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please tell me what the "money flow index" is

glossary FAQ: glossary.
G. Garner from Montpellier, France
27 February, 2009

A volume indicator that tracks the flow of money into or out of a market. A divergence between the Money Flow Index and price trend can warn of a possible trend reversal. Visit Interbank FX

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Top Forex Signals Recommends Oanda
Some Background on Oanda:
The ECN forex facilitator Oanda is headquartered at 140 Broadway, 46th Floor NY, NY 10005, and was established on 1996. After stepping off to a blunt start, and over the past number of months, it has taken it's place as one of the successful systems in the world.
Platform:
If you think that less is more, best look elsewhere. Oanda's downloading software is interfaced messily and is kinda slow, but of more importance though, is the sound degree of reliability of the server communication. This one features a customer support service and twenty four seven trading. By the way, to be honest, this program isn't hugely innovative. Instead, it applies the more established systems of previous mainstream forexes. It's more a question of aesthetics, it is not an issue good or bad.
Advantages:
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Disadvantages:
- Download - Confusing Options - A Narrow Selection of Currencies to Choose between
Conclusion:
A accessorized yet often complex choice.