TrueMFI (Money Flow) Indicator

Showing if money is flowing in or out of the asset!

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What is the Truemfi indicator?

TrueMFI is an oscillator and gives you the true money flow. It is an improvement on the classic MFI indicator.

TrueMFI uses an improved calculation that gives a more smoothed and realistic value and is combined with an EMA. It also has a more clear visual presentation. Most of the noise of classic MFI is prevented and it becomes a trustworthy confirmation method for taking trades.

TrueMFI gives you: 

1) True money flow of the asset

2) Divergences between TrueMFI and price

 3) Four methods to show flags

4) Three flag filters

5) Two color modes

 

 

Please enter CoinGecko Free Api Key to get this plugin works.