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Moving Averages
ZigZag
Williams %R
Vertical Horizontal Filter (VHF)
VWAP (Volume Weighted Average Price)
Price Relative
Price Rate of Change (ROC)
Moving Average Cross
STARC Bands
Anchored VWAP (Volume-Weighted Average Price)
Median Price
Lowest Low Value
Elder Impulse System
Donchian Width
Donchian Channel
Shinohara Intensity Ratio
Stochastic Momentum Index (SMI)
Stochastics
Supertrend
Schaff Trend Cycle
RSI (Relative Strength Index)
Relative Vigor Index (RVI)
Random Walk Index
Rainbow Oscillator
Psychological Line
QStick
Rainbow Moving Average
Pring's Know Sure Thing (KST)
Prime Number Oscillator
Pring's Special K
Prime Number Bands
Projected Aggregate Volume (PAV)
RAVI (Range Action Verification Index)
Volume Oscillator
Price Momentum Oscillator (PMO)
Price Oscillator (PPO)
Pivot Points
Pretty Good Oscillator (PGO)
Parabolic SAR (Stop and Reverse)
Moving Average Deviation
Moving Average Envelope
MACD (Moving Average Convergence Divergence)
Time Series Forecast
Money Flow Index (MFI)
Mass Index
Linear Reg Intercept
Linear Reg Slope
Linear Reg R2
Klinger Volume Oscillator
Keltner Channel
Linear Reg Forecast
Intraday Momentum Index
High Minus Low
Ichimoku Cloud
Guppy Multiple Moving Average
High Low Bands
Fractal Chaos Bands
Gopalakrishnan Range Index (GaP)
Elder Ray Index
GoNoGo - Trend
Fractal Chaos Oscillator
Elder Force Index
Ehler Fisher Transform
Darvas Box
Disparity Index
Detrended Price Oscillator (DPO)
Coppock Curve
Beta
Ease of Movement (EoM)
Performance Index
Correlation Coefficient
Choppiness Index
Chande Momentum Oscillator
Center Of Gravity
Chaikin Money Flow
Chande Forecast Oscillator
Commodity Channel Index (CCI)
Chaikin Volatility
Bollinger Bandwidth
Bollinger %b
Bollinger Bands
Balance of Power
Average True Range (ATR)
Awesome Oscillator
Aroon
ATR Trailing Stops
ATR Bands
Aroon Oscillator
ADX/DMS
Alligator
Accumulation/Distribution
Weighted Close
Vortex Indicator
Volume Underlay
Volume Rate Of Change
Volume Profile
Volume Chart
Valuation Lines
Ultimate Oscillator
Ulcer Index
Typical Price
Twiggs Money Flow
True Range
TRIX
Trend Intensity Index
Trade Volume Index
Swing Index
Strategy Profit Line
Standard Deviation
Projected Volume At Time
Price Volume Trend
Positive Volume Index
On Balance Volume
Negative Volume Index
Multiday VWAP
Momentum Indicator
Historical Volatility
Highest High Value
Accumulative Swing Index
Gator Oscillator
Market Facilitation Index

