Forex encyclopedia

Money Flow Index (MFI) – is a technical indicator showing intensity of investments into security. In many respects this indicator is similar to the Relative Strenght Index, RSI. The only difference is that MFI also accounts for the volume (tick volume in Forex), whereas RSI does not. Also, in opinion of most part of analysts MFI is a more reliable indicator and can be a more universal figure for measuring strength of flows of money invested or deducted from a certain financial instrument.

Popular article: DeMarker Indicator

DeMarker Indicator is the technical indicator matching current High with the previous Highs. For the first time the indicator was published in the book by Thomas DeMark called "The New Science of Technical Analysis". Originally Mr. DeMark wondered if it is possible to create such a technical instrument that would have no drawbacks that feature the most part of popular indicators. In his book the author introduces indicator as overbought/oversold index with zones showing attenuation of price.

New in Encyclopedia

21.04.2025 New article added «The Fear and Greed Index»

19.07.2019 New article added «Trade»

15.05.2019 New article added «Forex spot trading»

15.05.2019 New article added «Forex trading secrets»

Picture of the day

Time Series Forecast

Forex encyclopedia

Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!

Your browser does not support JavaScript. If JavaScript is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable JavaScript.

FreshForex is a brand with a 20-year history, providing access to online trading for clients from 158 countries worldwide.
The company’s services are intended for adult users. If the use of these services violates local laws, you must immediately leave the website. The company does not provide services in the following countries.
Risk Warning: Trading financial instruments with leverage involves significant risks and may result in both profits and losses. Potential losses are limited to the amount of funds deposited. Before deciding to trade, clients should assess their risk tolerance, experience level, and knowledge.
We use cookies to improve your experience on our website.