Money Flow Index
Indicator guide
The Money Flow Index (MFI) on FX Replay blends price and volume to help you detect overbought/oversold zones and potential trend reversals. It’s great for spotting hidden momentum shifts before price reacts.
Money Flow Index (MFI) – FX Replay Guide
The Money Flow Index (MFI) on FX Replay blends price and volume to help you detect overbought/oversold zones and potential trend reversals. It’s great for spotting hidden momentum shifts before price reacts.
How to Use MFI in FX Replay:
1. Overbought/Oversold Zones:
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Above 80: Market may be overbought – watch for pullbacks.
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Below 20: Market may be oversold – watch for rebounds.
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Use these zones to time entries or exits in your backtests. 2. Spot Divergences:
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Bearish: Price makes new highs, but MFI doesn’t → potential weakness.
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Bullish: Price makes new lows, but MFI rises → possible reversal.
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These divergences are powerful when paired with structure shifts or FVG zones. 3. Confirm Trends:
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If MFI rises while price trends up, it confirms strong buying pressure.
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If MFI falls during a downtrend, it supports bearish continuation.
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Use FX Replay’s replay mode to test how MFI confirms or contradicts trends. 4. Combine with Other Indicators:
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Try pairing MFI with RSI or Order Block tools.
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Use the position tool and set trades at confluence zones with MFI confirmation.
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Adjust your stop-loss and take-profit logic based on MFI signals.