Mass Index (MI)
Mass Index (MI) is a forex technical indicator used in technical analysis. Mass Index (MI) Indicator was developed by Donald Dorsey. This indicator is designed to identify changes in direction (reversal) trends by measuring how big the difference between the highest and lowest prices. If the difference is enlarged, the Mass Index will rise. Conversely, if the difference is smaller, then the Mass Index will decline.
To calculate mass index, use the following ways:
1. Calculate the exponential moving average of 9 days difference between the highest and lowest prices.
2. Calculate the exponential moving average 9 days from the results of step 1.
3. The result of step 1 divided by the result of step 2.
4. Total the results of step 3 for 25 periods (eg 25 days).
Market Facilitation Index (BW MFI)
Market Facilitation Index (BW MFI) is a forex technical indicator used in technical analysis. Market Facilitation Index (MFI) is a One example method of technical analysis, an indicator of the way when there are trends in the marketplace. This method is used to determine the effectiveness of the stock price movements in the market.
This method is usually combined with the volume of sales and purchase transactions of shares to determine the market conditions. There are four combinations of values of MFI and volume of transactions, namely the Green market conditions, Fake, Squat, and Fade.
When BW MFI and volume increases at the same time, this means the market is moving in one direction and many traders to participate in these markets. This is a good time to be in the market. When BW MFI and volume down at the same time, this means the interest of the market traders began to fade. It often happens to the front to the end of a trend.


