What else could you want from this video? Amazing video, amazing explanation, thank you. Now to help me understand it, I’m gonna go ahead and plot the equations variables for equation visualization. 👌🏽
wow, you explain things with the coder in mind. I have been mql4 programming for years and fine tuning. You have explained the MFI better than anyone else. Thank you.
Wow, so both the Money Flow Index and the OBV use the whole volume (bullish & bearish combined) value for positive or negative movement based on the price action candles bias (whether bullish or bearish). The MFI multiplies that volume times the price when the candle was bullish or bearish to create the UP or DOWN money flow, the OBV subtracts or adds it depending on if it's bullish or bearish to the previous value. The A/D however, doesn't credit the whole (bullish & bearish combined) volume value, it seeks specificity and only takes a portion of that volume in order to narrow down on specific bullish or bearish volume. I'm a big fan of the Money Flow Index and I want to use it, but it seems like the calculation of the UP money flow and the DOWN money flow can capitalize on the specificity of the A/D multiplier calculations. Do you think this is a good idea? If so, is there something like this already out there? Should I make it? What are your thoughts?
What else could you want from this video? Amazing video, amazing explanation, thank you. Now to help me understand it, I’m gonna go ahead and plot the equations variables for equation visualization. 👌🏽
wow, you explain things with the coder in mind. I have been mql4 programming for years and fine tuning. You have explained the MFI better than anyone else. Thank you.
Wow, so both the Money Flow Index and the OBV use the whole volume (bullish & bearish combined) value for positive or negative movement based on the price action candles bias (whether bullish or bearish). The MFI multiplies that volume times the price when the candle was bullish or bearish to create the UP or DOWN money flow, the OBV subtracts or adds it depending on if it's bullish or bearish to the previous value. The A/D however, doesn't credit the whole (bullish & bearish combined) volume value, it seeks specificity and only takes a portion of that volume in order to narrow down on specific bullish or bearish volume. I'm a big fan of the Money Flow Index and I want to use it, but it seems like the calculation of the UP money flow and the DOWN money flow can capitalize on the specificity of the A/D multiplier calculations. Do you think this is a good idea? If so, is there something like this already out there? Should I make it? What are your thoughts?
Thanks, well explained and illustrated with helpful examples!
Glad it was helpful!
Thank you very much.
lovely...... wait for next episode 😍😍😍
Excellent video
TO THE POINT...GREAT VIDEO
Interesting. Wainting for the next video to see this in practice.
thanks for great content , happy to find this channel .
Clear and useful! Subscribed!
Intraday trade setup? OBV and OI
So if price is going up, rsi is going up but mfi is going down, how would you interpret that?