Definitions
In plain terms
It determines which flow bucket receives the current raw money flow.
Technical
TP_t>TP_(t-1) is positive, TP_t<TP_(t-1) is negative, and equality contributes to neither bucket.
Scope
Classifying on close alone changes the MFI contract.
Examples
- A reviewer computes MFI Typical-Price Direction from a small OHLCV fixture and checks readiness, units, and edge cases before publication.
Common misconceptions
- Classifying on close alone changes the MFI contract.
Concept relationships
Related
Required by
Where this concept is used
Evidence and governance
- Money Flow Index (MFI) TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Common overbought/oversold zones are descriptive conventions, not probabilities or guarantees.
- Money Flow Index technical note TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: A library note does not settle application-specific edge cases or locale wording.
- Volume indicators function group TA-Lib · first party technical publication
Supports: preferred label, short definition, technical definition, formula
Limits: Library compatibility does not by itself prove a project's seed, warm-up, or missing-data policy.
- Closing Price Investor.gov · official standard
Supports: preferred label, short definition, technical definition, formula
Limits: A close is not automatically an adjusted close and may vary by market session convention.
- Reviewed by
- fintech-builder-batch-010
- Last reviewed
- 2026-08-01
- Next review
- 2027-08-01
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.