The Market Facilitation Index Calculation and the Indicator Signals it Provides

It's an understanding of how the Market Facilitation Index Indicator is calculated that will set apart those traders that can use it to their advantage, from those traders that can't.
The indicator can be used as a signal in some instances but more often as a filter to complement existing open and close signals.
This video takes you through the process step-by-step to help you interpret the information and intelligence it can provide to improve trading strategies.
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This is Episode 79 in the Darwinex 'Algo Trading for a Living' Playlist, and Episode 19 of the 'Volume Data' mini-series.
Video Contents:
00:00 Introduction
03:02 Purpose behind the Market Facilitation Index
03:25 Market Facilitation Index Calculation
03:53 Four Colours and States of MFI
04:43 Green State
06:06 The Fade State (Brown)
06:49 The Fake State (Blue)
07:35 The Squat State (Pink)
08:26 Summary
Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the presenter) are for educational purposes only and are not to be construed as financial and/or investment advice.
Risk disclosure: www.darwinex.com/legal/risk-d...

[@nileshmahajan8297]

Your video on MkFI has given me a solution to problem of using volume objectively. I have integrated it in my algorithm and I was amazed to see the results !!! Thank you !!!

[@dutchmansolutions7927]

hey! In what ways did you incorporate this into your algo? looking into doing the same with an indie heavy system.

[@thedailygrind5224]

Looking forward to the next episode

[@dantesbarbati7519]

Muy lindo el poder de lo simple. Gracias

[@leonjbr]

Super interesting. Waiting for the net video.

[@Nadya7990]

It is amazing indicator when used in conjunction with others, personally I use alligator, ac, mfi , bb.

[@donbangert]

Imagine replacing Volume with Relative Volume in the calculations how much more accurate the intelligence would be.

[@khalidbinreaz8039]

wait wait and learn..... next episode 🙃

[@SP-db6sh]

How to remove noise from this indicator ? False signal clean out needed in 15 min or short timeperiod.

[@mustwatchcontent7127]

I'm using fractal breakout strategy currently, have Win rate 48% I need help how to improve Win rate of this strategy