Market Facilitation Index Indicator

📊 Market Facilitation Index (MFI) – Volume & Price Strength Tool

The Market Facilitation Index (MFI), created by Bill Williams, is a professional tool to measure market efficiency by analyzing the relationship between price movement and volume.

✔ Key Features:

• 🔍 Volume + Price Analysis – Shows how efficiently the market moves with current volume.

• 🎨 Color-Coded Bars for quick trend interpretation:

  • ✅ Green – Strong trend (Volume ↑, Range ↑)

  • 🟤 Brown – Weak trend (Volume ↓, Range ↓)

  • 🔵 Blue – Fake move (Volume ↓, Range ↑)

  • 🌸 Pink – Battle Zone (Volume ↑, Range ↓) → often reversal.

• ⏱ Works on all timeframes – Ideal for H1 and above for accuracy.

• 📈 Trend Strength Detection – Easily spot continuation or reversal.

• ⚠ Not a standalone signal – Best combined with price action or other indicators.

✔ How It Helps Traders:

• ✅ Detects trend continuation or reversal early.

• ✅ Helps confirm volume-based moves.

• ✅ Fits in any strategy as a supporting tool.