Superior MFI
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Product Description
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Superior MFI (Money Flow Index) is a classic indicator remade by ninZa.co. MFI represents the volume-weighted adaptation of the more widely used RSI. While RSI tracks market momentum through the speed and change in price movements, MFI more carefully watches buying and selling pressure based on trading volume fluctuations. MFI is less of a traditional oscillator, and its underlying formula is largely based on volume. Based upon the theory that volume precedes price, MFI acts as a more ambitious leading indicator than RSI. MFI (as a stronger leading indicator) is best suited to spot reversals. Divergences are more serious with MFI, which introduces volume to magnify the difference between trend strength and price perception.
Dedicated NinjaScript Signals
- Signal_State: 1 = overbought, -1 = oversold, 0 = middle
Compatibility
- Instruments: futures, stocks, indices
- Interval types: timebased or non-timebased, standard or custom
- Chart styles: whatever
Key Features
- Plot the traditional MFI
- Allow smoothing the MFI (with 11 popular moving averages)
- Allow painting the MFI plot with color gradient
- Highlight overbought & oversold regions
- Trigger alerts on overbought/oversold entry
- Be NinjaScript ready for advanced usage, only restricted by your imagination
- Expose dedicated NinjaScript signals
Usability
Ready to use out of the box
Fully configurable & customizable with ease
45 Days ninZaExchange
If you are not satisfied with an indicator you’ve bought, you may request us to replace it with another indicator of the comparable price for you.
Software Changelog
Jun 10, 2024
The "Brush series exceeds the maximum number (65535) of unique brushes" error was fixed.
May 24, 2021
Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, chart info, property naming/positioning/grouping).
Jun 22, 2019
The indicator was released (build new).
Product Media
How to Install?
Step by step guide on how to install the indicators
From Happy Customers
By: M.
Indicators Improved My Charts. Hannah's Help And Great Customer Service. Will Buy Again.
I have been using the ninZa.co indicators for several months now and am very happy with what a valuable addition they have been to my charts. I recently decided to add one of the recently released indicators from ninZa.co. But after using for a few days, it wasn’t quite what I had been looking for. I contacted ninZa.co and had the pleasure of working with Hannah for an exchange to a different one of the many available indicators. At the time, the indicator I wanted to purchase to replace the one I had recently bought was on sale. Hannah put through an exchange and without my having to ask, gave me the advantage of the sale price. She also included a pdf that provided education about the indicator I chose to switch to. Any time I have had contact with one of the associates from ninZa.co, I have received excellent customer service, and will not hesitate to purchase from them again.
By: Bartosz
Grace Goes Above And Beyond: A Customer Support Experience That Exceeds Expectations!
Thank You, Grace! Your support is extraordinary I wish all companies have such great support. Keep going I’m 200% satisfied.
By: Kari L.
ConnorsRSI Pro With Grace's Outstanding Customer Service
Thank you very much for your excellent customer service, Grace! You are doing an excellent job making customers' lives much easier.
By: T.
An Exemplary Customer Experience At NinZa.Co: Unveiling The Power Of Cumulative Delta
I'm a new customer with ninZa.co and i was needing help today in making a purchase. I made a request on your chat platform and Hannah came to my rescue. She helped me find the what I needed and even offered me a discount. Everything went very smoothly from that point. I made the purchase and she even provided me some documentation on the indicator. I am very pleased with her assistance. Thanks again Hannah for your excellent customer service !!
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Because software products may be copied and stored easily, we will NOT issue refunds of any kind. ALL SALES ARE FINAL & NON-REFUNDABLE!
Futures, foreign currency, and options trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one's financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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