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Coalossus

Using the Money Flow Index to trade stocks

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Why invest in stocks? When you use real stock trading accounts, you can obtain real stock volume.

Learn more about the Money Flow Index by clicking here.

You can trade CFDs and leverage your positions, but the volumes are fictitious. As a result, it is prudent to combine two accounts.

MSFT trading configuration

BUY ONLY - the trend is our friend here, and MSFT has only gone UP thus far. Avoid going against the long-term trend in this case. Maintain ods on your side.

Daily MFI with a period of less than 15 days

Exit: daily MFI with a period of more than 60 days

or

Daily MFI with a period of less than 15 days

Exit: daily MFI with a period of more than 70 days

SL: 4% of the account

With a $100 USD account and a 1:20 leverage, open with the smallest possible deal volume in accordance with SYMBOL VOLUME MIN.

On average, this MSFT configuration will generate approximately ten entries per year.

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Hello there, pal. I'm interested in this topic, and I'm currently practicing with actions in the NY opening while following the trend with renko candles. If you don't mind, I'll post my practice results in this thread.
Greetings

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You must wait until MFI is less than 15. Each year, there are only about ten entries. When MFI reaches 70 or 90, you can exit. according to your wishes. MSFT has a better chance of exiting on 70 based on three years of statistics. However, I noticed in D1 that 90 was a good exit point recently.

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I was just wondering if you had any other confirmations besides the MFI and trend?

I build systems in my spare time and am slowly getting better at it; after doing some research, I discovered that simple systems can work really well; I was wondering if you had any additional confirmations?

Continue your excellent work!

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When you see that SELL volumes are 5x higher than BUY volumes, you should sell on a CFD account with a leverage of 1:10. (or 1:20 on some brokers).

When BUY volumes outnumber SELL volumes by 5x, it's time to buy.

When you notice that SELL and BUY are "battleing" - like +/- equal volumes - exit. This is a reversal signal; therefore, exit and wait to see what happens - who "wins" (BUY or SELL) - before resuming trading in the open position.

This EA is designed for manual trading, similar to an indicator. Only real volumes of a stock are printed in the Expert Log section. I'm going to try this approach, and you can too.

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