    Moving Averages
    ZigZag
    Williams %R
    Vertical Horizontal Filter (VHF)
    VWAP (Volume Weighted Average Price)
    Price Relative
    Price Rate of Change (ROC)
    Moving Average Cross
    STARC Bands
    Anchored VWAP (Volume-Weighted Average Price)
    Median Price
    Lowest Low Value
    Elder Impulse System
    Donchian Width
    Donchian Channel
    Shinohara Intensity Ratio
    Stochastic Momentum Index (SMI)
    Stochastics
    Supertrend
    Schaff Trend Cycle
    RSI (Relative Strength Index)
    Relative Vigor Index (RVI)
    Random Walk Index
    Rainbow Oscillator
    Psychological Line
    QStick
    Rainbow Moving Average
    Pring's Know Sure Thing (KST)
    Prime Number Oscillator
    Pring's Special K
    Prime Number Bands
    Projected Aggregate Volume (PAV)
    RAVI (Range Action Verification Index)
    Volume Oscillator
    Price Momentum Oscillator (PMO)
    Price Oscillator (PPO)
    Pivot Points
    Pretty Good Oscillator (PGO)
    Parabolic SAR (Stop and Reverse)
    Moving Average Deviation
    Moving Average Envelope
    MACD (Moving Average Convergence Divergence)
    Time Series Forecast
    Money Flow Index (MFI)
    Mass Index
    Linear Reg Intercept
    Linear Reg Slope
    Linear Reg R2
    Klinger Volume Oscillator
    Keltner Channel
    Linear Reg Forecast
    Intraday Momentum Index
    High Minus Low
    Ichimoku Cloud
    Guppy Multiple Moving Average
    High Low Bands
    Fractal Chaos Bands
    Gopalakrishnan Range Index (GaP)
    Elder Ray Index
    GoNoGo - Trend
    Fractal Chaos Oscillator
    Elder Force Index
    Ehler Fisher Transform
    Darvas Box
    Disparity Index
    Detrended Price Oscillator (DPO)
    Coppock Curve
    Beta
    Ease of Movement (EoM)
    Performance Index
    Correlation Coefficient
    Choppiness Index
    Chande Momentum Oscillator
    Center Of Gravity
    Chaikin Money Flow
    Chande Forecast Oscillator
    Commodity Channel Index (CCI)
    Chaikin Volatility
    Bollinger Bandwidth
    Bollinger %b
    Bollinger Bands
    Balance of Power
    Average True Range (ATR)
    Awesome Oscillator
    Aroon
    ATR Trailing Stops
    ATR Bands
    Aroon Oscillator
    ADX/DMS
    Alligator
    Accumulation/Distribution
    Weighted Close
    Vortex Indicator
    Volume Underlay
    Volume Rate Of Change
    Volume Profile
    Volume Chart
    Valuation Lines
    Ultimate Oscillator
    Ulcer Index
    Typical Price
    Twiggs Money Flow
    True Range
    TRIX
    Trend Intensity Index
    Trade Volume Index
    Swing Index
    Strategy Profit Line
    Standard Deviation
    Projected Volume At Time
    Price Volume Trend
    Positive Volume Index
    On Balance Volume
    Negative Volume Index
    Multiday VWAP
    Momentum Indicator
    Historical Volatility
    Highest High Value
    Accumulative Swing Index
    Gator Oscillator
    Market Facilitation Index

    Market Facilitation Index

    Definition

    The Market Facilitation Index (MFI) is a histogram-based study that offers a unique perspective on how volume impacts price. Unlike many other indicators, MFI doesn't focus on direction but rather on the relationship between price range and volume. The index measures whether the volume is effective in driving the price movement. Through a color-coded histogram, the MFI categorizes market conditions into four states: Green, Fade (Brown), Fake (Blue), and Squat (Pink).

  • Green: MFI and volume both increased, signifying the directional momentum is increasing and the volume was able to move price.

  • Fade (Brown): MFI and volume both decreased, signifying momentum is decreasing.

  • Fake (Blue): MFI is increasing while volume is decreasing, signifying uncertainty about whether one-off speculators are driving the market or not.

  • Squat (Pink): MFI is decreasing while volume is increasing, signifying active competition between the bears and bulls in the market, and unclear price direction.

    • Suggested Trading Use

    You'll find the MFI especially useful for gauging the quality of price action in real-time. When the histogram is Green, it indicates that both volume and momentum are on the rise, a favorable condition for trend followers. A Brown bar signifies fading momentum, advising you to tread carefully. Blue suggests caution, as it indicates a mismatch between volume and price change, often seen as market uncertainty. Lastly, Pink indicates a struggle between buyers and sellers, and you may want to wait for a clearer direction to emerge.

    By paying close attention to these color codes, you can get a sense of the market’s underlying dynamics and adjust your strategies accordingly. MFI helps you understand how effectively the market is responding to volume, giving you an edge in crafting responsive and agile trading tactics.