The Market Facilitation Index, was developed by Dr. Bill Williams to reproduce volume and price characteristics in order to make the trade more accurate. 1 point price changing can be shown by BW MFI (Bill Williams Market Facilitation Index). You shouldn't care about absolute indicator values, whether its changes are important. Bill Williams singles out following processes of … [Read more...]
Application and Charts of Mass Index
The Mass Index calculates various values, even the exponential averages of the ranges, using a number of bars. After that it works out the indexes and traces the results. Mass Index shows the direction in trending markets and forecasts possible direction changes of forex market. The Mass Index line rising over the setup line and getting lower than the trigger line afterwards … [Read more...]