0:13 Intro
1:23 Disclaimer
1:38 The Money Flow Index
3:00 What it measures
4:00 Uses of the MFI
5:05 Calculations
7:00 Reading the index
10:28 Divergence strategy
11:51 Failure swings
13:22 Compared to the RSI
14:44 Final Thoughts

Read more about it on our blog
YOUR CAREER AS A PROFESSIONAL TRADER STARTS HERE 👇
EDUCATION
➡Beginner Crash Course: https://www.earn2trade.com/beginner-cc
➡Bootcamp: https://www.earn2trade.com/bootcamp
GET FUNDED
➡Gauntlet Mini: https://e2t.to/yt-mini-en

Follow us on our social media accounts and be part of a great community of traders 😀💪
Instagram: https://instagram.com/earn2trade
Facebook: https://www.facebook.com/earn2trade/
Twitter: https://twitter.com/earn2trade

Видео What is The Money Flow Index and How To Read It? канала Earn2Trade