Functions

talib.mfi()

Money Flow Index. The Money Flow Index (MFI) is a technical oscillator that uses price and volume for identifying overbought or oversold conditions in an asset.

Syntax

                talib.mfi(series float source, series int length) → series float

Arguments

source required series float Series of values to process.

length required series int Number of bars (length).

Return Type

series float

Example


          indicator("Money Flow Index (MFI)", overlay=false)
length = input(14, "MFI Length")
seres = input(close,"Series")
mfi = talib.mfi(seres, length)
plot(mfi, color=color.blue, title="MFI")
hline(80, "Overbought", color=color.red)
hline(20, "Oversold", color=color.green)