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Mass Index Indicator

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    Mass Index Indicator

    Does anyone have or can code the Mass index indicator for NT?

    Developed by Donald Dorsey, the Mass Index uses the high-low range to identify trend reversals based on range expansions. In this sense, the Mass Index is a volatility indicator that does not have a directional bias. Instead, the Mass Index identifies range bulges that can foreshadow a reversal of the current trend.

    Single EMA = 9-period exponential moving average (EMA) of the high-low differential

    Double EMA = 9-period EMA of the 9-period EMA of the high-low differential

    EMA Ratio = Single EMA divided by Double EMA

    Mass Index = 25-period sum of the EMA Ratio

    With 27 and 26 threshold lines.

    #2
    Dyversity, welcome to our forums here - I'm not aware of this study already being created for the NinjaTrader platform.

    If you want to look into creating this study yourself in our powerful NinjaScript environment we have some excellent tutorials in our helpguide to get started - http://www.ninjatrader.com/support/h...indicators.htm
    BertrandNinjaTrader Customer Service

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