Mass index indicator
Type: Trend reversal indicator
Settings: Period 25
Signal line 27
$gold $EURUSD $SILVER $BTC $XRP
https://youtu.be/r0wDpI5Hw8Y
Forex (Foreign Exchange) is an international currency trading market. In this market, you can buy and sell financial instruments corresponding to the different currencies. Trading Forex is a risky business, You may lose money. Please consider this before opening an account with any broker.
A statistical technique used to identify the strength and direction of the market trend is using the Linear Regression Slope as this is a centred oscillator type indicator. It fluctuates above and below a central line drawn at 0.
This indicator can be used to measure the strength or weakness and direction of the momentum.
Highest high value is the highest value of the market during the selected period.