RightEdge - The Ultimate Backtesting and Trading System Development Platform

Mass Index Indicator

The Mass Index, created by Donald Dorsey, attempts to identify price reversals by measuring the range between high and low prices over a given period.  The well known signal to watch for with this indicator is the "reversal bulge".  This occurs when the Mass Index (25 period) rises above 27 and falls back below 26.5.  When the reversal bulge is spotted and the EMA points downward, open a long position.  If the EMA points upward, open a short position.

See Also

Mass Index Developer Help