MI (Mass Index)

Indicator Description

MI (Mass Index) is a trend indicator that reflects the strength and direction of market trends by calculating price trend changes.

Function Information

• Function Name: MI
• Input Parameters: High, Low
• Parameter Settings: timeperiod1 (default: 9), timeperiod2 (default: 25)
• Output: mi

Calculation Principle

MI reflects the strength and direction of market trends by calculating price trend changes. When MI is positive, it indicates an uptrend; when MI is negative, it indicates a downtrend.

Application Scenarios

1. Trend direction judgment
2. Trend strength analysis
3. Trend reversal identification
4. Trading signal generation