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Re: Highlander TCBO1 post# 13388

Sunday, 01/10/2010 11:15:55 PM

Sunday, January 10, 2010 11:15:55 PM

Post# of 47292
Thanks

You caught one of my many flaws. Hard headed. I personally feel all oscilators show monentum. And disagree with that placement.

I also think TRIX & Aroon are trend indicators, not momo. As they are not oscilators but do present a stocks trend indication.

Some indicators can be used in different ways. My fav. ! DMI can show me everything, entry/exit, ADX support/pressure. I see and use DMI for all trend, momo, and expected volume. Where should I place it ?? I place it on top and use others to confirm.

As for RSI & MFI, I think stock charts event comments about each doing the same thing, in their description pages.

Had to check LOL

Yes, MOMO mentioned, like I feel.

The Money Flow Index (MFI) is a momentum indicator that is similar to the Relative Strength Index (RSI) in both interpretation and calculation. However, MFI is a more rigid indicator in that it is volume-weighted, and is therefore a good measure of the strength of money flowing in and out of a security

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:money_flow_index_mfi

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