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I think the MFI measures how efficiently market is moving relative to volume. I think it's a Bill William's (chaos guy) thing. He looks for 'short' price bars on relatively high volume as indication of possible turning point (squats). I think the formula is pip range divided by volume.
No Prob! In case anyone wants his book it in the Doc section. I found his way at dealing with the markets very profitable! I will post his second book " New trading dimensions" after this post in the Doc section. Happy Trading and learning all!
update....Forget it!!!!!!!! I already have it... DUH!!!!! lol!
Linear Mode
