It is a well-known fact that the masses of people move world events, and it is no different in the case of markets, where this is doubly true without any exaggeration.
The Mass Index is a new one in a series of oscillating indicators whose algorithm evaluates the realignment of the masses of traders from one side to the other, which is one of the most important pieces of information in trading.
- The indicator of the shifting of the trading masses
- User difficulty: Easy
- Usability: Forex, Index Stocks
- MetaTrader 4 Compatibility.
- Free indicator updates
Trading with the indicator
If the value of the Mass Index indicator is below the -50 threshold, then it means that the current trend situation is rather bearish and, on the contrary, if it is at this threshold, then it is a bullish trend and therefore long entries.
Download the Mass Index from the button below
Do you need help with installing this indicator into MT4 for Windows or Mac OS? Our guide HERE will help you.