Mass Index
The Mass Index examines the range between the high and low prices to identify trend reversals based on range expansion. It identifies “reversal bulges” where the range expands beyond a certain threshold, often signaling a change in the current trend.
MASS
=MASS(data, emaPeriod, sumPeriod) Example Usage
=MASS(A2:F500, 9, 25)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
emaPeriod | Number | The period for the Single and Double EMAs. Default is 9. | Optional |
sumPeriod | Number | The period for summing the EMA ratios. Default is 25. | Optional |
Returns
A two-column array of dates and their corresponding Mass Index values.