Syntax
Public Function MassIndex(chart_ID As Long, period As Integer) As String
Description
The Mass Index identifies price changes by indexing the narrowing and widening change between high and low prices.
According to the inventor of the Mass Index, reversals may occur when a 25-period Mass Index raises above 27 or falls below 26.5.
Parameters
Key | Description |
chart_ID | Chart identifier, 0 is the current chart ,value of type Long. |
Period | The calculation period, on which the indicator will be calculated, value of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (MassIndex(0,8)) 'Draws the indicator on chart and shows a message box with the indicator name.End Sub
See Also