doughboy

Demand Index

demand index
Jul 18
릴리즈 노트: fixed va
Jul 18
릴리즈 노트: small details
Jul 18
릴리즈 노트: if this is useful to you,
donate: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
:)
Sep 17
릴리즈 노트: changed sma to avg
added option to switch between sma and avg (default is avg)
added zero line
즐겨찾기 스크립트에서 빼기 즐겨찾기 스크립트에 넣기
thanks doughboy.
응답
Nicely done.
응답
@doughboy, I am pretty sure the demand index does not use the simple moving average over 10 periods in its calculation (line 25) I, as far as I can tell, believe line 25 should be
va := avg(highest(high,2)-lowest(low,2),10)
a different form of averaging very similar to a fast Tenkan-sen from Ichimoku, anyway, I though you should know. Otherwise I think this is correct in format. Good job making this indicator
Warm regards,
Shiroki
응답
platon ShirokiHeishi
@ShirokiHeishi,
Thanks for your contribution. This formula make it less erratic.
응답
doughboy ShirokiHeishi
ahh yes i think you are right, in reality i think i meant for line 25 to be
va := avg(va, 10)
which would give the same result as what you suggest. thanks
although, comparing the different results i think both could be useful, so i will update with a bool input to choose either sma or avg
응답
I was wondering if this is the James Sibbet Demand index? and if it is, then thank you very much for adding this indicator to the library.
응답
doughboy ShirokiHeishi
@ShirokiHeishi, i got the formula for this indicator from the book John J. Murphy - Technical Analysis Of The Financial Markets
응답
Is it possible to smooth the indicator with a 3 period ema ?
It is not about to overlay a mov avg on the indicator.
응답
doughboy platon
@platon, by default it smooths with a 10 period ema, you can change that value to whatever you want in the settings
응답
홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 하우스룰(내부규정) 모더레이터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 헬프 센터 프렌드 리퍼하기 기능 개발/개선 요청 블로그 & 뉴스 잦은물음 위키 트위터
프로화일 프로화일설정 계정 및 빌링 프렌드 리퍼하기 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