----- Original Message -----
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 -----
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
No virus found in this incoming message.
Checked by AVG Free
Edition.
Version: 7.5.503 / Virus Database: 269.16.13/1167 - Release
Date: 12/3/2007 12:20 PM