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
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