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Demand Index by James Sibbett for NinjaTrader 7 and 8

 

I have prepared a detailed page showing many images of Demand Index and how to put it to good use.

 

 

The power of Demand index is put to its best use when measuring divergences between itself and the price data series.

 

When we see a weakening of prices that are making new lows and the Demand Index is not making a new low this known as a bullish divergence

 

  • See when the professional traders are quietly trying to buy stock without showing their hand

  • Can be used in signals and systems

  • Users can adjust the period of demand index length for total flexibility.

Buy Demand Index for NinjaTrader 7 and 8           $197 for a 10 yr license, or you get a 1 month trial for $55

 

 

 

 Demand Index for NinjaTrader 7 and 8 shown below on recent data (E-mini SP500  Futures)

This example shows that the selling was serious as it sent the Demand index indicator very fast below the zero line. This is generally regarded as a reliable trend change signal indication.

 

This example shows that the low on 1/3 was not confirmed by a low on the Demand Index indicator.

This signal was identified by the Precision Divergence Finder 2012 in a very clear example.

Buy Demand Index for NinjaTrader 7 and 8     $197 for a 10 yr license, or you get a 1 month trial for $55

 

Above we can see that the high price did not hold and the Demand Index began falling off a cliff. This is the advance warning side of this indicator. In other cases if the trend was going to continue rising, we would likely see the Demand Index holding up much better.

Once the indicator crossed below zero we see a sharp decline in price.

Demand Index can often help you identify the direction of a tight range

Above we can see a zero line hugging Demand Index (50) which became a crystal clear sell signal which lead to 120 point collapse in the Dax futures

After the congestion area developed, we see clearly that Demand Index went into a rising trend which forewarned of a rising breakout of the pattern.

Above we can see the effect of increasing Demand Index length to 100. Notice the smoothed line give us clear trend definitions.

The new low made at 20:00 was not confirmed by Demand Index low which is a bullish divergence. Notice also how after this the indicator just keeps rising showing us that volume accumulation is occurring. The minor sell off at 0850 does not transmit into the Demand Index as the volume was low. The move at the end of the data is backed up by a huge move up in the Demand Index Indicator, which illustrates the validity of it.

Which markets can Demand Index Finder be used on?

  • Futures            
  • Stocks               
  • Bonds                
  • Forex            
  • Forex Futures   

Which markets cannot be used with Demand Index?

  • Indices without volume
  • Any market with no volume

Buy Demand Index for NinjaTrader 7 and 8                       $197 for a 10 yr license, or you get a 1 month trial for $55

I have prepared a detailed page showing many images of Demand Index and how to put it to good use.

 

 

List of other NinjaTrader products from Precision Trading Systems.

 

 

 

Demand Index by James Sibbet for NinjaTrader 7 and 8

Price $197  (Pay-Pal)  10 year license

Price $55  (Pay-Pal)  1 month trial license

Stocks, Futures, Bonds, Forex, Real-time and Static data  

 

Buy Demand Index for NinjaTrader 7 and 8

 

Author: James Sibbett, coded by Precision Trading Systems. (Protected code) Making life simple for traders.

 

 

 

 

 

 

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