DeMarker (DeM)

Category: momentum

A technical indicator that compares the most recent maximum and minimum prices to the previous period's equivalent prices to measure the demand for the underlying asset.

Formula

DeMax = (High > High[i-1]) ? (High - High[i-1]) : 0; DeMin = (Low < Low[i-1]) ? (Low[i-1] - Low) : 0; DeMarker = SMA(DeMax, period) / (SMA(DeMax, period) + SMA(DeMin, period))

Inputs

• InpDeMarkerPeriod (default: 14)

See signal primitives and every published strategy that uses DeMarker (DeM) on WOBR StrategyVerse.