Mass Index

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Mass Index


Mass Index Indicator


The Mass Index indicator was developed by Donald Dorcy. It is used to determine the trend turns, by measuring the range between the high and low prices. When the range becomes wider, the Mass Index grows, and vice versa.

 The Mass Index is calculated as follows:

MI = SUM (EMA (HIGH - LOW, 9) / EMA (EMA (HIGH - LOW, 9), 9), N)

A special model, called "reversal bulge" can be used as a signal to open a position.

It is advised to use the exponential moving average to determine the direction of the price turn.






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