Changes

Mass index is a form of technical analysis that examines the range between high and low stock prices over a period of time. According to its theory, a reversal of the current trend will likely take place when the range widens beyond a certain point and then contracts. <br>

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The Mass Index indicator is used in trending markets to monitor the direction and warn of potential trend changes. It uses a specified range of bars to calculate the exponential averages of the range between the high and low prices for a period of time. Then it calculates and plots an index of these calculations. The Mass Index indicates a possible trend reversal when the Mass Index line crosses above the setup line and then falls below the trigger line. This pattern is known as a reversal bulge. <br>