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Market Facilitation Index

Market Facilitation Index Technical Indicator (BW MFI)

Section titled “Market Facilitation Index Technical Indicator (BW MFI)”

The Market Facilitation Index Technical Indicator (BW MFI) is an indicator that shows the change in price for one tick. The absolute values of the indicator do not hold any meaning on their own; only the changes in the indicator have significance.

Calculation of Market Facilitation Index

Section titled “Calculation of Market Facilitation Index”

To calculate the Market Facilitation Index, you need to subtract the lowest bar price from the highest bar price and divide it by the volume.