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Money Flow Index Signals

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This indicator in daily, weekly and monthly charts can be used to find strong Support, Resistance levels and reversal points. It can be used in lower time frame to find reversal points. When MFI reached 100 either in downside or upside in a candle, if the high is broken take it as a bullish breakout. If MFI is 0 or -0 and the low of the candle is broken take it as a downside breakout.

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