So it does. Will have to pay more attention.
Bill
----- Original Message -----
From: Tomasz Janeczko
To: [email protected]
Sent: Thursday, December 06, 2007 4:48 AM
Subject: Re: [amibroker] Market Facitation Index
BUT.... AmiBroker comes with Market Facilitation Index
It is available from Charts->Market Facilitation Index
(full formula included under "Formulas\Indicators")
Best regards,
Tomasz Janeczko
amibroker.com
----- Original Message -----
From: wavemechanic
To: [email protected]
Sent: Thursday, December 06, 2007 8:18 AM
Subject: Re: [amibroker] Market Facitation Index
Apples and oranges. AB's MFI() is not the market facilitation index but
rather a money flow index of which there are several versions. I assume that
the Acheles article that you read discussed the interpretation of these bars
(breakout, fake, fade, and squat) and their use with the other Williams
indicators (alligator, AO, and AC) so you should be all set.
Bill
----- Original Message -----
From: chic195a
To: [email protected]
Sent: Wednesday, December 05, 2007 1:14 PM
Subject: [amibroker] Market Facitation Index
Can someone explain what the color bars in market facitation index mean ?
There seems to be 3 colors Red, Green, Blue involved here. Does this indicator
need to used with candle sticks only?
I've read Technical Analysis by Achelis however Amibroker may treat the
info in a diferent fashion. Also can one change the color in the color bars.
I'm not familar with AFL and never changed any infor, technical indicators, or
formula's. So please explain so a novice could understand. Is there a site on
Amibroker that explains in depth what these and other specific indicators mean?
Thank you
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