doughboy

Demand Index

demand index
Jul 18
Catatan Rilis: fixed va
Jul 18
Catatan Rilis: small details
Jul 18
Catatan Rilis: if this is useful to you,
donate: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
:)
Sep 17
Catatan Rilis: changed sma to avg
added option to switch between sma and avg (default is avg)
added zero line
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit
thanks doughboy.
Jawab
Nicely done.
Jawab
@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
Jawab
platon ShirokiHeishi
@ShirokiHeishi,
Thanks for your contribution. This formula make it less erratic.
Jawab
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
Jawab
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.
Jawab
doughboy ShirokiHeishi
@ShirokiHeishi, i got the formula for this indicator from the book John J. Murphy - Technical Analysis Of The Financial Markets
+1 Jawab
Is it possible to smooth the indicator with a 3 period ema ?
It is not about to overlay a mov avg on the indicator.
Jawab
doughboy platon
@platon, by default it smooths with a 10 period ema, you can change that value to whatever you want in the settings
Jawab
Beranda Penyaring Saham Penyaring Forex Penyaring Crypto Kalender Ekonomi Tayangan Bagaimana Cara Kerjanya Fitur-Fitur Chart Harga Akun Tata Tertib Moderator Solusi Website & Broker Widget-Widget Solusi Charting Perpustakaan Charting Ringan Pusat Bantuan Refer seorang teman Permintaan Fitur Blog & Berita Yang Sering di Tanyakan Wiki Twitter
Profil Pengaturan Profil Akun dan Penagihan Refer seorang teman Tiket Dukungan Saya Pusat Bantuan Ide Terpublikasikan Pengikut Telah Mengikuti Pesan Pribadi Obrolan Keluar