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Syntax
MI(high; low; periodACC; periodMA)
Arguments
The 'high' argument is an array containing the high values.
The 'low' argument is an array containing the low values.
The 'periodACC' parameter is the accumulation period. The recommended value is 25.
The 'periodMA' is the moving average period. The recommended value is 9.
Result
The result is an array.
Description
The Mass Index was designed to identify trend reversals by measuring the narrowing and widening of the trading range (high - low prices). As the range widens the Mass Index increases; as the range narrows the Mass Index decreases. The Mass Index was invented by Donald Dorsey.
Related Examples
Windows Forms: All Examples\Data Manipulation\Functions\Financial\Technical Price Indicators