Description

Platform

Availability for:

• NinjaTrader 7 platform: NOT PLANNED
• NinjaTrader 8 platform: AVAILABLE NOW

Overview

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 10 popular moving-average types)
• Allow painting the MFI plot with color gradient
• Trigger alerts on overbought/oversold entry
• Highlight background for overbought & oversold regions
• Be NinjaScipt ready for advanced usage, only restricted by your imagination
• Expose dedicated NinjaScipt signals

Alerts:

• Popup alert
• Sound alert (configurable rearm)
• Email alert (possibly configured as SMS alert)
• Message displayed in Alerts Log window

NinjaScript readiness:

• Can be used in Market Analyzer
• Can be used in Strategy Builder
• Can be used in BloodHound
• Can be used in 3rd-party indicators, strategies, products
• Professional & clean signature for easy calling

Dedicated NinjaScipt signals:

• Signal_State: 1 = overbought, -1 = oversold, 0 = middle

Compatibility:

• Instruments: CFDs, forex, futures, indices, options, stocks
• Interval types: timebased or non-timebased, standard or custom
• Chart styles: whatever

Usability:

• Ready to use out of the box
• Fully configurable & customizable with ease

Media

Installation

Please read Installation Guide for details.

Support

FREE support for life! Feel free to ask us anything, anytime.
In NinjaTrader 8 platform, you even have access to our PRIORITY SUPPORT directly from chart.
Please read Customer Service for details.

Upgrade

All upgrades for NinjaTrader 7 and NinjaTrader 8 are FREE to request.
A one-time low fee may be required for an upgrade from NinjaTrader 7 to NinjaTrader 8.
Please read Upgrade Policy for details.

Terms

ALL SALES ARE FINAL & NON-REFUNDABLE!
Upon purchasing this indicator, you agree to be bound by Terms of Service.