The Money Flow Index was developed by Laszlo Birinyi, Jr. as a real- time variation on the On-Balance Volume indicator. Instead of using each day as a reference point (as OBV does), MFI analyzes each trade. And instead of ignoring the price or the amount that the market is up or down, MFI weights each trade by price. Read full report: http://www.chartfilter.com/reports/c25.htm Complimentary Indicators: MACD, Moneyflow & CCI http://www.chartfilter.com/newsletter/newsletter14.htm Trend-Spotting: Taking a Longer Term Perspective http://www.chartfilter.com/newsletter/newsletter15.htm All Money Flow Index Articles: http://www.chartfilter.com/education/indicators/22.htm More technical analysis indicators: http://www.chartfilter.com/education/technicalanalysis.htm Subscribe to our monthly technical analysis educational newsletter, an excellent resource for traders. Sign up here: http://www.chartfilter.com/archivednewsletter.htm Need to learn more? See what our technical analysis education books have to offer! http://www.chartfilter.com/ebooks.htm StockTools and StockScreener: Technical and fundamental screens, charts, alerts, portfolio, signal reports and more: http://www.chartfilter.com/products.htm http://www.chartfilter.com Technical Analysis and Stock Tools
