PINE LIBRARY
Demand Index
Library "DemandIndex"
di()
The Demand Index is a complex technical indicator that uses price and volume to assess buying and selling pressure affecting a security.
James Sibbet established six rules for using Demand Index when the technical indicator was originally published. While traders may use variations of these rules, they serve as a great baseline for using the indicator in practice.
The six rules are as follows:
A divergence between the Demand Index and price is a bearish indication.
Prices often rally to new highs following an extreme peak in the Demand Index.
Higher prices with a low Demand Index often indicate a top in the market.
The Demand Index moving through the zero line suggests a change in trend.
The Demand Index remaining near the zero line indicates weak price movement that won’t last long.
A long-term divergence between the Demand Index and price predicts a major top or bottom.
Traders should use the Demand Index in conjunction with other technical indicators and chart patterns to maximize their odds of success.
di()
The Demand Index is a complex technical indicator that uses price and volume to assess buying and selling pressure affecting a security.
James Sibbet established six rules for using Demand Index when the technical indicator was originally published. While traders may use variations of these rules, they serve as a great baseline for using the indicator in practice.
The six rules are as follows:
A divergence between the Demand Index and price is a bearish indication.
Prices often rally to new highs following an extreme peak in the Demand Index.
Higher prices with a low Demand Index often indicate a top in the market.
The Demand Index moving through the zero line suggests a change in trend.
The Demand Index remaining near the zero line indicates weak price movement that won’t last long.
A long-term divergence between the Demand Index and price predicts a major top or bottom.
Traders should use the Demand Index in conjunction with other technical indicators and chart patterns to maximize their odds of success.
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Pine腳本庫
秉持 TradingView 一貫的共享精神，作者將此 Pine 程式碼發佈為開源庫，讓社群中的其他 Pine 程式設計師能夠重複使用。向作者致敬！您可以在私人專案或其他開源發佈中使用此庫，但在公開發佈中重複使用該程式碼需遵守社群規範。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。