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Superior MFI

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Product Description

Are you a fan of Fibonacci, but don't have time to draw manually?
Check out our latest product, with a super cool offer! 

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.

Key features:

  • Plot the traditional MFI
  • Allow smoothing the MFI (with
    )
  • 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
Dedicated NinjaScript signals:
  • Signal_State: 1 = overbought, -1 = oversold, 0 = middle

Software Changelog

  • 10 Jun 2024 - The "Brush series exceeds the maximum number (65535) of unique brushes" error was fixed.
    • 24 May 2021 - Massive changes, fixes and improvements were made (DPI, display name, Z order, alert properties, chart info, property naming/positioning/grouping).
  • 22 Jun 2019 - The indicator was released (build new).

Product Media

These media materials may have been recorded/captured in favorable markets. Please review our acceptable marketing practices.

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From very happy customers... 500+ reviews →
  1. product_image Superior MFI $$
    5 5

    Horizontal Label & Quick Drawing

    "I love this Horizontal Label indicator that marks the price of every line I plot on the chart. No more guessing or clicking to see the exact price of my line. I also downloaded the Quick Drawing tool. LOVE THEM BOTH!"

  2. product_image Superior MFI $$
    5 5

    My preferred choice is Superior MACD

    To be honest, I like Superior MACD the best, also the Divergence Engine$ indicator is very good as it is flexible.

  3. product_image Superior MFI $$
    5 5

    Exceptional Customer Service: Robin Resolves Issue and Gets Indicator Running Quickly

    Robin was extremely helpful and fast at solving my issue and getting my indicator running.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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