Monday 30 November 2020

Money Flow Index (MFI)


MFI is a momentum indicator.
It measures the flow of money.
Money Flow Indicator incorporates volume. (Remember that RSI only consider the price)
You can change the preset values.
Oversold levels normally set to 20. ( Less than 20, there will be fewer signals and more than 20 you will get more false signals )
Overbought levels happen above 80. ( More than 80, there will be fewer signals and less than 80 you will get more false signals )

Divergences are also important which I will cover in another video.

Sunday 22 November 2020

Momentum Indicator


We have different momentum indicators: MACD, RSI, Stochastics Role of thumb: New high in momentum ▶ expect a high in price New low in momentum ▶ expect a low in price Diversion: new higher high in price but lower high in indicator ▶ expect a strong retrace in price

Sunday 15 November 2020

Sunday 8 November 2020

Mass Index Indicator

Mass index indicator
Type: Trend reversal indicator
Settings: Period 25 
Signal line 27
$gold $EURUSD $SILVER $BTC $XRP 


https://youtu.be/r0wDpI5Hw8Y