What is MFI indicator?

The MFI indicator is an oscillator that uses both price and volume to measure buying and selling pressure. Thousands of forex traders are using this special indicator in their metatrader terminal. By using MFI metatrader indicator you will be able to unleash your trading expertise in a significant level. Surely this will add an extra ease for your successful trading. Our users get brief description of the indicator from our website.

MFI indicator for metatrader

MFI indicator is specially built for metatrader forex platform. It is very easy to use. Developers made it in a very user friendly way. Traders from any experience level can use it easily, download the indicator, install it and use it. If you want to explore deeply and want to understand how it works you can go through the articles below. But again those are for expert curious traders but normally just download MFI indicator and use it without digging these articles.

MFI indicator used to determine the conviction in a current trend by analyzing the price and volume of a given security. The MFI is used as a measure of the strength of money going in and out of a security and can be used to predict a trend reversal. The MFI is range-bound between 0 and 100 and is interpreted in a similar fashion as the RSI.

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By: Updated: September 26, 2013