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 ) […]
We have different momentum indicators: MACD, RSI, Stochastics Role of thumb: A new high in momentum ▶ expect a high in price A 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 Momentum Indicator
Median Price is a very simple indicator which plots mid-point range for each period. https://youtu.be/lrO3HmVK73Y
Type: Trend reversal indicator Settings: Period 25 Signal line 27
https://youtu.be/U-PAdkI3kAg On this video I explain: What are the components of MACD? MACD settings. Basic MACD signals Divergence Over-bought and Over-sold #EURUSD #FOREX #OIL #TECHNICAL
