Compact mode

Mass Index

Known for Volatility-Based Reversal Prediction

Table of content

General Information
Characteristics
Facts

Application
Technical Details
Usage
Evaluation
Performance Metrics
Alternatives
FAQ

General Information

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Volatility

Mass Index is a Volatility type indicator. Indicators that measure market volatility and price fluctuations Click to see all.
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Stocks

The asset classes Mass Index is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Forex

The asset classes Mass Index is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
Made In 🌍

The country or origin of the trading indicator

United States

Mass Index was developed in United States. Indicators developed in the USA, reflecting American trading principles

Characteristics

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Leading

Mass Index is a Leading indicator. Indicators that predict future price movements Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Advanced

The complexity level of Mass Index is Advanced. Sophisticated indicators designed for traders with extensive market knowledge and experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

Low

The popularity of Mass Index among traders is considered Low. Indicators with lower adoption but potential unique insights

Facts

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Created by Donald Dorsey
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

It's like predicting market earthquakes

Application

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Daily

Mass Index is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.

Technical Details

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Price-Based

Mass Index uses the Price-Based calculation method. Indicators focusing on price movements and patterns for market analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Thresholds

Mass Index generates trading signals through Thresholds. Indicators that generate signals when certain predefined levels or conditions are met
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Period

Mass Index offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Bulge Threshold

Mass Index offers customization options for Bulge Threshold. Describes indicators that allow setting of levels for identifying significant price movements. Click to see all.

Usage

For whom 👥

The target audience or user group for the trading indicator

Volatility Traders

Mass Index is designed for Volatility Traders. Measures and predicts market volatility, essential for volatility-based strategies Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Identifying Trend Reversals

Mass Index is primarily used for Identifying Trend Reversals. Indicators for major trend direction changes Click to see all.

Evaluation

Pros 👍

Advantages of using the trading indicator

Identifies Potential Reversals

Unique Approach To Volatility
Cons 👎

Disadvantages or limitations of the trading indicator

Complex Calculation

Indicators with straightforward calculations and easy-to-understand outputs for efficient analysis Click to see all.

Less Intuitive Interpretation

Indicators with complex interpretation, potentially challenging for novice traders to use effectively. Click to see all.

Performance Metrics

Reliability Score 💯

A score indicating the overall reliability of the trading indicator

6

The reliability score of Mass Index is 6 out of 10. Click to see all.
Ease of Use Score 💻

A score representing how user-friendly and intuitive the trading indicator is

5.5

The ease of use score for Mass Index is 5.5 out of 10. Click to see all.
Versatility Score 🔀

A score indicating the adaptability of the trading indicator across different markets and timeframes

7.5

The versatility score of Mass Index is 7.5 out of 10. Click to see all.
Customization Score 🔧

A score representing the degree of customization available for the trading indicator

6.5

The customization score for Mass Index is 6.5 out of 10.
Score ⭐

The overall score of the trading indicator based on various performance metrics

6.38

The overall score of Mass Index is 6.38 out of 10. Click to see all.

Alternatives to Mass Index

Choppiness Index

Known for Identifying Trending Vs Choppy Markets

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔀 is more versatile than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Dynamic Momentum Index

Known for Adapting To Market Volatility

💯 is more reliable than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Schaff Trend Cycle

Known for Combining Trend And Cycle Analysis

💯 is more reliable than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Elder Force Index

Known for Combining Price And Volume

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Balance Of Power (BOP)

Known for Measuring Market Sentiment

💻 is easier to use than Mass Index

⭐ is rated higher overall than Mass Index

Elder-Ray Index

Known for Combining Trend And Momentum

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔀 is more versatile than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Chande Momentum Oscillator (CMO)

Known for Momentum Measurement

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Known for Combining Price Changes With Volume

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

⭐ is rated higher overall than Mass Index

Detrended Price Oscillator (DPO)

Known for Eliminating Long-Term Trends

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

Triple Exponential Average (TRIX)

Known for Filtering Out Market Noise

💯 is more reliable than Mass Index

💻 is easier to use than Mass Index

🔀 is more versatile than Mass Index

🔧 is more customizable than Mass Index

⭐ is rated higher overall than Mass Index

FAQ about Mass Index