MFI - Money Flow Index

MFI with Alerts: Indicator Overview

The MFI (Money Flow Index) with Alerts is a volume-weighted momentum oscillator used to measure the inflow and outflow of money into a financial asset over a specific period.

Often referred to as the "Volume-Weighted RSI," the MFI combines both price action and volume to identify buying and selling pressure, making it a highly reliable tool for spotting overextended markets and impending reversals.

Key Features

• Volume-Backed Momentum: Unlike standard oscillators that only look at price, the MFI incorporates volume to confirm the true strength behind a market move.
• Overbought/Oversold Detection: Standard thresholds are set at $80$ (overbought, suggesting a potential price drop) and $20$ (oversold, suggesting a potential price bounce).
• Divergence Identification: Easily spot hidden market weakness or strength when the price makes a new high/low but the MFI fails to confirm it.
• Real-Time Alerts: Stay ahead of the market without staring at screens. Get instant notifications (pop-ups, push alerts, or emails) when key levels are breached.

Customizable Alert Triggers

• Entering Extreme Zones: Triggered when the MFI line crosses above $80$ or below $20$, signaling that the market is overextended.
• Exiting Extreme Zones: Triggered when the MFI crosses back inside the $80$ or $20$ levels, often used as a confirmation signal for entries or exits.
• 50-Line Crossings: Triggered when the MFI crosses the midpoint ($50$), indicating a shift in control between bulls and bears.