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Money Flow calculates the typical price multiplied by volume. Money Flow is the core component of the Money Flow Index (MFI) indicator. Money Flow itself is not an indicator, rather a mathematical function used to construct other indicators.
See the Money Flow Index (MFI) definition and application
Money Flow is the typical price multiplied by Volume.
Typical Price = (High + Low + Close) / 3
Money Flow = Volume x Typical Price
The MFI is a momentum indicator that measures the flow of money into and out of a security over a specified period of time.
