mfi
Money Flow Index (MFI) is a momentum oscillator that incorporates both price and volume data to measure buying and selling pressure. It ranges from 0 to 100, with values above 80 indicating overbought conditions and below 20 indicating oversold conditions.
mfi (tick)
Money Flow Index (MFI) is a momentum oscillator that incorporates both price and volume data to measure buying and selling pressure. It ranges from 0 to 100, with values above 80 indicating overbought conditions and below 20 indicating oversold conditions.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 14 | The number of minutes to calculate the MFI |
SQL example
TICK mfi WITH minutes=14 > 80 THEN order SET size=100, price=51.00, transmit=truemacdHistogram
MACD Histogram is the difference between the MACD line and the signal line. It helps identify momentum and potential trend reversals, with positive values indicating increasing momentum and negative values indicating decreasing momentum.
obv
On-Balance Volume (OBV) is a momentum indicator that uses volume flow to predict changes in price. It adds volume on up days and subtracts volume on down days, helping identify whether volume is flowing into or out of a security. Divergences between OBV and price can signal potential trend reversals.