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Re Money Flow Index.
I already posted a reply to this (possibly on another group). You need volume for Money Flow Index
to work. Use MFI with an index that has volume.
Kind regards
Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links
----- Original Message -----
From: <uhehs@xxxxxxxx>
To: <Metastockusers@xxxxxxxxxxxxxxx>
Sent: Sunday, September 26, 2004 11:29 AM
Subject: [Metastockusers] Money Flow Index
>I found a group of indicators that work well for equities;
>
> One of them is the Money Flow Index.
>
>
>
> Now, when plotting the same for indexes like the DOW and NASDAQ, I get a
> continuous plot of "100".
>
>
>
> Someone please shed some light on this and how I may be able plot MFI for
> these indexes.
>
>
>
>
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