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Market Facilitation Index

Market Facilitation Index (MFI) is an indicator that assesses the market's readiness to move the price. It analyzes the ratio of price changes to volume changes over a certain period of time to measure the market's response to volume changes. It calculates MFI using the formula (High � Low) / Volume, providing an understanding of market dynamics. The absolute values of the indicator cannot provide any trading signals, unlike its dynamics relative to the volume dynamics.

To use the indicator, the MarketFacilitationIndex class should be used.

IndicatorMarketFacilitationIndex

See Also

Mean Deviation