MassIndex


Summary

The Mass Index Indicator interface.

Remarks

The Mass Index Indicator can be a great tool to identify future price reversal. It is expected for a reversal to occur when Mass index is rising.

Syntax

public interface MassIndex

Members

NameTypeSummary
Result PropertyGets the resulting series of the calculation of the Mass Index indicator.

Example 1

private MassIndex _massIndex;
protected override void Initialize()
{
    _massIndex = Indicators.MassIndex(14);
}
public override void Calculate(int index)
{
    double massIndex = _massIndex.Result[index];
}

Example 2

using cAlgo.API;
using cAlgo.API.Indicators;
namespace cAlgo.Robots
{
    // This sample cBot shows how to use the Mass Index indicator
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class MassIndexSample : Robot
    {
        private double _volumeInUnits;
        private MassIndex _massIndex;
        private SimpleMovingAverage _simpleMovingAverage;
        [Parameter("Volume (Lots)", DefaultValue = 0.01)]
        public double VolumeInLots { get; set; }
        [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
        public double StopLossInPips { get; set; }
        [Parameter("Take Profit (Pips)", DefaultValue = 10)]
        public double TakeProfitInPips { get; set; }
        [Parameter("Label", DefaultValue = "Sample")]
        public string Label { get; set; }
        public Position[] BotPositions
        {
            get
            {
                return Positions.FindAll(Label);
            }
        }
        protected override void OnStart()
        {
            _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
            _massIndex = Indicators.MassIndex(9);
            _simpleMovingAverage = Indicators.SimpleMovingAverage(Bars.ClosePrices, 20);
        }
        protected override void OnBar()
        {
            if (_massIndex.Result.Last(1) < 9) return;
            if (Bars.ClosePrices.Last(1) > _simpleMovingAverage.Result.Last(1))
            {
                ClosePositions(TradeType.Buy);
                ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
            }
            else if (Bars.ClosePrices.Last(1) < _simpleMovingAverage.Result.Last(1))
            {
                ClosePositions(TradeType.Sell);
                ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
            }
        }
        private void ClosePositions(TradeType tradeType)
        {
            foreach (var position in BotPositions)
            {
                if (position.TradeType != tradeType) continue;
                ClosePosition(position);
            }
        }
    }
}
Reference