It is an indicator for judging which direction the money is flowing in the market by buying or selling based on the price and trading volume.
It has similar characteristics to RSI, except that RSI is an indicator that uses only price fluctuation range, while MFI considers not only price range but also volume.
Sirius Future’s Chart
If the number is less than 20%, it is oversold level, so buy sign
Over 80% of figures are overbought levels, so sell sign
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