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08/17/12 8:03 PM

#6848 RE: blindman28 #6847

actually, MFI is much more accurate than accum/dist. if you look at the calculations used, a/d gets all its info from the candles, so a painted close has a huge influence on the indicator. MFI is volume-weighted, so it gives a far better measure. MFI can tell when peeps are tapping the bid, trying to get people to sell into their orders. :-)