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Mass Index Indicator


This item was developed by bug man on November 11, 2009. Mass Index Indicator is a Trading Indicator.
The creation of this Technical Analysis indicator needed 3 lines of code.
The function name is 'mass_index' and it is created using JScript.Net programming language.
It contains 2 inputs. The different arguments are:
EMA_period (Type: Number - Default Value: 0): Usually 9
Sum_period (Type: Number - Default Value: 0): Usually 25

Example:
p = mass_index(0, 0);

Formula to show the trading indicator on a chart:
Plot(mass_index(0, 0), "Mass Index Indicator", colorRed);

Future and Past Bars:
The indicator does not require future bars. It necessitates zero old bars.

Click on this link to download Mass Index Indicator

Search terms used to find this trading item include mass index indicator, stock mass index, Mass Index stock, mass index stock indicator, mass index stocks

The trading object is saved under the following categories: Technical Analysis

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Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.