Apply a Money Flow Index Study

The MFI Index is similar to the Relative Strength Index (RSI) indicator, measure on a 0 -100 scale generally over a 14-day period, except that it is volume weighted. This makes it a good measure of the strength of money flowing in and out of a security, and is used to help identify the strength or weakness of a trend.

To apply a Money Flow Index study

1. Create a realtime interactive chart.

2. On the Charts menu select Add Study.

3. From the list of study indicators, select Money Flow Index.

4. Select a contract (if your chart includes multiple contracts) and define the source, modify the default 14-day period if desired, and click OK.

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