Stock Portfolio Organizer
The ultimate porfolio management solution.
Shares, Margin, CFD's, Futures and Forex
EOD and Realtime
Dividends and Trust Distributions
And Much More ....
WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
Advanced Adaptive Indicators
Advanced Pattern Exploration
Neural Networks
And Much More ....
demand index for Amibroker (AFL)
Rating:
3 / 5 (Votes 5)
Tags:
oscillator, amibroker
Converted it from tradstation,
It is quite close to the formula that was posted by Stev wiser.
A number of parameters setting was available
this is also discussed in some details in
http://forum.equis.com/forums/thread/21109.aspx
Screenshots
Similar Indicators / Formulas
Febo RSI ..real indicator
Submitted
by abhinavsingh about 13 years ago
Trading Volume Statistic
Submitted
by tuanstock1 over 10 years ago
Ergodic Oscillator
Submitted
by dljtrader about 14 years ago
3 Days Track
Submitted
by janet0211 over 14 years ago
Chande Momentum Oscillator
Submitted
by klimpek about 14 years ago
BoH Risk Aversion Indicator
Submitted
by genkumag about 13 years ago
Indicator / Formula
Copy & Paste Friendly
//http://www.purebytes.com/archives/omega/2002/msg04345.html
//http://forum.equis.com/forums/thread/21109.aspx
arg = ParamList("Weighted Close", "Close|Avg|WtClose|Median", 2);
Const = Param("Constant", 5, .50, 10.5, 0.01);
periods = Param("periods", 19, 10, 40, 1);
Lb = Param("lb", 2, 2, 10, 1);
if(arg == "Close") WtClose = C;
if(arg == "Avg") WtClose = Avg;
if(arg == "WtClose") WtClose = (H + L + C + C)/4;
if(arg == "Median") WtClose = (H + L)/2;
AvgTr = MA(HHV(H, Lb) - LLV(L, Lb), periods);
WtCratio = (WtClose - Ref(WtClose, -1))/Min(WtClose, Ref(WtClose, -1));
VolRatio = Volume/MA(Volume, periods);
Constant = ((WtClose * 3)/AvgTr) * abs(WtCRatio);
Constant = IIf(Constant > Const, Const, Constant);
Constant = VolRatio /exp(Constant);
BuyP = IIf(WtCRatio > 0, VolRatio, Constant);
SellP = IIf(WtCRatio > 0, Constant, VolRatio);
BuyPressure = EMA(BuyP, periods);
SellPressure = EMA(SellP, periods);
tmpDI = IIf(SellPressure > BuyPressure, -BuyPressure/SellPressure,
SellPressure/BuyPressure);
DMI = IIf(tmpDi < 0, -1 - tmpDI, 1 - tmpDI)*100;
Plot(dmi, "demand index", colorBlue, styleLine);0 comments
Leave Comment
Please login here to leave a comment.
Back