MASS
Mass Index
Description
The Mass Index was developed by Donald Dorsey and
was designed to identify trend reversals by measuring the narrowing and widening
of the range between the high and low prices. As this range widens, the Mass
Index increases; as the range narrows the Mass Index decreases.
Category
Others
Parameters
N1 ( Default: 9
Min: 2 Max: 100 )
N2 ( Default: 25
Min: 5 Max: 100 )
Chart Script
SUM(EMA((HIGH-LOW),N1)/EMA(EMA((HIGH-LOW),N1),N1),N2)