{"id":2326,"date":"2010-02-12T21:18:19","date_gmt":"2010-02-12T15:48:19","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=2326"},"modified":"2010-02-12T21:18:19","modified_gmt":"2010-02-12T15:48:19","slug":"application-and-charts-of-mass-index","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/application-and-charts-of-mass-index\/","title":{"rendered":"Application and Charts of Mass Index"},"content":{"rendered":"<p>The Mass Index calculates various values, even the exponential averages of the ranges, using a number of bars. After that it works out the indexes and traces the results. Mass Index shows the direction in trending markets and forecasts possible direction changes of forex market.<\/p>\n<p>The Mass Index line rising over the setup line and getting lower than the trigger line afterwards indicates a possibility of price reversing, which is called &#8220;a reversal bulge&#8221;. It&#8217;s impossible to find out the direction of the trend through the Mass Index but it shows potential reversals successfully.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Calculation:<\/strong><\/span><\/p>\n<p>MI = SUM (EMA (HIGH &#8211; LOW, 9) \/ EMA (EMA (HIGH &#8211; LOW, 9), 9), N)<\/p>\n<p>Where:<br \/>\nSUM \u2014 means a sum;<br \/>\nHIGH \u2014 the maximum price of the current bar;<br \/>\nLOW \u2014 the minimum price of the current bar;<br \/>\nEMA \u2014 the exponential moving average;<br \/>\nN \u2014 the period of the indicator (the number of values added).<\/p>\n<p><a class=\"highslide\" onclick=\"return vz.expand(this)\" href=\"https:\/\/www.niftylivecharts.com\/blog\/wp-content\/uploads\/2010\/02\/Mass_Index_1.gif\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium wp-image-2327\" title=\"Mass_Index_1\" src=\"https:\/\/www.niftylivecharts.com\/blog\/wp-content\/uploads\/2010\/02\/Mass_Index_1-300x207.gif\" alt=\"\" width=\"300\" height=\"207\" srcset=\"https:\/\/www.niftylivecharts.com\/blog\/wp-content\/uploads\/2010\/02\/Mass_Index_1-300x207.gif 300w, https:\/\/www.niftylivecharts.com\/blog\/wp-content\/uploads\/2010\/02\/Mass_Index_1.gif 520w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mass Index calculates various values, even the exponential averages of the ranges, using a number of bars. After that it works out the indexes and traces the results. Mass Index shows the direction in trending markets and forecasts possible direction changes of forex market. The Mass Index line rising over the setup line and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[6291,6288,6289,6292],"class_list":{"0":"post-2326","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general","7":"tag-charts-of-mass-index","8":"tag-mass-index","9":"tag-mass-index-indicator","10":"tag-stock-market-indicator","11":"entry","12":"has-post-thumbnail"},"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2326","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=2326"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/2326\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=2326"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=2326"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=2326"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}