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doughboy
18 jul 2017 02:25

Demand Index 

BITFINEX:BTCUSD1D
Bitcoin / DollarBitfinex

Beskrivning

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demand index

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fixed va

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small details

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if this is useful to you,
donate: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
:)

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changed sma to avg
added option to switch between sma and avg (default is avg)
added zero line

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Added some minor fixes and additional input variables

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Chart update
OscillatorsRelative Strength Index (RSI)Demand ZoneindexsellingbuyingpowerDivergenceanalysis
Kommentarer
Triumph_Investments
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Hi. When I apply this indicator for an index or stock the line there is straight. Please let me know if I need to make any changes.
nelsoncares
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@Triumph_Investments, chek if it is in log scale
alawikwt
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Comments
slimer0
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if hate "if and else blocks"
this
else
na
:/

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p = (close - open) / open
di = 0.0
va = 0.0
bp = 1.0
sp = 1.0
h = highest(high, priceRange)
l = lowest(low, priceRange)
va := h - l
va := sma(va, period)
va := va == 0 ? 1 : va
k = 3 * close / va
p := p * k
bp := close > open ? volume : volume / p
sp := close > open ? volume / p : volume
di := abs(bp) > abs(sp) ? sp / bp : bp / sp
di := ema(di, smooth)
romanowsky
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What is the significance of the price range parameter?
alawikwt
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Y
impossibleMeer11896
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.
shivlkar1
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somehow, its not working.
TommyLaPlace
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Awesome! Thanks!
Mer