I am using the MFI (60 min/14 periods) to trade high volume stocks which are less prone to intense news events (i.e., pharmaceuticals). Further, I tend to stay away from trading before and after earnings reports. Using the MFI in combination with the MACD has been pretty effective trading AXP, GE, MSFT, BA, TM, etc. I am a member of the 'keep it simple, stupid' camp.

PM