fx_cyborg Posted January 29, 2009 Report Posted January 29, 2009 Re: MFI Indicators IMHO: J. Welles Wilder Money Flow Index (MFI) Indicators cannot work in Forex Spot Market, because MFI is RSI with a Volume Calculation in those formula. As We know Forex Spot Market doesn't represent Volume well. Thats why some veteran traders use Volatility Indicators as a subtitute Volume (such Bollinger Bands, Standard Deviation, etc) Just FYI : Volume is not an indicator ! Volume is a Statistic. Regards Quote " I ' LL BE BACK "
sonny Posted January 30, 2009 Report Posted January 30, 2009 Re: EA GBPUSD But an EMA of Volume is an indikator ;) Quote
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