Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 10/30/2005(UTC) Posts: 14
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Patric & Jose,
The Demand Index, DI(), does not allow to select period. How do I modify it so I can select any period, for example 5?
Is it possible to create a dummy indicator for this DI() , then assign the period for the dummy indicator?
Thank you
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 1/19/2005(UTC) Posts: 1,065 Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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The Demand Index seems to be a price momentum indicator, similar to
[code:1:d0257f51b4](C/ValueWhen(1,Cum(1)=1,C)-1)*100[/code:1:d0257f51b4] ... and +/- modified by volume action, finally normalized to +/-100.
It doesn't seem to me like the DI() uses any internal smoothing, but that cannot stop anyone from using Mov(DI(),pds,E) smoothing.
jose '-)
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Rank: Member
Groups: Registered, Registered Users, Subscribers Joined: 10/30/2005(UTC) Posts: 14
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Jose,
Thank you for your respond.
It seems to me that DI() is default for period =10. I am looking to display DI(period) for
period =1 to 20, not the MA of DI().
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