Label Toggle
Added the ability to turn the bullish/bearish labels on or off for better viewing on the mobile app or for users who prefer a cleaner display.
What Changed
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Added on/off toggle for the bullish/bearish trend labels
This Money Flow Index indicator adds a color-coded MFI line, background trend coloring, overbought/oversold zones and real-time labels to your TradingView charts. It shows whether money is flowing into or out of the market so you can read sentiment at a glance on any market or timeframe.
WHAT IT DOES
A visual Money Flow Index with instant-read trend labels, overbought/oversold zones and background coloring. Built to show you market sentiment at a glance.
The MFI line paints green when above the 50 line (bullish means money is flowing into the market) and red when below the 50 line (bearish means money is flowing out). This gives you an immediate visual read on whether buyers or sellers are dominant based on volume-weighted price action.
The background paints green when MFI is holding above the 50 line (bullish trend) and red when holding below (bearish trend). This provides a persistent visual backdrop so you can see the trend at a glance without reading the line value directly.
When MFI rises above the 75 level, it indicates a possible top or overbought conditions where money flow is extremely high and may be due for a pullback. When MFI drops below the 25 level, it indicates a possible bottom or oversold conditions where selling may be exhausted and a bounce is likely.
A label on the right side shows three things: whether the overall trend is bullish or bearish, whether there is a possible bottom or top, and whether the current MFI is going up or down. The label updates in real time, changes color in sync with the MFI line, and flashes between red and green on trend changes to grab your attention. Green means money is coming in, red means money is going out, blue means neutral.
The labels can be turned on or off in the settings for better viewing on the mobile app or a cleaner display.
INTERPRETATION GUIDE
Use MFI as a gauge of market sentiment. When MFI is above 50 and trending upward, the market has bullish money flow so look for entries in the bullish direction. When MFI reaches overbought territory (above 75), be cautious about new longs and consider tightening stops. When MFI reaches oversold territory (below 25), watch for reversal signs for potential long entries. MFI works best as confirmation alongside other indicators.
CONFIGURATION
Minimal settings, the indicator uses standard MFI defaults.
GOOD TO KNOW
FREE ON TRADINGVIEW
Add it to your TradingView charts and start reading market money flow at a glance today. No subscription required.
COMMON QUESTIONS
CHANGELOG
Added the ability to turn the bullish/bearish labels on or off for better viewing on the mobile app or for users who prefer a cleaner display.
EXPLORE MORE
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Combines MFI with RSI and normalized momentum in one pane with trend labels. When you want MFI alongside two other indicators for a multi-indicator consensus view.
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DMI-colored volume bars showing buy and sell pressure per bar. MFI tells you the overall money flow trend. The volume profile shows you who’s in control bar by bar.
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9-indicator direction table including MFI. See how money flow aligns with 8 other popular indicators for full multi-indicator consensus at a glance.