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
The Lowest Low-Value indicator plots the lowest low price over a specific period. Previously on my another video called “Highest High Value Indicator (HHV)” I explained how we can combine HHV with MA. (Link is provided below) On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to […]
