Library "DemandIndex"
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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...
The Demand Index is a complex technical indicator developed by James Sibbet that utilizes over 20 columns of data to measure the ratio of buying pressure to selling pressure. James Sibbet established six rules for using Demand Index:
1.A divergence between the Demand Index and price is a bearish indication.
2.Prices often rally to new highs following an extreme...